ONGC picks Shearwater for seismic campaign offshore India | Offshore Energy Today

ONGC picks Shearwater for seismic campaign offshore India

Source: Shearwater

Marine seismic services provider Shearwater GeoServices has been awarded a seismic acquisition contract offshore India by ONGC.

Shearwater said on Tuesday it had won a combined 2D and 3D broadband marine seismic acquisition campaign by ONGC in Eastern Offshore, India.

The contract is planned for execution in the first half of 2020. The survey covers 1,600 sq. km of 3D and 800 km of 2D data in a deepwater area of the Bay of Bengal.

“We are very pleased to return to work with ONGC in India for a fourth consecutive season” said Irene Waage Basili, the CEO of Shearwater GeoServices.

“Our track record for seismic operations offshore India is unparalleled and we look forward to executing this season’s work and strengthening that position.”

Source: ONGC picks Shearwater for seismic campaign offshore India | Offshore Energy Today

Axxis Geo Solutions still waiting for OBN survey award | Offshore Energy Today

Axxis Geo Solutions still waiting for OBN survey award

Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has delayed the formalization of a letter of intent into a final contract for a large OBN survey. AGS was awarded the initial letter of intent on September 23, 2019.

Illustration. Source: Axxis Geo Solutions

AGS said on Tuesday that it was making “significant efforts” to finalize the final contract and begin operation. However, the final contract award is subject to the client obtaining a separate contract award from its partners.

The Oslo-listed company added the client and its partners were discussing a reduced initial scope of work compared to the initial scope of 28 vessel months and that the execution of their contract would be somewhat delayed.

Consequently, the contract award to AGS is also delayed and but the company is still confident that the contract will be awarded.

The company has mobilized four vessels to Malta in anticipation of the start of the contract. AGS is currently negotiating compensation, including stand-by rates, to compensate for further delays, it said.

The projected revenues from the first phase of the contract are expected to be approximately $35 million, with a potential for further upside.

 

Source: Axxis Geo Solutions still waiting for OBN survey award | Offshore Energy Today

Shearwater to shoot seismic for Repsol off Malaysia | Offshore Energy Today

Shearwater to shoot seismic for Repsol off Malaysia

Marine seismic acquisition company Shearwater GeoServices has will carry out a hybrid node and towed streamer seismic survey by Repsol offshore Malaysia.

Shearwater said Wednesday that the survey would start in the first quarter of 2020 and would take two months to complete.

The project covers approximately 1,000 sq. km of ocean bottom and towed streamer seismic on Repsol’s operated block offshore Peninsular Malaysia, Shearwater said.

The Multi-Purpose Vessel (MPV) SW Vespucci will acquire the seismic using Flexisource triple source in combination with Qmarine towed streamer and ocean bottom nodes, the company explained.

“By combining ocean bottom and towed streamer seismic using an MPV we offer our customer an innovative and efficient hybrid solution for the acquisition of high-quality seismic data at a field which already has numerous oil installations,” said Irene Waage Basili, the CEO of Shearwater.

“This is the second contract awarded to us in recent weeks in Southeast Asia and confirms our position in the region and the value we offer to our clients. Our strategy, to have a fleet with flexibility and critical mass, enables back-to-back operations for SW Vespucci in the region, maximizing vessel utilization, minimizing global transit cost and lowering emissions,” Irene Waage Basili said.

As reported on Tuesday, India’s ONGC hired Shearwater for a combined 2D and 3D broadband marine seismic acquisition campaign by ONGC in Eastern Offshore, India. More on that here.

 

Source: Shearwater to shoot seismic for Repsol off Malaysia | Offshore Energy Today

Polarcus, ARGAS ink seismic cooperation deal in MENA region | Offshore Energy Today

Polarcus, ARGAS ink seismic cooperation deal in MENA region

Seismic services provider Polarcus has signed a memorandum of understanding (MoU) with the Arabian Geophysical and Surveying Company (ARGAS) to collaborate on seismic projects in the Middle East and North Africa (MENA) region.

Image: Polarcus

Polarcus said on Tuesday that it would, together with ARGAS, work to identify marine seismic opportunities and execute projects in the MENA region.

ARGAS provides regional expertise in land, transition zone, and shallow water seismic data acquisition and associated data processing.

Duncan Eley, Polarcus CEO, stated: “We are very pleased to collaborate with ARGAS in the MENA region. Leveraging the core strengths and capabilities of both parties will deliver enhanced imaging and a reduced exploration cycle to E&P companies in the region.”

Polarcus was earlier this year involved in a seismic project in the Middle East when its Vyacheslav Tikhonov vessel was hired by Dubai Petroleum for a combined towed streamer and ocean bottom node (OBN) 3D seismic acquisition and processing project.

Source: Polarcus, ARGAS ink seismic cooperation deal in MENA region | Offshore Energy Today

Polarcus wins 10-month seismic acquisition program in Brazil | Offshore Energy Today

Polarcus wins 10-month seismic acquisition program in Brazil

Source: Polarcus

Seismic services provider Polarcus has been awarded a marine seismic acquisition program in Brazil.

Polarcus said on Thursday that the program would start in the third quarter of 2020 with a duration of approximately ten months.

The program comprises 4D acquisition in obstructed areas with a multi-azimuth component.

Polarcus has not revealed any further details about the seismic program.

In recent company news, Polarcus started seismic surveys in the Neptune Energy-operated Petrel field, located in the Bonaparte Basin offshore Australia. The Polarcus Asima vessel began the campaign on November 30 and will continue into late January 2020.

Source: Polarcus wins 10-month seismic acquisition program in Brazil | Offshore Energy Today

Polarcus hired for Asia Pacific seismic survey | Offshore Energy Today

Polarcus hired for Asia Pacific seismic survey

Marine seismic player Polarcus has been awarded a new XArray marine seismic acquisition project.

In a brief announcement on Monday, the company said that the project would be in the Asia Pacific region.

Polarcus said the survey would begin in the second quarter of 2020, with a duration of approximately 4 months.

The company did not say who the client was, nor which vessel it would use for the project.

The Polarcus XArray is an acquisition configuration developed by Polarcus to deliver ‘superior’ data quality and make full use of today’s larger streamer spreads.

According to Polarcus, it improves both in-line shots by 100- 250 percent and cross-line bin density by up to 400 percent on any streamer separation and can be tailored to provide higher fold data, increase crossline sampling and improve acquisition efficiency.

Source: Polarcus hired for Asia Pacific seismic survey | Offshore Energy Today

Shearwater to shoot seismic over Total’s fields offshore Denmark | Offshore Energy Today

Shearwater to shoot seismic over Total’s fields offshore Denmark

Geoservices company Shearwater GeoServices has been awarded a contract for 4D surveys over Total’s Tyra and Roar fields in Denmark. 

Shearwater’s SW Amundsen vessel. Source: Shearwater

Shearwater said on Tuesday that the surveys would be conducted this summer.

The Tyra, Tyra SE, and Roar fields are located offshore Denmark and the survey will be conducted by Shearwater’s SW Amundsen vessel.

Total has selected Shearwater’s multi-sensor Isometrix acquisition system.

“We are pleased to see Total’s selection of the Isometrix multi-sensor acquisition system for their North Sea 4D season, designed to produce the highest standard of 4D seismic in the industry,” said Irene Waage Basili, CEO of Shearwater GeoServices.

Total – which took over the Tyra field following the acquisition of Maersk Oil last year – is working on redevelopment of Tyra field located in the North Sea off Denmark. The full redevelopment of the Tyra gas field was approved by the Danish Underground Consortium (DUC) back in December 2017 while the project was still operated by Maersk Oil.

The redevelopment of Tyra will cost around $3.36 billion. It will ensure continued production from Denmark’s largest gas field and will protect and rejuvenate important Danish North Sea infrastructure.

The redeveloped Tyra is expected to deliver approximately 60.000 barrels of oil equivalent per day at peak, and it is estimated that the redevelopment can enable the production of more than 200 million barrels of oil equivalent. Approximately 2/3 of the production is expected to be gas and the rest oil.

Source: Shearwater to shoot seismic over Total’s fields offshore Denmark | Offshore Energy Today

Shearwater starts seismic survey over KrisEnergy’s Cambodia block | Offshore Energy Today

Shearwater starts seismic survey over KrisEnergy’s Cambodia block

SW Vespucci; Source: Shearwater

KrisEnergy has announced the beginning of a 1,200 sq. km 3D seismic survey in the offshore Cambodia Block A concession, where the company is developing the Apsara oil field.

Shearwater Geoservices was awarded the turnkey broadband seismic contract and has deployed the vessel SW Vespucci.

KrisEnergy said on Tuesday that around 200 sq. km of the 3D program will be acquired over the Apsara development area to improve imaging of geological faults and sand bodies to aid in the finalization of the design of well trajectories ahead of development drilling for first oil.

The company added that approximately 1,000 sq. km will be acquired over a large prospective area in the southwest portion of the concession area, which has been sparsely explored by old 2D seismic lines, to improve data quality over the prospective trend in the western section of Cambodia Block A.

Cambodia Block A is located in the Khmer Basin in Cambodian waters in the Gulf of Thailand. A typical oil or gas field in the Gulf of Thailand has multiple fault blocks with hydrocarbons trapped in multiple reservoirs.

KrisEnergy made a final investment decision (FID) to proceed with the first phase of development for the Apsara oil field – the first hydrocarbon development project in Cambodia – back in October 2017.

Located in Cambodia Block A in the Gulf of Thailand, Phase 1A of the Apsara development envisages a single unmanned minimum facility 24-slot wellhead platform producing to a moored production barge capable of processing up to 30,000 barrels of fluid per day with gas, oil and water separation facilities on the vessel.

In November 2018, Keppel clinched a contract for the modification and upgrading of a production barge for SJ Production Barge, a wholly-owned subsidiary of KrisEnergy. When completed in or around 3Q 2019, the production barge will be capable of processing up to 30,000 barrels of fluid per day and equipped with gas, oil and water separation facilities. It will be deployed in the Apsara oil field.

Offshore Energy Today Staff

Source: Shearwater starts seismic survey over KrisEnergy’s Cambodia block | Offshore Energy Today

SeaBird completes second seismic vessel acquisition | Offshore Magazine

SeaBird completes second seismic vessel acquisition

The BOA Galatea is expected to be renamed Fulmar Explorer.
The BOA Galatea is expected to be renamed Fulmar Explorer.
SeaBird Exploration

Offshore staff

LIMASSOL, CyprusSeaBird Exploration Plc has acquired the BOA Galatea from BOA SBL AS.

The vessel is expected to be renamed Fulmar Explorer.

In June, SeaBird acquired the BOA Thalassa from the same company.

Both are designed for source and 2D operations and for electromagnetic seabed logging.

The BOA Thalassa is currently performing EM duty for EMGS until September 2019, with three six-month extension options. This vessel is expected to be renamed Petrel Explorer.

Source: SeaBird completes second seismic vessel acquisition | Offshore Magazine

PGS starts latest Norwegian Sea 3D survey | Offshore Magazine

PGS starts latest Norwegian Sea 3D survey

Applying GeoStreamer technology to the Trøndelag Platform is said to deliver better seismic velocity estimation, improved imaging of Jurassic targets, and information about Permian presalt potential.
Applying GeoStreamer technology to the Trøndelag Platform is said to deliver better seismic velocity estimation, improved imaging of Jurassic targets, and information about Permian presalt potential.
PGS

Offshore staff

OSLO, NorwayPGS has started acquiring a 9,500-sq km (3,668-sq mi) 3D GeoStreamer survey over frontier acreage in the Norwegian Sea within the Trøndelag Platform and Helgeland basin.

The contractor is using a triple source to maximize data density. It expects to deliver final pre-stack depth migration (PSDM) results in July 2020, adding that the dataset could be used as a baseline survey for future 4D studies.

Applying GeoStreamer technology to the Trøndelag Platform should assist seismic velocity estimation and imaging of the Jurassic targets, PGS said, also providing new information on the presalt potential in the Permian.

Integrated Wavefield imaging of the GeoStreamer data should allow detailed prospect evaluation and exploration for new plays.

06/19/2019

Source: PGS starts latest Norwegian Sea 3D survey | Offshore Magazine