2005.10.31
World Oil:
Solution for seismic source registration. Statoil overcomes the seismic source deviation problem for 4D.
"By towing additional airguns, the baseline source position can be repeated, using those portions of the wider source array that best overlay the initial 3D survey's source position."
Oil & Gas Journal:
Fugro gains in seismic market.
"Fugro currently deploys six seismic vessels, and
the Polar King agreement is part of a plan to
expand to an operation of eight ships, some owned
and some chartered, by mid 2006."
Reuters:
Norwegian seismic firm PGS Q3 beats consensus.
"Operating profit at the supplier of seismic
surveys to the oil and gas industry rose to $56.6
million in July-September from a comparable $22.5
million, excluding a sold oil unit, in the same
quarter a year earlier."
Press Release:
TGC Industries Reports Third Quarter Results.
2005.10.26
O&GJ:
Kerr-McGee to continue work off Morocco.
"Kerr-McGee Corp., Oklahoma City, has expressed its
intention to continue geophysical reconnaissance
off southern Morocco despite threats to its
operations from the Polisario Front (PF), a Western
Saharan independence movement."
Another whale beaching. This time it's a big one --
ABC Radio Australia:
Humans may be responsible for mass whale strandings.
"A huge operation is now underway to bury the
carcasses of 130 pilot whales which yesterday
beached themselves on Tasmania's east coast. The
Australian Greens say the Federal Government needs
to investigate whether a nearby navy operation, or
seismic testing by oil companies in Bass Strait,
could have triggered the event.
"But the Navy says it was not in the area at the
time of the strandings, and the Government says
there's no evidence that seismic tests cause
beachings."
Hobart Mercury, Australia:
Whale warship riddle.
"Tests are under way to determine whether two naval
vessels off Tasmania's southeast coast are
responsible for a series of tragic whale strandings
this week."
Hobart Mercury, Australia:
Theories abound but none proven.
"The reasons behind whale and dolphin strandings
have puzzled scientists for centuries."
Houston Chronicle:
Services company bound for Houston.
"Schlumberger will move its U.S. headquarters from
New York City to Houston in an effort to unite its
corporate staff with some of its biggest
operations."
World Oil:
Operators' choices for 4C seafloor acquisition are growing.
"Although there have been OBC systems with a
2,000-m depth rating on the market for years, the
cost and logistics of actually acquiring
multicomponent data at that depth appeared to be a
barrier, which meant that the 2,000-m rating was
never commercially tested -- until now."
2005.10.24
NYT:
Going Where Oil Giants Fear to Tread.
"Mr. Horgan of Petrel Resources said security risks
had substantially increased in Iraq. His company
has been working there since before the war.... The
company encountered its first real problems when it
started doing exploration work in the Western
desert early in 2004, Mr. Horgan said. Petrel
received a letter in calligraphic Arabic that said,
‘Anyone who works with the oppressors will be
decapitated and burnt,’ he said. The letter
ended by apologizing for any inconvenience, he
added."
"Petrel has since stopped sending executives to the
western desert to do seismic or geologic
evaluations, and does not hire employees from
countries in the coalition that invaded in 2003."
2005.10.22
NYT:
Arctic Map Vanishes, and Oil Area Expands.
"Maps matter.... [I]t was natural for Republican Congressional aides, doing due diligence for what may be the last battle in the fight over the Arctic National Wildlife Refuge, to ask for the legally binding 1978 map of the refuge and its coastal plain.
"It was gone. No map, no copies, no digitized version."
Houston Chronicle:
Schlumberger's profit jumps.
2005.10.21
Reuters:
Schlumberger profit jumps, but storms take toll.
"‘The numbers look very good,’ said RBC
Capital Markets analyst Kurt Hallead. ‘It was
a phenomenal quarter for seismic, and I think that just underscores what Schlumberger has been saying all along..’
"WesternGeco, which provides oil and gas reservoir imaging and other services, posted a revenue jump of 45 percent from a year ago to $436 million, boosting operating income by 158 percent to $85 million."
China View:
CNOOC teams up with US firm in oil exploration.
"China's largest offshore oil producer has entered
into a production sharing contract and a
geophysical agreement with the US Texas American
Resources Company (TARC) for oil and gas
exploration in south China."
O&GJ:
Shell starts seismic survey in Libya.
Press Release:
TGS-NOPEC Announces New 2D Seismic Survey in Celtic Sea Offshore Ireland.
2005.10.17
Midland Reporter-Telegram:
Top Pioneer Decker Dawson carries on family's love of oil industry.
"After the war, he joined Republic Exploration in 1946 as a seismic party chief active in Mississippi, Louisiana, Oklahoma and Texas, making his way to Midland in 1950 as a seismic supervisor. He founded Dawson Geophysical two years later and now serves as chairman of the board and chief executive officer."
Business News Americas:
Oxy to buy Vintage for US$3.8bn.
"US-based Occidental Petroleum Corporation has agreed to acquire fellow US company Vintage Petroleum for about US$3.8bn, Oxy and Vintage said in separate statements."
