Exploration Technology News

Abu Dhabi National Oil Company (ADNOC) said that it has launched the second exploration bid round for five new oil and gas blocks.The bidding will be for both conventional and unconventional resources, and the successful bidders will enter into agreements granting them exploration rights, ADNOC said in a statement.The new blocks are three offshore and two onshore.The five new blocks open for are known as Offshore Block 3, Offshore Block 4, Offshore Block 5, Onshore Block 5 and Onshore Block 2, with the latter offering two separate licensing opportunities for conventional and unconventional oil and gas, respectively. In total, the five blocks comprise an area of approximately 34…

Enteq Upstream PLC, a provider of upstream technology and products, launched an integrated Measurement While Drilling (MWD) solution based on proven technologies from Extended Exploration Technology (XXT) and KM Services (KMS), two companies acquired by Enteq in 2012. Enteq’s new development supplies an integrated MWD solution for directional, vibration monitoring, gamma and data transmission. The innovative MWD technology is based on the next generation XXT downhole interface module, drivers and interfaces optimized to work at the highest pressures and temperatures.

Energy services company Senergy added a number of appointments to its senior management team with to consolidate its position for future growth. The company, which provides fully-integrated project and asset development services across the energy industry, anticipates creating up to 80 new positions by the end of May, as a result of increasing demand for its services. Senergy applies its expertise and technology to develop and manage oil and gas fields and alternative energy projects in partnership with its clients.

The conference aims at exploring the forefront of subsea exploration technology, and promoting trade exchanges and cooperation between business partners. All participants will have the opportunity to expand business relations and get a transparent interpretation of  future market trends. The first day will discuss the development trend of oil and gas industry in the South China Sea, as well as offshore platform structure strategy; the second day will introduce subsea production technology, shipyard applications and future trends. In 2011, global offshore engineering equipment orders amounted to 69 billion RMB, an increase of 130% on the previous year.

Join us for the largest gathering of world renowned scientists, archaeologists, oceanographers, engineers and authors, led by ‘Titanic’ Director and Deep Sea Underwater Explorer and Inventor of Autonomous Underwater 3-D Cameras, James Cameron Discover how underwater exploration, technology and marine forensics have changed history, impacted ship building and affected the way shipwrecks and aviation disasters are discovered and handled. There will be a special dinner speech by the Honorable Dr. Donald C. Winter, 74th secretary of the Navy and symposium panel discussions, led by leading scientific experts, including Paul Henri Nargeolet, Rear Admiral Eccles, Norman Polmar, and David Jourdan.

The Nigerian firm Fymak Marine & Oil Services has recently taken delivery of a new crewboat designed and built by Horizon Shipbuilding of Bayou LaBatre, Alabama. The M/V Chinyelugo is 170 ft long with a 31 ft beam and 13.5 ft molded depth. Propulsion on the aluminum vessel is provided by four Cummins KTA-50 M2 engines each delivering 1800 HP at 1800 RPM through Twin Disc MGX 6848 gears with 2.58:1 ratios to Hamilton HM811 water jets. The crewboat has a design speed of 30 knots. The vessel is fitted with a 230 HP Thrustmaster of Texas bow thruster.

returned on Sept. vessel's past and plan for its future. August 2002 within NOAA's Gerry E. Sanctuary (SBNMS) off the coast of Massachusetts. and its immediate surroundings. the wreck site. and maintain the archaeological integrity of the wreck site. superstructure and propulsion apparatus. clues into the exact cause of the steamer's sinking, which remains a mystery. down during a ferocious storm on Nov. 27, 1898. the impact of the disaster on the region. scientist. nation's history. serving as the expedition's floating base of operations. century-old wrecks. said Ivar Babb, NURC director. the initial surveys of the Portland. The Science Channel, a service of Discovery Networks U.S. NURC-UConn for archival and further analysis. January 2004. executive producer, The Science Channel.

Caspian Services’ subsidiary Caspian Services Group Ltd., has signed a contract to provide three vessels to Reservoir Exploration Technology ASA (RXT), a marine geophysical company specializing in multi component seismic sea-floor acquisition. RXT recently signed a letter of intent with Agip KCO to conduct a four component 3D seismic survey over the extensive Kashagan field. Caspian Services will add two additional shallow draft survey/work vessels to its fleet to service this contract. These vessels will be drawn from the Rederij Waterweg BV fleet as part of the ongoing partnership between the two marine companies.

Chevron Corporation reported that it has completed a record setting production test on the Jack #2 well at Walker Ridge Block 758 in the U.S. Gulf of Mexico. The Jack well was completed and tested in 7,000 ft. of water, and more than 20,000 ft. under the sea floor, breaking Chevron's 2004 Tahiti well test record as the deepest successful well test in the Gulf of Mexico. The Jack #2 well was drilled to a total depth of 28,175 ft. The test was conducted during the second quarter of 2006 and was designed to evaluate a portion of the total pay interval. During the test, the well sustained a flow rate of more that 6,000 barrels of crude oil per day with the test representing approximately 40 percent of the total net pay measured in the Jack #2 well.

Big oil has been pressing Congress for years to expand its rights to drill for domestic offshore oil and gas, with little to show for its efforts. But with tensions in the Middle East and gasoline prices in the U.S. rising, its fortune in Capitol Hill may be changing. Both houses of Congress have now passed legislation on new exploration, and though the bills differ, any final version is expected to liberalize offshore drilling for the oil companies. According to the New York Times, there is a sense around the industry that a break may be coming from a quarter-century of federal policy that put a higher priority on environmental concerns than on opportunities to produce energy supplies offshore.

China's annual oil output is expected to surpass 200 million tons in the 2010-2015 period, and the production capacity will last for at least 15 years, a senior official with the Ministry of Land and Resources said according to a report publishedon www.chinaview.cn. According to the official, China's proven oil reserve would increase 800 million to one billion tons a year on average between 2005 and 2020. His estimate is based on the results of a new round of assessment on China's oil and gas resources, which covers 129 basins. The results indicate that China's natural gas output will move up steadily in the coming 15 years to reach 90 billion or 110 billion cubic meters by 2010, and to 150 billion or 170 billion cubic meters by 2020.