Thursday, January 9, 2025

Seismic Surveys of U.S. Arctic Refuge Coastal Plain Delayed

From Reuters There will be no seismic exploration this winter on the coastal plain of the Arctic National Wildlife Refuge, the Interior Department said on Friday, after the company seeking permission to conduct the tests ran out of time to get the required permit. “We can confirm that seismic surveys will not take place until December 2019,” said Alex Hinson,

After Billion-Barrel Bonanza, BP Goes Global with Seismic Tech

From Reuters Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil. The software used in the Gulf, based on an algorithm created by Xukai Shen, a geophysicist straight out of Stanford University, led to BP discovering the

Trump Said to Advance Seismic Surveys for Oil in Atlantic

From Bloomberg The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and gas under Atlantic waters, despite protests that the geological tests involve loud air gun blasts that will harm whales, dolphins and other animals. The National Marine Fisheries Service is set to issue “incidental harassment authorizations” allowing seismic surveys proposed by five

Opening All Pemex Gulf Seismic Data is Boon for Oil Service, Seismic Firms

From Reuters Oil service and mapping firms still emerging from an industry recession have received a boost from about $800 million of data sales to energy firms considering bidding for Mexican oil and gas blocks. Mexico will on Wednesday hold its most important auction since a 2013 reform ended the 75-year monopoly on the energy sector held by state-run oil

New Seismic Law in Monroeville, Pa. Limits Tests

On September 12, 2017, the Monroeville City Council unanimously passed an ordinance regulating seismic testing. The seismic ordinance establishes regulations for companies that are interested in doing seismic tests as part of field development procedures. Key highlights from the ordinance include: Companies must obtain a one year permit and provide details about the company’s proposed testing area, traffic control plans,

Thirteen States Release Joint Report on Seismic Activity

StatesFirst Report Covers Effects from Disposal Wells, NOT Hydraulic Fracturing StatesFirst, a joint initiative led by the Interstate Oil and Gas Compact Commission (IOGCC) and the Ground Water Protection Council (GWPC), has released guidance and findings related to reports of induced seismicity in oil and gas drilling regions. A total of 13 states partnered in the project, including Oklahoma, where

Yuma Energy: From 3-D Seismic to Onshore Development

Exploration drilling success rate of 78% on its 3-D projects Yuma Energy (ticker: YUMA) is one of the companies leading the technological approach on the exploration front of the oil and gas industry. Since its predecessor was founded in 1983, the company has amassed more than 75,000 net leasehold acres in three different states and has partnered with some of

Oil and Gas Prices - Oil & Gas 360

Scotland’s Frac Rules: Tiptoe Through the Tulips

If you happen to be an oil and gas operator ready to frac your well in Scotland, you could get an official notice from the UK Department of Energy and Climate Change that would make you scratch your head. Seismic restrictions were initiated after two small tremors were felt near Blackpool, Lancashire, after fracturing operations at a shale gas drilling

Acorn Energy Update: U.S. Seismic Backed by Positive Reviews, New Director

Acorn Energy Inc. (ticker: ACFN) is a multi-faceted holding company with four portfolio companies focused on underwater security solutions, power generation and delivery, and fiber optic sensing solutions. US Seismic Systems, Inc. (USSI) is focused on increasing oil and gas production while decreasing costs through the use of its fiber optic equipment. Off the Starting Blocks Fiber optics is a

Dawson Geophysical Implements Quarterly Dividend; Optimistic on 2014 Operations

Dawson Geophysical Company (ticker: DWSN) is a leading provider of U.S. onshore seismic data acquisition services in the lower 48 states of the United States. Founded in 1952, Dawson acquires and processes 2-D, 3-D and multi-component seismic data solely for its clients, ranging from major oil and gas companies to independent oil and gas operators, as well as providers of