Wavefield Inseis today announced that it has been awarded a contract for the provision of a source vessel to integrate into a "Life of Field Seismic" project over BP's Clair field west of the
The 4-D acquisition is expected to commence in July and will use the Wavefield Inseis vessel M/V Malene Ostervold. "We are very pleased to be a part of this BP life of field seismic project," commented Rick Donoghue, VP Marketing and Sales for Wavefield Inseis. "We believe strongly in this type of permanent seismic monitoring and have made substantial investments in this market."
Recommended Reading
Petrobras Not in a Race with Guyana to Boost Production, CEO Says
2024-05-14 - While Brazil and Guyana aren’t necessarily competing to see which country can produce more oil, Petrobras’ CEO Jean Paul Prates jokingly said Brazil was winning, while adding that Bolivia’s falling production was an opportunity for Argentina.
E&P Highlights: May 13, 2024
2024-05-13 - Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
New Permian Math: Vital Energy and 42 Horseshoe Wells
2024-05-10 - Vital Energy anticipates making 42 double-long, horseshoe-shaped wells where straight lines would have made 84 wells. The estimated savings: $140 million.
SM Energy Targets Prolific Dean in New Northern Midland Play
2024-05-09 - KeyBanc Capital Markets reports SM Energy’s wells “measure up well to anything being drilled in the Midland Basin by anybody today.”
Vår Selling Norne Assets to DNO
2024-05-08 - In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.