Activities assessed in the draft rules include deep-penetration and high-resolution seismic, electromagnetic, magnetic, gravity and remote-sensing surveys as well as geological and geochemical sampling.

One-dimensional models are acceptable for many modeling scenarios.

Satellite detection can be a low-cost alternative for offshore exploration.

Frank's International, Blackhawk, acquisition, merger, service companies, US Silica

Frank’s International agrees to merger with Blackhawk Specialty Tools for $321 million in cash and stock.

Australia, Bight, Caduna, basin, gas, oil, Karoon, BP, permit

Karoon Gas Australia is the latest company to be granted an exploration permit for Australia’s Bight Basin.