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 agrees to merger with Blackhawk Specialty Tools for $321 million in cash and stock.
Karoon Gas Australia is the latest company to be granted an exploration permit for Australia’s Bight Basin.