Latest Petroleum reservoir Stories
Initial Results Indicate 99 feet of Gross Oil Column in Bretaña Norte Exploration Well in Peru; Moqueta-8 Tests 1,600 BOPD in Colombia CALGARY, Feb. 11, 2013 /PRNewswire/ - Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE) (TSX: GTE), a company focused on oil exploration and production in South America, today provided updates for its exploration drilling in Peru and appraisal drilling in Colombia. "Initial drilling results from the Bretaña Norte 95-2-1XD...
SR2020 3DProVSP reservoir monitoring images the physical and chemical effects of EOR-CO2 injection on the reservoir--tracking the spread of CO2 inside and potentially outside the reservoir, as well as the redistribution of oil and gas over time. SR2020's high resolution methods and data accuracy can help accelerate and increase recovery, provide insight into well and injectant placement, and reduce the cost of infrastructure and improve financial performance. Bakersfield, California...
HOUSTON, Jan. 24, 2013 /PRNewswire/ -- ESG Solutions, an industry leader in microseismic technology and services, is pleased to announce the successful installation of a permanent microseismic acquisition system near Bakersfield, California. The system, consisting of multiple, time-synchronized downhole geophone arrays and surface acquisition units, will be used to monitor hydraulic fracturing and waterflood operations in a diatomite formation. (Logo:...
Moqueta-7 flows 1,146 BOPD from four oil flow tests; Loma Montosa flows 840 BOPD from first horizontal fracture stimulated well CALGARY, Jan. 7, 2013 /PRNewswire/ - Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today provided updates for its exploration and operation activities in Colombia, Argentina, Peru and Brazil. "Gran Tierra Energy has confirmed additional resource potential...
HOUSTON, Nov. 5, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and CGGVeritas (NYSE: CGV, Euronext) announced today a collaborative relationship to improve shale reservoir exploration. Using reservoir models that integrate log-derived, near-wellbore geomechanical and petrophysical properties from Baker Hughes with calibrated seismic data from CGGVeritas, operators can optimize well placement and completion design earlier in the asset lifecycle for more efficient well...
DALLAS, Sept. 11, 2012 /PRNewswire/ -- Wallace International, LLC, a Dallas-based petroleum-services consulting firm, has expanded its already successful unconventional reservoir petrophysical evaluation program to include flow unit and geo-mechanical brittleness assessments. This enhanced evaluation suite is now available worldwide and can be applied to reservoirs with significant complexities. Wallace International's services are designed to help Operators reduce costly...
DENVER, Aug. 27, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR): The Board of Directors is pleased to announce that Grid Petroleum has received from the Premont Joint Venture Operator, Progas Services Inc, a geological summary derived from the core analysis of the Garcia #3 percussion core samples taken the week of August 22 through August 24, 2012 by Geologist Patrick Robinson. "The Progas 'Garcia' #3 well in the Premont Northwest field was drilled to a depth of 3780' and...
Brett Smith for RedOrbit.com Artificial fissures in the earth’s crust caused by hydraulic fracturing, or fracking, typically extend less than 600 meters, according to a new Durham University study. These findings could be very important for government officials looking to regulate the fracking industry, which has come under scrutiny for allegedly contaminating drinking water and causing seismic events. "Shale gas exploration is increasing across the world and sediments of different...
PASADENA, California, April 23, 2012 /PRNewswire/ -- ViaLogy PLC (LSE/AIM: VIY) announces the award of a new commercial contract with global supermajor Chevron. ViaLogy will deploy its patented QuantumRD processing to analyze 3D-seismic data in support of Chevron's exploration and appraisal efforts in the US Delaware Basin. The basin is a multi-zone play that holds potential for shale, sandstone, and carbonate reservoirs in the same geographical region, exercising...
HONG KONG, April 20, 2012 /PRNewswire-Asia/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883) today announced that the Company has made another successful discovery Dongfang (DF)13-2 in high-temperature and high-pressure natural gas reservoir in Yinggehai following the successful appraisal of the middle formation of DF 13-1 gas field in 2010. (Logo: http://www.prnasia.com/sa/200701301659.jpg ) The new discovery DF13-2 is located in the north of central sag in Yinggehai Basin...
