NOVOSIBIRSK, May 10. /TASS/. Researchers from the Institute of the Novosibirsk-based Institute of Oil and Gas Geology and Geophysics together with the Krasnoyarsk subsidiary of Russian oil giant, ...

Drilling for oil is an expensive gamble: With project costs rising every year, an oil company can stand to lose an incredible amount of money exploring or developing a property that fails to yield ...

Within the context of record high exploration costs and the increasing difficulty in finding large hydrocarbon deposits, exploration companies face even more pressure to reduce risk to deliver results ...

Most E&P companies have turned to seismic surveys to map rock structure in an attempt to select the optimum position for a drill site, especially in offshore exploration. Even with the use of 3D data, ...

Woodside Energy last week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from ...

The survey initiates a complex geophysical program to gather high-resolution data on the geological structure beneath the ...