Petroleum geology

Eden Raises $12 Million Seed Round to Scale Next-Generation Geologic Reservoir Permeability Enhancement Technology

Retrieved on: 
Tuesday, October 24, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231024676971/en/
    Eden co-founders Ammar Alali and Paris Smalls (Photo: Business Wire)
    Eden will use the seed funds to scale its Electrical Reservoir Stimulation (“ERS”) technology deployment across geothermal, geologic hydrogen, geologic carbon storage, and sustainable mining applications.
  • Reservoir stimulation has been identified as a key technology innovation area to facilitate the energy transition.
  • “At Eden, we create underground lightning strikes to vaporize rocks and enhance permeability in geologic reservoirs,” said Paris Smalls, CEO of Eden.
  • “The Eden team has the technology, the expertise, and the commitment to scale this technology across geologies.

New Dark & Lovely Blowout Collection Brings You A Next Level "life-proof" Blowout That Won't Frizz Out

Retrieved on: 
Wednesday, August 4, 2021

The New Dark & Lovely Blowout Collection has a solution for that.

Key Points: 
  • The New Dark & Lovely Blowout Collection has a solution for that.
  • Rain or shine, from work to working out, Dark & Lovely Blowout gives you a dynamic blowout that won't frizz out!
  • The Dark & Lovely Blowout System Collection is currently available for a suggested retail price of 7.99 each.
  • As a subsidiary of the L'Oral USA, Dark & Lovely continues to unveil breakthrough hair innovations for women of color.

Canacol Energy Ltd. Aguas Vivas 2 Appraisal Well Encounters 229 Feet of Net Gas Pay, July Gas Sales Average 190 MMSCFPD

Retrieved on: 
Monday, August 2, 2021

Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 190 million standard cubic feet per day (MMscfpd) for July 2021, up from 175 MMscfpd in June 2021.

Key Points: 
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 190 million standard cubic feet per day (MMscfpd) for July 2021, up from 175 MMscfpd in June 2021.
  • The Aguas Vivas 2 appraisal well was spud on June 12, 2021 and reached a total depth of 8,728 feet measured depth on July 27, 2021.
  • The well encountered 229 feet true vertical depth of net gas pay with an average porosity of 24% within the Cienaga de Oro sandstone reservoir, thus confirming a significant gas discovery at Aguas Vivas.
  • Realized contractual gas sales is defined as gas produced and sold plus gas revenues received from nominated take or pay contracts.

EQS-News: TERRAOIL SWISS AG: Terraoil Announces Initial Production Test Results Since Resuming Drilling Operations on Visoka Block

Retrieved on: 
Wednesday, July 28, 2021

The results show a 100% oil production with 0% of water cut and strong pressure support from the reservoir with pressure at 141 bar.

Key Points: 
  • The results show a 100% oil production with 0% of water cut and strong pressure support from the reservoir with pressure at 141 bar.
  • Terraoil has produced approximately 1.3 million Barrels of Oil from the Visoka field since 2012.
  • In the business year 2020, after implementation of a cost cutting program, production from the Visoka field was approximately 103,000 Barrels of Oil.
  • Terraoil is an international E&P company with a focus to identify and rapidly advance undeveloped transformational production potential through state-of-the-art technology with comparably low production cost.

Offshore Decommissioning Market by Service, Depth, Structure, Removal and Region - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 22, 2021

The "Global Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The global offshore decommissioning market is projected to reach USD 8 billion by 2027 from an estimated USD 5.2 billion in 2021, at a CAGR of 7.4% during the forecast period.
  • Offshore decommissioning refers to ending oil & gas operations on offshore platforms and restoring marine life and seafloor to its pre-production conditions.
  • The complete removal segment of offshore decommissioning is estimated to be the largest market during the forecast period.

A.I.S. Resources Continues Fast-tracking of Drilling Program at Toolleen, Yalgogrin and Kingston Australia

Retrieved on: 
Thursday, July 22, 2021

Resources Limited( TSX: AIS, OTCQB: AISSF ) (the Company or AIS)announces after successful financing it will soon start additional drilling at its highly prospective Australian properties at Toolleen, Yalgogrin and Kingston.

Key Points: 
  • Resources Limited( TSX: AIS, OTCQB: AISSF ) (the Company or AIS)announces after successful financing it will soon start additional drilling at its highly prospective Australian properties at Toolleen, Yalgogrin and Kingston.
  • Soil sampling will start in August once the heavy seasonal rains abate, followed by RC drilling to hone in on these structures.
  • Upon receipt of all results, an RC program will be planned to test the Walshs lode with infill drilling and extensions.
  • Details of the RC program will be finalized pending the results of the diamond drilling program.

Imperial Reports Red Chris Production and Exploration Update for 2021 Second Quarter

Retrieved on: 
Thursday, July 22, 2021

During the second quarter there were up to eight drill rigs in operation, completing 26 drill holes for a total of about 30,055 drilled metres.

Key Points: 
  • During the second quarter there were up to eight drill rigs in operation, completing 26 drill holes for a total of about 30,055 drilled metres.
  • Since the commencement of the Joint Venture in 2019, 137 drill holes totalling about 166,686 metres have been drilled.
  • Jim Miller-Tait, P.Geo., Imperial Metals Vice President Exploration, is the designated Qualified Person as defined by National Instrument 43-101 for the Red Chris exploration program and has reviewed this news release.
  • Red Chris samples for the 2021 drilling reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver.

Pulse Seismic Inc. Reports Strong Q2 2021 Results

Retrieved on: 
Wednesday, July 21, 2021

Pulse over the past several quarters had cautioned about unusually high economic, industry and pandemic-related uncertainty, and the most recent quarters excellent financial results demonstrate that uncertainty can also lead to strong performance.

Key Points: 
  • Pulse over the past several quarters had cautioned about unusually high economic, industry and pandemic-related uncertainty, and the most recent quarters excellent financial results demonstrate that uncertainty can also lead to strong performance.
  • Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector.
  • Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic.
  • Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue.

Nothing Can Stop Namibia's Incredible Oil Boom

Retrieved on: 
Wednesday, July 21, 2021

Cathey came out saying that, "Nowhere in the world is there a sedimentary basin this deep that does not produce hydrocarbons."

Key Points: 
  • Cathey came out saying that, "Nowhere in the world is there a sedimentary basin this deep that does not produce hydrocarbons."
  • And later this month, the company says casing will be run and cemented to isolate the prospective hydrocarbon bearing zones.
  • None of the companies involved in this operation would be willing to associate themselves with a fraudulent oil exploration play.
  • This is the big time, and it could end up being our last big onshore oil discoveryever.

Nothing Can Stop Namibia's Incredible Oil Boom

Retrieved on: 
Wednesday, July 21, 2021

LONDON, July 21, 2021 /PRNewswire/ -- No oil discovery narrative appears to have captured investor attention this year as much as Reconnaissance Africa's (RECO, RECAF) acquisition of the rights to Namibia's giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system.   Mentioned in today's commentary includes:  Schlumberger (NYSE: SLB), Baker Hughes (NYSE: BKR), ConocoPhillips (NYSE: COP), Enbridge Inc. (NYSE: ENB) (TSX: ENB), Canadian Natural Resources (NYSE: CNQ) (TSX: CNQ).

Key Points: 
  • Cathey came out saying that, "Nowhere in the world is there a sedimentary basin this deep that does not produce hydrocarbons."
  • And later this month, the company says casing will be run and cemented to isolate the prospective hydrocarbon bearing zones.
  • None of the companies involved in this operation would be willing to associate themselves with a fraudulent oil exploration play.
  • This is the big time, and it could end up being our last big onshore oil discoveryever.