Petroleum geology

Texas Pacific Land Corporation Sets Dates for Second Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Tuesday, July 20, 2021
Energy, Other Construction & Property, Construction & Property, Other Energy, Utilities, Texas Pacific Land Corporation, Oil and gas law, Petroleum geology, Economy of the United States, Petroleum, Companies

Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release second quarter 2021 financial results after the market closes on Thursday, August 5, 2021. A conference call will be held on Friday, August 6, 2021 at 8:30 a.m. Eastern Time.

Key Points: 
  • The playback can be accessed through August 20, 2021.
  • Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin.
  • The Company is not an oil and gas producer, but its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of our land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and treated produced water, revenue from our oil and gas royalty interests, and revenues related to saltwater disposal on our land.
  • The Company also generates revenue from pipeline, power line and utility easements, commercial leases, and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities.

No Evidence that Seismic Surveys Impact Fishes: IAGC Commends Australian Institute of Marine Science & Partners on Publication of Large-Scale Field Experiment of the Effects of Seismic Surveys on Fishes

Retrieved on: 
Tuesday, July 20, 2021
Petroleum geology, Reflection seismology, Articles, Academic disciplines, Hydrocarbon exploration, Wind farm, Economic geology

A total of 135 species were detected during BRUVS surveys, 35 of which are commercially important.

Key Points: 
  • A total of 135 species were detected during BRUVS surveys, 35 of which are commercially important.
  • Seismic surveys are a critical first step to energy development, used in applications ranging from oil and gas exploration to wind farm site selection.
  • However, there are conflicting views regarding the potential impacts of surveys on fishes and whether commercial catches may be affected.
  • This ground-breaking research is essential to IAGCs mission to promote fact- and risk-based environmental protections during scientific surveys.

Altiplano Commences Underground Drill Program at Farellon

Retrieved on: 
Tuesday, July 13, 2021
Petroleum engineering, Petroleum geology, Drilling rig, Drilling, Oil well, Rig, Science and technology, Inventions, Industrial processes

Edmonton, Alberta--(Newsfile Corp. - July 13, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) ("Altiplano" or the "Company") is pleased to announce it has commenced a significant underground drill program at its Farellon Copper-Gold (Cu-Au) mine located near La Serena, Chile.

Key Points: 
  • Edmonton, Alberta--(Newsfile Corp. - July 13, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) ("Altiplano" or the "Company") is pleased to announce it has commenced a significant underground drill program at its Farellon Copper-Gold (Cu-Au) mine located near La Serena, Chile.
  • The Company's recently purchased diamond drill rig (See News release dated April 4, 2012) has arrived on site in preparation of a 6,000 m underground drilling campaign at Farellon.
  • This program is designed to assist with grade control within the mineralized zones and provide guidance for further underground advancement of the Hugo Decline.
  • The drilling stations will be established underground at three positions inside the historical Laura vein system decline located approximately 250 m south of Farellon (Figure 1).

Gran Tierra Energy Inc. Announces Restoration of Production and Revised Guidance

Retrieved on: 
Monday, July 12, 2021
Petroleum geology, Gran Tierra Energy, Forward-looking statement, Hydrocarbon exploration, Well logging, Articles, Earth sciences, Fuels

About Gran Tierra Energy Inc.

Key Points: 
  • About Gran Tierra Energy Inc.
    Gran Tierra Energy Inc. together with its subsidiaries is an independent international energy company currently focused on oil and natural gas exploration and production in Colombia and Ecuador.
  • The use of the words believe, expect, anticipate, intend, estimate, project forecast, guidance, target, goal, plan, budget objective, could, should, and other terms identify forward-looking statements.
  • The forward-looking statements contained in this press release are based on certain assumptions made by Gran Tierra based on management's experience and other factors believed to be appropriate.
  • Well log interpretations indicating oil and gas accumulations are not necessarily indicative of future production or ultimate recovery.

Whitehorse Gold Receives 5-Year Exploration Permit and Commences 18,000-metre Drill Program at Skukum Gold Project, Yukon, Canada

Retrieved on: 
Monday, July 12, 2021
Drilling rig, Petroleum engineering, Petroleum geology, Petroleum

Drill program is 100% focused on resource expansion and exploration at Skukum Creek, Goddell and Mt.

Key Points: 
  • Drill program is 100% focused on resource expansion and exploration at Skukum Creek, Goddell and Mt.
  • Skukum gold deposits
    The Class 3 Permit process, from initiation to approval, took the Company approximately 5 months, significantly faster than the Yukon's average of 8.5 months.
  • Aim of 2021 Exploration Program:
    Two drill rigs have been mobilized to site and drilling is currently underway.
  • Skukum from 1986 to 1988 saw 233,400 tons of ore mined and processed to recover approximately 79,750 ounces of gold.

Is Namibia Emerging As The Most Exciting Oil Story Of The Year

Retrieved on: 
Friday, July 9, 2021
American brands, Rockefeller family, Petroleum geology, Liquids, Marketing, Petroleum, XOM, Exxon, Price of oil, Physical sciences

Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.

Key Points: 
  • Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.
  • The company says the aim of this play isn't unconventional, either, so the environmental impact questions are far less pressing.
  • Other companies looking to capitalize on rising oil prices:
    Exxon (NYSE:XOM)is a large multinational corporation headquartered in Irving, Texas.
  • While Exxon is one of the world's top oil producers, it isn't ignoring the reality of the market.

Is Namibia Emerging As The Most Exciting Oil Story Of The Year

Retrieved on: 
Friday, July 9, 2021
American brands, Rockefeller family, Petroleum geology, Liquids, Marketing, Petroleum, XOM, Exxon, Price of oil, Physical sciences

Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.

Key Points: 
  • Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.
  • The company says the aim of this play isn't unconventional, either, so the environmental impact questions are far less pressing.
  • Other companies looking to capitalize on rising oil prices:
    Exxon (NYSE:XOM)is a large multinational corporation headquartered in Irving, Texas.
  • While Exxon is one of the world's top oil producers, it isn't ignoring the reality of the market.

Valaris Announces Jackup Contract Award

Retrieved on: 
Wednesday, July 7, 2021
Maritime, Transport, Oil, Gas, Manufacturing, Energy, Other Manufacturing, Offshore engineering, Petroleum production, Drillship, Offshore drilling, Petroleum geology, Science and technology, Articles, Semi-submersible, Valaris, Oil well, Offshore, Technology

Valaris Limited (NYSE: VAL) announced today that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup.

Key Points: 
  • Valaris Limited (NYSE: VAL) announced today that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup.
  • The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-140 is now expected to be under contract through the end of 2021.
  • Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

Trillion Energy Starts the SASB Gas Development Project

Retrieved on: 
Tuesday, July 6, 2021
Petroleum geology, Oil well, Petroleum reservoir, Inventions, Science and technology, Economies, Shale gas by country

Preparation work for the drilling of the first two SASB development gas wells will commence immediately.

Key Points: 
  • Preparation work for the drilling of the first two SASB development gas wells will commence immediately.
  • The Saturn Project will target the two discovered unproduced gas pools Alapli and Bayhanli, both of which were drilled, mapped, and drill stem tested +7 MMcf/d gas from similar 15 metres of perforated gas reservoirs.
  • Both discover wells had an additional 4 to 5 gas reservoirs that were not tested adding further gas potential.
  • Trillion Energy is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria.

NCS SubSea awarded 4D P-Cable UHR deep-water monitor survey in US Gulf of Mexico

Retrieved on: 
Thursday, July 1, 2021
Earth sciences, Seismology, Geology, Subsea, Underwater work, 4D, Earthquake, Nature, Petroleum geology

HOUSTON, July 1, 2021 /PRNewswire/ --NCS SubSea has been awarded a 4D P-Cable Ultrahigh Resolution (UHR) monitor survey in the deep-water US Gulf of Mexico.

Key Points: 
  • HOUSTON, July 1, 2021 /PRNewswire/ --NCS SubSea has been awarded a 4D P-Cable Ultrahigh Resolution (UHR) monitor survey in the deep-water US Gulf of Mexico.
  • NCS SubSea has been awarded a 4D P-Cable Ultrahigh Resolution (UHR) monitor survey in the deep-water US Gulf of Mexico.
  • The survey involves acquiring seismic data using the company's differentiated P-Cable XR system, which sets the industry standard for repeatable UHR 3D and 4D marine seismic acquisition.
  • "We are delighted to be awarded the latest 4D monitor project for this multi-year reservoir monitoring campaign, " said CEO Larry Scott.