CGG GeoSoftware Launches Interactive Well Path Planning Technology
WellPath is a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms.
WellPath is a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms.
Booming hydrocarbon production in the Permian basin over the last few years allowed the United States to become, once again, one of the world’s top exporters.
Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows. Although facies classification methods are rooted in Bayesian inference theory, they continue to evolve.
CGG announced today that it has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam. The contract will run for a period of six years, from 1 January 2017 to 31 December 2022...
On November 16th, following the announcement by CGG of a next step of its Group’s Transformation, S&P downgraded CGG’s corporate rating to CCC+ with a Negative Outlook reflecting the rating agency’s view that the Company could notably face liquidity issue in the first half of 2016, breach its covenants, be unable to repay its 2017-2018 debt installments and be unable to benefit from the cash injection needed to finance its Transformation Plan.
CGG announced today completion of the first phase of its multi-year program to deliver the largest OBN multi-client survey.
CGG announced today completion of the first phase of its multi-year program to deliver the largest OBN multi-client survey.
CGG GeoSoftware, part of CGG’s Geoscience division, has announced that machine learning technology in Python ecosystems will be available in upcoming releases of its flagship HampsonRussell and Jason reservoir characterization solutions.
CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km survey has received strong industry support and been designed in collaboration with major international oil companies.