Earthquakes rattle southern Mexico twice in 3 days | Software company to help Aker Solutions study offshore data | Aker Energy aims to develop oil block off Ghana
February 19, 2018
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Earthquakes rattle southern Mexico twice in 3 days
A magnitude 5.9 earthquake shook southern Mexico near Oaxaca early today after a larger quake damaged about 1,000 houses Friday in the same region. Friday's quake caused buildings to sway in Mexico City, which is about 483 kilometers north of Oaxaca.
USA Today (2/19) 
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Geophysical Technology News
Software company to help Aker Solutions study offshore data
Aker Solutions will work with Cognite, a software company, to analyze data from offshore installations and come up with potential ways to improve performance. Cognite collects and studies data from sensors, maintenance logs and computer-aided design models, among other systems.
Offshore online (2/16) 
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Industry Update
Aker Energy aims to develop oil block off Ghana
Aker Energy says it's reached an agreement with Hess that would give it a 50% stake in the Tano Cape Three Points block off the coast of Ghana. If Ghana approves the $100 million deal for the ultra-deepwater block, which contains an estimated 550 million barrels of oil equivalent, Aker Energy says it would present a development plan this year and begin production in 2021.
Reuters (2/19) 
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Volcano erupts on Indonesian island
The Mount Sinabung volcano on the Indonesian island of Sumatra erupted early today, sending ash and debris into the sky. The National Disaster Mitigation Agency, which said ash clouds went about 5 kilometers to the south, reported no deaths or injuries.
CBS News/The Associated Press (2/19),  Evening Standard (London) (2/19) 
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Earthquake startles parts of Wales
A magnitude 4.4 earthquake shook parts of Wales on Saturday. The quake, which was centered about 19 kilometers northeast of Swansea, was the biggest in the UK since 2008, the British Geological Survey said.
The Telegraph (London) (tiered subscription model) (2/17) 
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Continental predicts at least 15% increase in oil, gas production
Continental Resources, whose oil and natural gas production averaged 242,637 barrels of oil equivalent per day in 2017, expects to increase production by 15% to 20% in 2019 as it continues to focus on shale basins in Oklahoma and North Dakota. The company says it will average six rigs in North Dakota's Bakken Shale and 15 rigs in Oklahoma this year.
United Press International (2/16) 
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EIA reports increase in US gas proved reserves in 2016
US proved natural gas reserves climbed 5% to 341.1 trillion cubic feet in 2016, while proved reserves of oil and condensate were unchanged from 2015 at 35.2 billion barrels, according to the Energy Information Administration. Pennsylvania posted the largest net increase in gas proved reserves in 2016, adding 6.1 trillion cubic feet.
Oil & Gas Journal (2/16) 
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US oil rig count continues gains
US drillers deployed seven oil rigs to oilfields across the country last week, bringing the oil rig count to 798, according to Baker Hughes. However, the gains were offset by a seven-rig drop in the number of natural gas rigs.
Houston Chronicle (tiered subscription model) (2/16) 
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Institutes and Academia
Sounds from lava lakes in volcanoes may help predict eruptions, study says
Changes in low-frequency sounds coming from lava lakes inside active volcanoes may help scientists predict eruptions, a study says. Researchers analyzed the infrasound at the Villarrica volcano in southern Chile, finding that changes in the sound corresponded with the surging of the lake near the rim of the crater before a 2015 eruption.
ScienceDaily (2/16) 
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SEG News
Everyone loves a sale! Enjoy half off selected titles through Feb. 28
With 50% off selected titles, you can shop to your heart's content at the SEG Store. On sale are a few of our most-loved books: "Seismic Data Analysis" by Ozdogan Yilmaz, "Seismic Amplitude Interpretation" by Fred John Hilterman and "First Steps in Seismic Interpretation" by Donald Alan Herron. Shop now.
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Register today for CPS/SEG IGCE 2018 in Beijing
The Chinese Petroleum Society and SEG will host the Beijing 2018 International Geophysical Conference and Exposition on April 24-27. Technical topics include seismic data acquisition, near-surface geophysics and statics correction, seismic data processing, velocity model building, migration imaging, seismic interpretation, seismic attribute analysis, full waveform inversion and more. Register today.
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