TGS Announces Q3 2022 Results
Total revenue amounted to USD 135 million in Q3 2022 versus USD 200 million in Q3 2021. The late sales portion of revenues was USD 65 million, representing a substantial increase compared to the USD 31 million reported for Q3 2021. EBITDA was USD 97 million, and the operating result …
Schlumberger WesternGeco: Wins Patent Case Against ION Geophysical covering Streamer Technologies
The U.S. Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP patents covering streamer steering technology for marine seismic surveys, and that WesternGeco is the rightful owner of the pioneering technology. In 2009, WesternGeco filed suit for patent …
How can we explore the Russian Arctic Shelf?
David Bamford – david@windwardexploration.com Western oil & gas technical journals as well as ordinary newspapers wax lyrical over the hydrocarbon resources of the Arctic, typically referring to it as the next global frontier. Huge resource estimates are bandied about – the USGS has suggested as much as 400 billion barrels …