CGG Commits to Carbon Neutrality by 2050Paris, France | Jan 27, 2021
Aligned with the company’s longstanding commitment to act responsibly and minimize the impact of its activities on the environment, in every sector of its business, CGG has announced its pledge to become carbon neutral by 2050 in scopes 1 & 2 of the Greenhouse Gas (GHG) Protocol.
CGG Announces the Closing of GeoSoftware Business Sale for a Total Cash Consideration of US$95 million
CGG S.A. (“CGG”) is pleased to announce today the completion of the previously announced sale of CGG’s GeoSoftware business to Topicus and Vela
Characterization of a carbonate geothermal reservoir using rock physics-guided deep neural networks
Deep neural networks are used to characterize the porosity and permeability of the Dogger formation north-east of Paris, France, that already hosts a number of geothermal plants and is set to become even more important with the transition toward renewable energies. Due to the limited availability of well data, the networks are trained on synthetic well data generated through a combination of theoretical rock physics models and statistical simulations. The networks are applied to 5 seismic lines from the 1980s and the output reservoir properties highlight several highly porous and permeable layers.