Business news for the week of 18 April 2011

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Seismic crew survey reports

CGGVeritas opens Oman Processing & Imaging Center

5 April 2011—CGGVeritas inaugurated a new open Processing & Imaging center in Muscat, Oman at a ceremony attended by clients and a delegation from the Omani Ministry of Oil & Gas. The new center complements the company's activity in the country and offers clients access to processing and imaging technology and services.

Tailored to address the geologic challenges of the region, services are focused on the CGGVeritas 3D land seismic portfolio, including ultrahigh-resolution wide-azimuth technologies.

The center also operates as a CGGVeritas University training center, developing and delivering training initiatives with the Sultan Qaboos University, the Omani Ministry of Oil & Gas, and international training organizations. In this way CGGVeritas will step up its participation in the development of highly qualified Omani professionals, a key national program.

 

TGS signs second letter of intent for 3D vessel

5 April 2011—TGS has signed a letter of intent with Dolphin Geophysical AS to charter the M/V Polar Duke for 3D multiclient projects in Europe during the 2011 summer season. The charter will begin in May 2011 and will last for a minimum of three months. The agreement also provides an option for TGS to extend the charter in two increments (2 + 6 months) under fixed commercial terms.

 

Major international oil company joins EMGS JIP

7 April 2011—Electromagnetic Geoservices ASA (EMGS) announced that a major international oil company has joined EMGS and Shell in a joint industry project (JIP) to plan and design the next-generation 3D EM system.
  
The ongoing feasibility study includes laboratory tests, design solutions, specifications, and a project plan for the development of the next generation of source, receivers and positioning system.

 

4D imaging of fracturing in organic-rich shales during heating

13 April 2011—Physics of Geological Processes (PGP) is a Norwegian Center of Excellence with the mission to obtain a fundamental and quantitative understanding of the complex patterns and processes of the Earth. PGP has a major initiative to understand the deformation of and transport in tight rocks. This has applications to hydrocarbon source rocks, gas and oil extraction from shales and CO2 sequestration.

PGP has chosen Avizo as its main 3D analysis and visualization software. Avizo offers a broad spectrum of 3D image analysis tools, intuitive and sophisticated algorithms for segmentation, as well as many options for 3D visualization.

Recovery of oil from oil shales and the natural primary migration of hydrocarbons are closely related processes that have received renewed interests in recent years because of the ever-tightening supply of conventional hydrocarbons. However, better understanding how hydrocarbons escape the source rocks (primary migration) is needed.

This study shows how insight into hydrocarbon migration in source rocks can be obtained by using sequential high-resolution synchrotron X-ray tomography. An immature shale sample from Green River Basin was heated in situ up to 400°C as 3D images were recorded. Tomography resolution was 5 micrometer, which is sufficient to resolve the rock structure down to the grain level. During the heating phase, the organic matter was decomposed, and gas was released. Generated hydrocarbons caused internal pressure build up and led to fracturing of the rock. Time resolution was 15 minutes per 3D scan, which enabled monitoring the crack development.

The main technical difficulty was numerical extraction of microcracks that have apertures in the 5–30 micrometer range (within the size range of individual grains) from a large 3D volume of X-ray data.

 

TGS Acquires Stingray Geophysical

11 April 2011—TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for permanent reservoir monitoring (PRM) solutions. The acquisition will substantially increase TGS' addressable market through access to production seismic spending from large international oil companies as well as national oil companies (NOCs), while maintaining its asset-light model.

Stingray was founded in March 2006 and is in Guildford, United Kingdom.

 

MT introduces next generation KINGDOM field development at AAPG

12 April 2011—Seismic Micro-Technology (SMT) announced the preview availability of KINGDOM 8.7. Scheduled for market release this summer, KINGDOM 8.7 introduces new functionality to help optimize field development planning and operations. Major capabilities in this release include real-time geosteering optimization, advanced microseismic interpretation, and well path planning. With KINGDOM 8.7, geoscientists, engineers, and managers can work together in the same software.

Optimizing development in unconventional reservoirs can be difficult due to thin stratigraphic sections and the unpredictability of laterally changing geology between well locations. KINGDOM'S enhanced microseismic interpretation capabilities and visualization enables teams to understand fracture growth and allows optimization through near real-time learning for subsequent fracture treatments.

 

dGB Earth Sciences launches full version of its new OpendTect 4.2

11 April 2011—dGB Earth Sciences announced the launch of the full version of its new OpendTect 4.2 software. The new version can be downloaded at www.opendtect.org and follows the launch of a beta version earlier this year.

In addition, dGB has teamed up with Japanese company, Wacom, a manufacturer of interactive pen displays, and digital interface solutions, to enable seismic interpreters to use the new software in an interactive and graphics-focused environment where they can interact directly with the tablet.

OpendTect 4.2 comes with new HorizonCube and Well Correlation plugins, as well as new interpretation, editing and visualization features. Benefits include:

  • A significant increase in the number and density of mapped horizons through the HorizonCube plugin, resulting in low frequency model buildingwith a greater number of horizons and more accurate inversion results, geologically sound rock-property predictions, a realistic geologic history and well correlations, and more geological information from seismic than ever before.
  • A well correlation tool with a new stratigraphic framework and interactive viewer from which users can correlate and update well markers and horizons.
  • The latest in visualization, editing and data integration features. Through Wacom's interactive pen display technology, seismic interpreters can interact directly with the tablet to draw faults, horizons, bodies and interpretive features.

The HorizonCube plugin is an advance on OpendTect's current SSIS (Sequence Stratigraphic Interpretation System) plugin and consists of a dense set of correlated 3D stratigraphic surfaces. A second-generation 3D chronostratigraphy auto-tracker algorithm tracks the dip/azimuth field to generate horizons. All tracked events are assigned a relative geological age, with a corresponding colour, with the interactive slider used to add or remove chronostratigraphic events. The Well Correlationplugin includes a new stratigraphic framework and interactive viewer from which users can correlate and update well markers and horizons.

Other new features in OpendTect 4.2 include new cross plotting features, including cross-plot colour coding and the ability to create Probability Density Functions (PDFs) in the cross plot domain to create rock property probability volumes; an enhanced 2D Viewer with added tree, horizon and fault tracking capabilities; new directional lighting capabilities to highlight geological objects; and the ability to post OpendTect 4.2 data in Google Earth.

 

KMS announces delivery of KMS-820 magnetotelluric land acquisition system to India and China

13 April 2011—KMS Technologies releases its new-generation Array Acquisition System, KMS-820. The new system highlights features such as GPS-synchronized 6 channels, 24-bit A/D resolution, and up to 100 KHz sampling rate. The wireless control capability allows a remote control interaction of up to 8 km, or unlimited distance in relay mode, between the data acquisition unit and the monitoring computer. With this new acquisition system, clients can acquire subsurface resistivity for electromagnetics (EM) and microseismic. While initially used for magnetotellurics (MT) and CSEM, it can also be used in general-purpose acquisition with the target market being a long term reservoir monitoring (mircroseismic and EM). 

The company has delivered several systems to China and India, including complete magnetotelluric (MT) systems. The company expects a significant demand in sale because of the competitive features of this new system, such as low power consumption, high-quality data acquisition, and flexible data processing scheme. The system cost is significantly lower than the nearest competitor because it utilizes advanced electronic and manufacturing designs.

The system is designed to work with various electromagmetic and seismic sensors. The high-performance sensors are mostly provided by LEMI, a joint venture of KMS Technologies and Lviv Center of Institute of Space Research, in Ukraine. They cover ultra low-frequency sensors for deep crustal studies, exploration frequencies to high frequencies used in engineering applications (up to 100 kHz).

 

Petris welcomes Chris Ring as the new VP of development

18 April 2011—Petris Technology appoints of Chris Ring as vice president of development. In this role, Ring will lead the development and quality assurance teams.

Ring comes to Petris after holding various technical positions with Landmark/Halliburton. Most recently, she served as director, PMO providing oversight, metrics and governance of Landmark's portfolio of projects, as well as development manager and group program manager in the information management & infrastructure technical business line which included management of development, documentation, and project management staff for OpenWorks, PetroBank Master Data Store, Corporate Data Store, PowerExplorer, PowerHub, Advance Data Transfer, Reference Data Manager and WOW.  Prior to holding these two positions, Ring held a series of positions with increasing responsibilities.

 

Expro appoints new chief operating officer

19 April 2011—Expro appoints Michael Jardon as its new chief operating officer. He replaces Chris Mawtus, who has assumed the new role of service quality director for Expro.

Jardon joins Expro from his current position as North America president of Vallourec & Mannesmann USA, a business offering tubular solutions to the oil and gas industry. This follows a 16-year career with Schlumberger. His appointment takes effect from 1 May.

 

INOVA Geophysical and BGP execute successful high productivity vibroseis project in Oman

19 April 2011—INOVA Geophysical Equipment Limited and the Bureau of Geophysical Prospecting (BGP) announced the completion of a high-productivity vibroseis 3D seismic survey test for Petroleum Development Oman (PDO), an exploration and production company that accounts for more than 70% of the country's crude-oil production. BGP leveraged INOVA's portfolio of technologies, which included their ARIES II recording system, Vib Pro source controllers, and AHV-IV Vibroseis vehicles. The purpose of the field test was to acquire data to validate the capabilities of INOVA recording technology in acquiring slip-sweep, distance separated simultaneous sweep (DS3), distance separated simultaneous slip-sweep (DS4) and independent simultaneous sweep (ISS) data.



The European Mediterranean Seismological Centre publishes real time quake data on Twitter

19 April 2011—The European Mediterranean Seismological Centre (EMSC) is a rapid earthquake information resource that many turn to in order to find out the cause of earthquake-associated ground motion. A new service not only identifies where and when shaking has been felt, but now also publishes the information in real time on Twitter (@LastQuake).
 
A surge in online activity at the EMSC website creates massive and instantaneous increases in traffic, which the organization then analyzes to help identify the area where the earthquake was felt. To identify the origin of this traffic, the EMSC uses geolocation technology, which uncovers the geographical location of eyewitness activity based solely on users' Internet Protocol (IP) addresses. This allows the EMSC to identify the origin of quake activity before the first reports from seismological monitoring networks are issued.
 
With the new Twitter service, a tweet is published, on average, within 90 seconds following the earthquake occurrence. When the cause of the earthquake is reported several minutes later by the seismological networks, a second tweet is published that identifies the location, origination time, and magnitude of the earthquake.
 
In addition to the service's unique ability to rapidly identify felt quake activity, another key benefit is the ability to identify activity that causes public concern. Leveraged alongside classical tools for earthquake monitoring, the EMSC's real-time service shortens the length of time it has traditionally taken to disseminate information to the public.

 

Emerson appoints Asia Pacific head for Roxar Software Solutions Division and vice president for business development

           
20 April 2011—Emerson Process Management has made two senior announcements within its Roxar Software Solutions (RSS) division—Morten Tønnesen is to become vice president, business development and Khong Kheng Ting is to become regional manager, Asia Pacific, replacing Morten in his previous role.

The announcements will see Morten return to Norway from Asia where he will play a key role in increasing the customer base for Roxar Software Solutions worldwide, focusing on new emerging markets, and building up the structures and capabilities to enable Emerson to provide an ever broader and integrated range of reservoir management solutions. In his new role as regional manager, Asia Pacific, based in Kuala Lumpur, Khong will be tasked with building on the recent growth in software sales in the region which saw a 50% increase in 2010 and continuing to strengthen relationships with key Asia Pacific customers.

 

Geokinetics Announces US $370 Million in new project awards

20 April 2011—Geokinetics, Inc. announced that since 1 January 2011 it has been awarded several new projects that, in aggregate, total approximately US $370 million in revenue for work in Latin America, Australia, Canada, the Far East, and the United States.