Sercel Introduces a new-generation DSU1 25 May 2011—Sercel has launched a new generation of DSU1 digital sensors. Since its market launch, the DSU1 has offered the dual advantage of a high-fidelity response in a broad range of seismic frequencies and efficient deployment on supercrews, allowing improved temporal and spatial resolution of final seismic images. The improved design of the DSU1 includes a shorter casing and a sharper spike, and can be planted directly in the ground without predrilling leading to improved productivity and coupling. As with the other members of the Sercel station unit family, including the FDU, DSU3 and DSUGPS, the new DSU1 is compatible with the Sercel 428 XL acquisition system.
Sercel SeaPro Nav successfully deployed on seismic vessels 26 May 2011—Sercel has deployed SeaPro Nav, a new integrated navigation system for all in-water equipment. SeaPro Nav is currently being used as the master integrated navigation system on board two CGGVeritas 3D vessels, including the Elnusa Finder operated by the Elnusa CGGVeritas joint venture. It is also being used in production on two 2D vessels operated by GuangZhou Marine Geological Survey (GMGS). The SeaPro Nav integrated navigation system can be deployed for the full range of towed-streamer acquisition surveys from 2D through to wide-azimuth. Its multivessel architecture ensures easy operation and fast adoption of new seismic acquisition techniques.
SMT reports geoscientists predict higher oil prices in 2012 26 May 2011—Geoscience professionals anticipate an increase in oil prices in 2012, according to survey data announced today by SMT. Results of the company's annual geoscientist view of the future survey indicate that respondents anticipate the price of crude will close in on US $150 per barrel in 2012, and may even move higher by 2016. Three-quarters of respondents saw prices above $100 going into next year. At the same time last year, less than a third of respondents saw prices going above $100 in a year. Perhaps reflecting this bullish perspective on oil prices, 56% of respondents indicated their organization was increasing exploration for unconventional oil. The Eagle Ford shale was the top resource identified for unconventional shale oil exploration, followed by the Marcellus and the Niobrara shales. This migration toward unconventional oil may also be explained by the survey result indicating that 80% of responding organizations require a price above $5/MMBtu to be economic in the US, while spot prices today hover closer to $4/MMBtu. In fact, one third of organizations said prices need to be higher than $7/MMBtu.
Status of the geoscience workforce 2011 report is now available 1 June 2011—The American Geological Institute (AGI) has just released the "Status of the Geoscience Workforce 2011" report for digital, print, and e-book purchase. The 2011 report has been updated and substantially expanded from the 2009 edition, and integrates all available data sources, including original data collected by AGI, as well as data from federal, community, and industry sources, into a comprehensive report that focuses on both the human and economic parameters of the geosciences. The new edition covers trends in K-12 education, community college programs, four-year institutions, employment sectors, and economic metrics of the geosciences. |