Business News for the week of 1 January 2013

News section front
Past news briefs
Seismic crew survey reports

Shell and EMGS sign global frame agreement

21 December 2012—Electromagnetic Geoservices ASA signed a three-year global frame agreement with Shell International Exploration & Production B.V. for the provision of 3D electromagnetic services.

 

GS signs letter of intent for 3D vessel

2 January 2013—TGS has signed a letter of intent with Fugro-Geoteam AS to charter an eight-streamer vessel, for 3D multiclient projects in Europe during the 2013 summer season.  The charter will begin in April and last for approximately five months.

 

Mechdyne installing the first CAVE in Wyoming

3 January 2013—Mechdyne Corporation will begin installation of a four-sided CAVE in the Energy Innovation Center (EIC) at the University of Wyoming campus at Laramie next month.

The university will have Wyoming's only CAVE—a room-sized advanced visualization solution that combines high-resolution, stereoscopic projection, and 3D computer graphics to create a complete sense of presence in a virtual environment.

The CAVE, which was designed, engineered, and integrated by Mechdyne, will be housed in the 3D Visualization Research Lab at the EIC, which is a newly constructed LEED building connected to one of the largest supercomputers in the world, at the National Center for Atmospheric Research (NCAR) Wyoming Supercomputing Center located in Cheyenne.

The contract to design, engineer, integrate, and install the CAVE solution was awarded to Mechdyne in October 2012; installation will begin in January 2013, with completion scheduled in March.

 

TGS commences 3D multiclient onshore survey in central Alberta, Canada

7 January 2013—TGS, through its wholly owned subsidiary Arcis Seismic Solutions, has commenced acquisition of a 3D multiclient onshore survey, Ille Lake, covering 180 km2 (70 mi2) in the deep basin of central Alberta, Canada.

The Ille Lake survey is optimized and designed to evaluate multiple zones from the Cardium and the Upper and Lower Mannville (glauconite, ostracod, and basal quartz oil), through to the newly emerging Duvernay unconventional play.

The seismic data will be processed by Arcis and final data will be available to the industry in early 2013.