Business News for the week of 13 May 2013

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Seismic crew survey reports

Spatial Energy and Geoimage sign partnership to offer expanded geospatial

13 May 2013—Spatial Energy has signed a partnership with Geoimage, headquartered in Brisbane, Australia. Spatial Energy hosts and disseminates spatial imagery and derived content to the oil and gas industry through its online system, Spatial on Demand, while Geoimage is a provider of satellite imagery and processing services to the mining, oil and gas, and engineering sectors in Australia. Through this partnership, Geoimage augments its existing capabilities by providing Australian customers with the hosting and dissemination technologies that Spatial Energy brings, offering local expertise and services to global customers operating in the Australian region.

 

Attendance second highest in show history at OTC

13 May 2013—Experts from the offshore energy industry around the world came together 6­–9 May for the 2013 Offshore Technology Conference at Reliant Park in Houston, USA. Attendance at the conference reached a 30-year high of 104,800, the second highest in show history and up 17% from last year.

Attendance surpassed the 2012 total of 89,400 and the sold-out exhibition was the largest in show history at 652,185 ft², up from 641,350 ft² in 2012. The event had 2728 companies representing 40 countries, including 244 new exhibitors in 2013. International companies made up 39% of exhibitors.

This year's event featured nine panel sessions, 29 executive keynote presentations at luncheons and breakfasts, and 298 technical papers. Speakers from major IOCs, NOCs, and independent operators presented their views on the current challenges and future directions of the industry.

 

ION announces new 2D multiclient program offshore Suriname

14 May 2013—ION Geophysical Corporation has completed acquisition of approximately 5200 km of new 2D seismic data offshore Suriname, the first of a regional data set known as GuyanaSPANTM. A portion of the data acquired covers four deep-water blocks on offer as part of the 2013 Suriname licensing round. The regional, long-offset data will be imaged by ION's GX Technology group using their latest WiBand broadband processing technology. PSTM and PSDM deliverables will be available prior to the close of the licensing round in July.

 

Schlumberger delivers enterprise knowledge management for IT professionals

15 May 2013—Schlumberger released Studio Manager, which delivers information management capabilities for the studio E&P knowledge environment. Studio Manager allows information management professionals to proactively track asset team progress and resolve data issues working interactively with users of the Petrel E&P software platform.

The Studio environment allows E&P experts to find relevant data, collaborate with peers, and capture and share best practices in the context of their current Petrel workflow. Indexing technology provides access to both structured and unstructured data in Studio repositories, as well as third-party applications and data sources.

Several oil and gas companies participated in beta testing Studio Manager as a part of the standard commercialization process. Key capabilities tested included managing data quality and database integrity, while at the same time seeing how asset team members used and shared technical information. Further feedback focused on the interface, which supports the ability to simultaneously notify relevant users of data updates.

 

Geovariances releases Isatis 2013

18 May 2013—Geovariances announced the release of Isatis 2013, the new version of its geostatistics software. Isatis 2013 includes a new feature specially designed for time-lapse seismic data processing called MAAFK (multiple acquisition automatic factorial kriging). The new version facilitates software usage by offering integrated workflows guiding the user directly to the expected results. MAAFK is an automatic, full process for extracting the common features or the differences between two seismic vintages or for removing the noise and artifacts affecting their acquisition.