Business news for the week of 17 June 2009 News section front
Past news briefs
Seismic crew survey reports CGGVeritas contributes to first Uruguay offshore licensing round
10 June 2009—CGGVeritas announced that the response to Uruguay’s first offshore licensing round, supported by the company in cooperation with ANCAP, the national oil company of Uruguay, was a success. Since the announcement of the first offshore licensing round on 1 December 2008, six major oil companies have applied and qualified for the 2009 contract bidding process due to run from 14 June to 1 July 2009. The blocks on offer in this first round lie in the Punta del Este and Pelotas basins, in water depths ranging from 50 to 1500 m, as well as in the Oriental del Plata basin, located further offshore. CGGVeritas, in cooperation with ANCAP, supported this licensing round by making available a multiclient data package, comprising 7000 km of regional and 2800 km of semidetailed long-offset 2D data, acquired respectively in 2007 and 2008. While the 2007 survey provides regional coverage of the entire Uruguayan offshore sector, the 2008 infill survey provides more detailed coverage over the Punta del Este Basin, adding to a previous 1830-km regional survey of the basin acquired by the company in 2002. Prestack and poststack data, angle stacks, as well as gravity and magnetic data were part of the package made available for licensing. Paradigm celebrates Rock and Fluid Canvas 2009 Epos 4.0
14 June 2009—Paradigm has previewed Paradigm Rock and Fluid Canvas 2009 Epos 4.0. This suite will provide an E&P solution continuum that allows geoscientists to work under conditions of increasing operational and technical complexity. Rock and Fluid Canvas 2009 Epos 4.0 will also support the Paradigm Higher Order Workflow, a process that Paradigm claims will enable users to reduce risk and increase productivity by accessing their data in an integrated, multidisciplinary software environment. | | |
