Business news for the week of 21 September 2009

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Seismic crew survey reports

TGS executes agreement for deepwater Liberia shoot
16 September 2009—TGS-NOPEC Geophysical Company announced that it has signed an agreement with the National Oil Company of Liberia to acquire 15,000 km of long-offset regional 2D seismic, gravity, and magnetic data over the ultra-deep waters located offshore Liberia. This new multiclient survey is expected to commence in the fourth quarter of 2009, given sufficient industry interest. Offshore Liberia has attracted significant industry attention due to recently announced discoveries in the Gulf of Guinea.

The Liberia Ultra-Deep Program will extend existing TGS multiclient out to 4000 m of water. NOCAL is expected to announce a licensing round following the acquisition and processing of the data.

Spatial data cataloging added to Geosoft exploration software
16 September 2009—A new Geosoft Desktop Cataloger utility was released that catalogs spatial data on a personal computer and provides the ability to spatially search and find this data through the use of keywords.

Desktop Cataloger builds a “My Data” catalog of spatial files that can be accessed using the DAP find data or dapple find data option within Geosoft desktop applications and Geosoft extension software for ArcGIS. The catalog can include up to 5000 data sets. Explorers can select folders on their computers or external drives to be cataloged. They can also specify what data types Desktop Cataloger should catalog from a preset list of spatial data set file types. The list of supported data types includes ECW, ERS, GDB, Geosoft VOXEL, Geosoft GRD, ArcGIS LYR, ArcGIS SHP, MapInfo TAB and GeoTIF Images. Any Geosoft XML metadata created for the data sets can be found within a search, opened and reviewed.

Desktop Cataloger is available as a no cost add-on to Geosoft exploration software. Installation requires an active Geosoft Desktop product license (Oasis montaj version 7.1 or higher, Target version 7.1 or higher, Target for ArcGIS 3.1 or Geochemistry for ArcGIS 1.0).

KMS Technologies and Mannvit Engineering client has successfully drilled a well in Szentlörinc, Hungary
17 September 2009—KMS Technologies and Mannvit Engineering announce that their client has successfully drilled a well in Szentlörinc, Hungary using their exploration technology. Hot water of 80°C, estimated to have a peak heating capacity of 4 MW, was found at depths of 1,620 to 1,790 m. This successfully concludes the exploration phase of a project started early last year where Mannvit Engineering and KMS Technologies were contracted by PannErgy Plc to deliver a turn-key solution for geothermal exploration.
This discovery was possible by utilizing different geophysical and geological information to determine the well location. The drilling was targeted by integrating electromagnetic and gravity methods with seismic and stratigraphic information. Presently, the team is working on their next project in Greece.

CGGVeritas Oman crew set safety milestone and production record
18 September 2009—CGGVeritas announced that Ardiseis, its regional joint venture with TAQA in Oman and the wider Middle East region, achieved a double milestone with its Oman land acquisition crew who completed five years without a lost time incident (LTI) during a month in which they also broke the record for most vibrating points (VPs) in a single day. On August 18th a world-record figure of 17,011 VPs was achieved, contributing to an unmatched weekly average of 15,500 VPs per day.
Ardiseis worked in close partnership with Petroleum Development Oman to meet the productivity and quality expectations. 

These unique quality and performance successes are being complemented by similar excellence in HSE. The Oman crew has now delivered nearly 6 million man-hours (based on 12-hour days) without an LTI, and is currently operating with 25,000 channels and moving over 32,000 receivers per day.  The crew is also the first to implement the production and quality-enhancing updates provided by the Sercel 428XL recording system and VE464 vibrator electronics.

First installation of a fiber optic acoustic sensor for reservoir monitoring
22 September 2009—
Fotech Solutions has installed the world’s first dedicated downhole distributed acoustic optical fiber system using the company’s new Helios monitoring solution. This distributed acoustic monitoring system was installed in a coal-bed methane well in Scotland for Composite Energy Ltd of Stirling, UK.

The Helios system can be deployed in a range of applications including reservoir surveillance, production monitoring, integrity assurance, flowline movement, flow assurance and leak detection. The system comprises two elements–—a simple low cost telecoms grade optical fiber cable; and the Helios interrogator, which provides acoustic or vibration information along the entire length of the installed optical fiber to provide multiple-event information, event characterization, and highly accurate event location. An acoustic signal is recorded for each meter along the fiber. The system can detect and position an event to an accuracy of 1 m and can distinguish separate events more than 2 m apart. It also has remote control capability. The fiber can be laid near a pipeline or installed in a borehole.