Business News for the week of 22 November 2012

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Seismic crew survey reports

The American Geosciences Institute's new Harriet Evelyn Wallace Scholarship for women

30 October 2012—The American Geosciences Institute (AGI) is accepting applications for the new Harriet Evelyn Wallace Scholarship for the 2013–2014 academic year. The scholarship will be awarded to a thesis-based, full-time female student pursuing either a master's or a doctoral degree in the geosciences, who must be a U.S. citizen or permanent resident. The Harriet Evelyn Wallace Scholarship is merit-based, and applicants will be evaluated on the probability of successfully completing their geoscience graduate program and transitioning into the geoscience workforce following graduation.

The Harriet Evelyn Wallace Scholar will receive US $5000 for her first scholarship year, and will be eligible for a second year scholarship of $5000 upon successful completion of her first year. For more information about the scholarship and how to apply, please visit our website at: www.agiweb.org/scholarships/wallace/.

 

Wireless Seismic adds four-channel capability to product line

30 October 2012 —Wireless Seismic announced the addition of a 4-channel wireless remote unit (4C WRU) to its RT System 2 real-time wireless seismic data acquisition system.
 
The 4C WRU operates without cables and with ultralow power consumption, in the same manner as Wireless Seismic's one-channel WRU.  Anextension to the company's proprietary 2.4 GHz radio technology has been developed that will operate at internode distances of a kilometer or more.  With this added capability, a large areal array of instruments will be able to deliver the continuous flow of passive seismic data to a central recording system in real time.

 

Weatherford opens multimillion-dollar facility in Singapore

8 November 2012—Weatherford International opened a new multimillion-dollar facility in Singapore, which will provide a strategic base for the company's operations within the Asia Pacific region.

The base will incorporate manufacture and technology, assembly and test, repair and maintenance, and warehouse facilities as well as administrative office space. The new four-storey development also has additional capacity, enabling an increase of staffing levels by 30% to 400 as the company continues to meet increasing demand for services across the region.

 

Ubiterra Corporation launches its new UbiSeis cloud service

6 November  2012—Ubiterra Corporation announced the launch of its new UbiSeis cloud service.

UbiSeis is a cloud-based application for storage, retrieval, transfer, viewing, sharing, and collaboration with seismic data.  The cloud-based internet service eliminates the traditional problems inherent with the large files and huge volumes of data that make up the seismic assets of a company while managing the flow of seismic data between oil companies, service providers and partners.

UbiSeis utilizes state-of-the-art security and policy features designed to meet the needs of the security-conscious oil industry. These security features include secure login and full encryption of the seismic data. UbiSeis runs in Microsoft's Windows Azure cloud infrastructure, which is a global constellation of mega-datacenters.

In addition, Ubiterra and Spatial Energy have entered into a long-term strategic global partnership to develop, market and distribute this new offering to the global oil and gas industry.

UbiSeis is being offered as a software as service subscription with one-, two- or three-year service agreements, based on the number of seats and the amount of data stored and downloaded.

 

CGGVeritas has conducted first BroadSeis surveys offshore China

7 November  2012—CGGVeritas has successfully conducted the first 3D BroadSeis marine surveys to be recorded offshore China. The deep-water surveys of two areas offshore Shenzhen in the east of the South China Sea were awarded to CGGVeritas by Chinese seismic services company, COSL (China Oilfield Services Limited), on behalf of its parent company, the Chinese national oil company, CNOOC. Data processing is already underway in the CGGVeritas Singapore center and is expected to be delivered by the end of 2012.

The BroadSeis surveys were contracted to CGGVeritas under a framework agreement for technical collaboration between CGGVeritas and COSL with respect to BroadSeis, the CGGVeritas proprietary marine broadband solution. CNOOC specifically identified BroadSeis for the project in order to overcome the challenge of complex imaging of both shallow and deep targets in the area. 

The Viking II vessel, operating with 8 x 8,100-m Sercel Sentinel streamers equipped with Sercel Nautilus streamer control devices, acquired the approximately 1000  km2 full-fold data over the two survey areas which included the heavily congested HuiZhou production area. The surveys were acquired a full ten days ahead of schedule by minimizing the impact of seasonal weather patterns through highly accurate typhoon prediction and managing uptime through efficient operations. 

 

CGGVeritas Launches BroadSource for a ghost-free BroadSeis broadband marine solution

7 November 2012—CGGVeritas announced the commercial launch of BroadSource, its broadband marine seismic source.

BroadSource combines a synchronized multilevel source with processing algorithms that fit seamlessly into the BroadSeis workflow to fill the source ghost notch. This approach generates the same low frequencies as a deep-towed conventional source and extends the spectrum to higher frequencies, providing better resolution and clearer images of the subsurface.

BroadSource has already seen precommercial deployment with good results for a BroadSeis survey conducted this summer for Lundin Petroleum in the Norwegian sector of the North Sea. The new broadband source will be gradually deployed on the BroadSeis fleet on demand.

 

SpiceRack: CGGVeritas and Saudi Aramco enter intomajor R&D collaboration to develop new solution for seabed seismic acquisition

6 November 2012—Five months after CGGVeritas and Saudi Aramco signed a memorandum of understanding (MOU) for collaborative research and the development of geophysical acquisition, processing, analysis, and interpretation technologies, the two companies have entered into a collaboration to conduct a major joint R&D project, known as SpiceRack.

Under the terms of the SpiceRack project, CGGVeritas and Saudi Aramco will work in close partnership to develop, manufacture, and commercialize a robotized solution for seabed seismic acquisition. Based on the deployment of self-propelled recording nodes, this solution is expected to lead to a step-change in the efficient delivery of reservoir quality seismic data.

Both companies will draw on their seismic acquisition experience and allocate resources to the SpiceRack project. CGGVeritas will strengthen ties with the King Fahd University of Petroleum and Minerals, Dhahran, Saudi Arabia and will establish a Center of Excellence for Automation in Geophysical Acquisition within the new technology center to be jointly opened in the Dhahran Techno Valley with ARGAS, its Saudi joint venture with TAQA. 

 

Dolphin Geophysical AS signs agreement with Anadarko South Africa (Pty) Ltd

6 November 2012 —Dolphin Geophysical AS has signed an agreement with Anadarko South Africa (Pty) Ltd, a wholly owned subsidiary of Anadarko Petroleum Corporation, for the acquisition of 6250-km, 2D survey offshore South Africa, where Anadarko is partnered with PetroSA. The survey will be acquired by Artemis Atlantic commencing in December 2012.

 

GeoTeric 2012.2: Geological expression in HDHigh definition frequency decomposition

12 November 2012—ffA has announced the release of GeoTeric 2012.2 incorporating its new high definition frequency decomposition (HDFD) geological expression workflow.

HDFD is an advance in volumetric RGB blending and frequency decomposition, which uses advanced colour visualisation to simultaneously examine the seismic response within different frequency bands. This helps the interpreter to identify geological features that are associated with the subtlest changes in seismic response. HDFD has been developed to enhance the understanding of reservoir complexity and to give much clearer isolation of geological features in their true depositional layers.