EMGS awarded shallow-water survey in Asia

15 October 2010—Electromagnetic Geoservices ASA has been awarded a shallow water survey in Malaysia worth more than US $2.5 million by a major oil company. These contract revenues will be recognized in late 2010. The 3D EM survey is currently under way using the vessel BOA Galatea.

MicroSeismic licenses Transform's TerraSuite software

18 October 2010—(MSI) has contracted with Transform Software & Services to license key components of its TerraSuite software system for imaging unconventional gas reservoirs. Transform's TerraSuite software will enhance MSI's ability to deliver interpretive microseismic information to its customers working in unconventional oil and gas reservoirs. As a result, these operators will better understand the microseismic implications for their unconventional projects so they can make faster and better completion decisions. There is no additional cost to MSI customers for these enhanced services.

As part of the agreement, MSI's development group will have access to Transform's full technology suite to support experimentation with new microseismic event location techniques and integration with geomechanical and other data types.

Ovation Data Services acquires SpectrumData

18 October 2010—Ovation Data Services has completed its acquisition of SpectrumData of Perth, Australia. Ovation Data Services is a provider of data transcription services and digital asset management and storage systems. SpectrumData provides similar services throughout Asia/Pacific and other regions of the world.

For the immediate future, the company will continue to operate as SpectrumData. A new marketing division will be formed with the task to manage all international projects.

 
dGB Earth Sciences Announces Beta Version of OpendTect 4.2
  
19 October 2010—dGB Earth Sciences announced the Beta version of OpendTect 4.2.  The new version will be available to customers before the end of 2010.

OpendTect 4.2 comes with new HorizonCube and Well Correlation plugins, as well as a host of new interpretation, editing, and visualization features. Benefits to users include a increase in the number and density of mapped horizons through the HorizonCube plugin; resulting in improved quantitative rock property estimation; a well correlation tool with a new stratigraphic framework and interactive viewer from which users can correlate and update well markers and horizons; the ability to carry out low-frequency model building using a greater number of horizons generated from the HorizonCube plugin; significantnew cross plotting features,including cross-plot colour coding and the ability to create Probability Density Functions (PDFs) in the cross plot domain to create rock property probability volumes; and a host of new visualization, editing, and data integration features, including an enhanced 2D viewer; new directional lighting capabilities to highlight geological objects; the ability to post OpendTect 4.2 data in Google Earth; and the integration of OpendTect within Wacom's interactive pen display and PC tablets for greater accuracy and an enhanced workflow.

EMGS contract award extends BOA Galatea's backlog in Asia

19 October 2010—Electromagnetic Geoservices ASA (EMGS) has been awarded a US $1 million contract to undertake a survey for a supermajor. The work will be performed from the 3D EM vessel BOA Galatea. It will be undertaken en route from Malaysia, where the vessel is currently performing a shallow water survey, to Australia, where a joint Fugro-EMGS project is to be conducted for Woodside.

CGGVeritas opens center in Copenhagen

19 October 2010—CGGVeritas has been awarded a three-year contract by Maersk Oil to perform high-end seismic data processing and imaging services at a dedicated center which was inaugurated on 29 September 2010 in the Maersk Copenhagen office in Denmark.

The Dedicated Processing Center (DPC) gives Maersk personnel the flexibility to work in a close collaborative environment with an onsite team of CGGVeritas geophysicists specializing in time, depth, 4D, and OBC processing and imaging. To help solve targeted challenges for their various E&P assets, Maersk Oil will have access to the latest CGGVeritas seismic technologies and be able to provide input to R&D projects.

Fugro completes 3D survey offshore Alaska

20 October 2010—Fugro-Geoteam completed a large 3D survey in the Chukchi Sea offshore Alaska.  The project was conducted for Statoil E&P USA, by the M/V Geo Celtic, during the relatively brief ice-free season, and resulted in the recording of over 2600 km2 in 40 days. 
This level of production combined with minimal loss of time, zero infill, and no environmental incidents, was the result of extensive planning, preparation, and close-cooperation between all parties.  Fugro's personnel and facilities located in Anchorage were also utilized throughout the duration of the project, providing local support, expertise and resources.

CGGVeritas donates Hampson-Russell software to the British University in Egypt

20 October 2010—CGGVeritas has donated its Hampson-Russell software suite to the British University in Egypt (BUE).

This software donation is seen as the first step of a fruitful cooperation between CGGVeritas and the BUE department of Engineering, Petroleum, and Gas Technology in Cairo. CGGVeritas will also provide training to maximize the benefit of a dedicated Hampson-Russell Laboratory established for the benefit of the BUE faculty and students.

Hampson-Russell Software & Services has been donating its geophysical software for research and training purposes since 1987 and over 120 universities and colleges now participate worldwide.

Petris announces commercial release of Full Operations Management Suite

26 October 2010—Petris Technology announced the commercial release of its full Operations Management Suite (OMS) in conjunction with the launch of the Production Manager product. OMS provides a comprehensive and one of its kind, integrated data management platform to manage and optimize the lifecycle of oil and gas assets—from acquisition to drilling to production to divestiture.

With the introduction of Production Manager, OMS offers a common environment for master well data management through an integrated set of five software products.

At the core of OMS is a centralized, relational database known as PetrisWINDS Operations Data Model (PODM). The PODM data model leverages the PPDM framework to support common industry standards for master data management.