http://www.oilit.com/ Monthly headlines from Oil IT Journal. en-us The Data Room 2004 TDR VB Autocoder rss@oilit.com 120 http://www.oilit.com/2journal/2article/0312_1.htm Landmark has won two major national data bank contracts in Indonesia and Nigeria. Landmark's PetroBank master data store will make up the core of both solutions. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_2.htm CGG unit Sercel is to acquire Thales Underwater Systems seismic equipment business. CGG has also taken a controlling stake in Hebei Junfeng. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_3.htm Back from the Society of Exploration Geophysicists convention, Oil IT Journal editor Neil McNaughton reviews some of the keynote talks, along with a new study from Cambridge Energy Research Associates. Despite calls for new business models and better ROIs, competition is keeping everyone on their toes-and ensuring relatively low returns for the service sector and many independents. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_4.htm Input-Output president and CEO Bob Peebler talked to Oil IT Journal about his plans for the company. Peebler believes that full wave (4 component) recording and processing is the biggest innovation since 3D recording. I/O is also working on making sea bed recording an economic proposition and is working on a new business model-with more equitable sharing of the spoils. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_5.htm After a false start in 1999, IHS Energy has completed its acquisition of International Petrodata Ltd. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_6.htm Marathon has installed a 12 CPU SGI Altix 3000 supercomputer for simulation and modeling. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_7.htm The Colorado School of Mines open source seismic package claims over 3000 installs worldwide. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_8.htm GeoLogics new data package offers key well data from 40,000 Canadian oil and gas plays. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_9.htm Tough times continue for the geophysicists. But Veritas CEO thinks spending may be picking up. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_10.htm TGS is embedding visualization freeware from Noesis into high-end tool for Total. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_11.htm The mood at this years SEG convention was downbeat (again!). Oil companies are still not spending on geophysics. Salvation may come from new technology. 4D (time lapse) seismics continues to get good press while 4C (multi-component) has yet to prove its merits. Despite this there was a plethora of developments in 4C hardware from companies such as Thales (since bought by CGG), Input-Output and ABB. The general impression is that if you are going to equip your e-fields with permanent sensors, they might as well be 4C. By the time you have recorded a significant amount of data someone will have figured out what to do with it all! Computer-aided seismic data mining, automated 3D voxbody tracking and facies classification are all the object of much current research. RandD spend by oils continues to decline. While the service sector takes up some of the slack, payback time comes in the technical sessions with more and more infomercials passed off as science. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_12.htm Moves and tidbits from Paradigm, EDS, I/O, CERA, CGG, Wood Mackenzie, Encom and Int. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_13.htm A2D has teamed with Knowledge Systems and Loren and Associates to offer value-added datasets. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_14.htm BP is applying hi-tech systems to monitor and control offshore fields and facilities. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_15.htm OpenSpirit has announced a new development in its commercial relationship with Schlumberger. The middleware is to embed SIS new Ocean Framework and will be transparent to end users. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_16.htm Chevron Texaco just cant get enough of SpotFires DecisionSite as Mark Ruths revealed in a webcast this month. The statistical analysis and visualization package is used across the board-from fracture analysis, through steam flood and reserve computation-anywhere data is analyzed. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_17.htm E-business specialist Digital Oilfield has helped 1400 oil country suppliers set up their e-businesses. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_18.htm Bucking the all-ESRI trend, Shells US Oil Products group has chosen MapInfos AnySite. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_19.htm Safe Softwares spatial extract, transform and load tools are embedded in IHS Energys web tools. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_20.htm New technology enables modeling of giant oilfields with millions of cells and thousands of wells. . Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_21.htm Device firmware can now be updated over the Fieldbus smart instrumentation framework. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_22.htm Engineering software house SimSci-Esscor now offers ASP-based software through the Petris Portal. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_23.htm IHS Energys North Sea Quick Start program-COTS business plans and risk assessment. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_24.htm Agreement sets to bolster security of Portal transactions. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_25.htm Wood Mackenzie is now delivering its information products through a web portal. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_26.htm Landmark has deployed a Linux-based hosting system for Unocals Indonesia deepwater group. Wed, 31 Dec 2003 24:00:00 GMT http://www.oilit.com/2journal/2article/0312_27.htm Petrobras has contracted the management of its enterprise server to Suns Managed Services unit. Wed, 31 Dec 2003 24:00:00 GMT