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/0405_1.htm Schlumberger Information Solutions has acquired production optimization specialists Decision Team. Decision Teams Decide! product applies artificial intelligence to oilfield data mining. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_2.htm Weatherford-No 4 in the service sector-has bought into the software business by acquiring asset modeling specialists Edinburgh Petroleum Services. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_3.htm Oil IT Journal Editor Neil McNaughton reports from the 8th PNEC Data Integration Conference. A quick glance at the program might lead one to think that little has changed since the PNEC started in 1996. But things are changing as the supermajors put serious money into big data cleanup projects. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_4.htm Oil IT Journal was invited to attend the launch of recall V 5.0 including a new port to Windows-more of which in next months edition. But while at the Recall user group meeting we caught up with Baker Atlas director Bill Befeld who explained Bakers strategy in the field of software engineering. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_5.htm Antoine Rostand is to head up Schlumberger Information Systems new Business Consulting unit. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_6.htm The Minerals Management Service is going live with its online permitting and reporting system. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_7.htm Statoil signs five-year upstream software deals with Paradigm and Landmark Graphics. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_8.htm INTs web-based log viewer is now a component of Petris ASP-based data management offering. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_9.htm The latest edition of Blue Marbles geographic transform library offers raster image integration. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_10.htm Data clean-up tools from Innerlogix stole the show at the PNEC data integration conference. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_11.htm MetaCarta has re-branded its oil industry-specific text/GIS search engine. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_12.htm Data from A2Ds SilverWire commercial log delivery service is now available through OpenSpirit. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_13.htm A new release of Petcoms PowerLog now includes depth registered raster log capability. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_14.htm Consultancies including Wood Mackenzie Robertsons and IHS Energy believe we may be seeing a move to durably higher oil prices. Industry has failed to replace consumption for 20 years and once-profitable basins like the North Sea are now value destroyers. The deep offshore remains a viable target. Paradigm and CGG were noteworthy by their absence from this years AAPG but many smaller houses were showing new software. Earth Decision Sciences is turning GoCad into a fully-featured interpretation and modeling environment and SMT is likewise expanding its Windows-based Kingdom Suite into a seismic to simulation solution. Landmark made heavy weather of selling its consultancy and outsourcing services while Schlumbergers cluster-based visualization lacked pizzazz. North American universities continue to develop laser mapping of outcrop geology while new well-site focused tools capture awkward geo-data types like cores and cuttings. Some companies are working on new graphics software based on Direct-X rather than the ubiquitous OpenGL. Interesting research from the Kansas Geological Survey shows use of Semantic Web-based taxonomies of geological terms to stitch together geological maps from different areas. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_15.htm News from LSI CDA CMG Fugro Geotrace KSI GMI MetaCarta Quorum Roxar Baker and DGI. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_16.htm Underwhelming service sector results contrast oils financial health mirroring a long-term trend. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_17.htm Petroleum Place Energy Solutions now claims to be number 2 in oil and gas financial software. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_18.htm Trade Ranger is rebranding its e-commerce portal adding business intelligence functionality. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_19.htm New software adds a geographical component to financial reporting. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_20.htm PPDMs spatial database specification takes shape-along with a scaled-down data model. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_21.htm Production engineers are increasingly deploying WellDynamics intelligent completions. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_22.htm Kappa has solved the data historian problem by applying wavelet filters to production data. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_23.htm Altix proves popular for seismics and reservoir engineering with sales in the US France and the UK. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_24.htm The Houston Exploration Company is using eLynx Enterprise on its Arkoma basin properties. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_25.htm .NET-based technology from AspenTech and Schlumberger offers subsurface-to-facility optimization. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_26.htm 3D laser scan technology aids as built facility modeling. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_27.htm BP is leveraging its DrillView software and high bandwidth fiber to move workers onshore. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_28.htm Bob Peeblers plans for full wave digital seismic services reach fruition with I/Os latest acquisition. Mon, 31 May 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0405_29.htm SAP is now live in ONGC-serving 5200 users while Statoil reports JV accounting success. Mon, 31 May 2004 24:00:00 GMT