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/0409_1.htm SimSci has objected to the FTCs proposed settlement of AspenTechs 2002 acquisition of Hyprotech. The software vendors tools are key components of Schlumbergers i-Fields solution. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_2.htm IHS Energy has acquired Dan Yergins Cambridge Energy Research Associates-and now has a hot line to the top tier of oil and gas management. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_3.htm Oil IT Journal Editor Neil McNaughton reflects on current acquisition and merger activity and the role played by the regulator. A new report from the Federal Trade Commission (FTC) gives insight into how company mergers are regulated with the aim of keeping prices down. But the service and software sector gets attention from the FTC as well-and here the ground rules arent quite so clear. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_4.htm Oil IT Journal caught up with Roxars Software Division boss Mark Bashforth and CTO Andreas Hatloy at the EAGE last June. They explained how Roxar is moving from product to problem-fixing. Roxars IRAP/RMS has carved itself a niche as a best of breed reservoir modeling solution with a 50% market share. The company is building on this with a new push for openness and integration. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_5.htm Trobec Geology Group is kicking off a project to build a core image database of tight gas reservoirs. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_6.htm An SGI high end visualization system with 1/2 Terabyte of memory will simulate Saudi reservoirs. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_7.htm The system emulates a well file folder system, providing a front end to LogTechs 4 million curves. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_8.htm INTs J/GeoToolkit was used to develop Sercels graphic seismic QC and visualization software. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_9.htm Drilling engineering software compliments Scandpowers Olga 2000 pipeline and well bore simulator. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_10.htm Petrosys eponymous mapping solution now offers affordable 3D visualization. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_11.htm The Minerals Management Service offers public online access as part of an e-government initiative. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_12.htm KerrMcGee is to deploy Exprodats ArcIMS-based GIS browsing front end as a global standard. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_13.htm About 40 attended the EU Open Spirit (OS) user meeting held after the annual meeting of the EAGE in Paris. Open Spirit Corp. (OSC) appears to be gaining traction for its EandP middleware. The list of third party application vendors using the OS framework is getting longer with Seismic Micro Technology now offering an OS data sever. Schlumberger Information Solutions (an OS shareholder) gives strong support for OS and promises integration within existing and new product lines. Landmarks presence was significant although its evaluation of OS is still work in progress. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_14.htm This virtual report concatenates presentations from POSC special interest groups (SIG) held earlier this year in Houston and Stavanger. POSC focus has shifted in the last couple of years from container to content, in the form of catalogs and data value lists such as the Global Universal Well ID initiative. WITSML continues to receive a lot of attention. The Integrated Operations, or e-field SIG is raising interesting questions like should the production enhancement crossover technologies embrace standards from the upstream (like WITSML) or from the process industry (OPC)? Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_15.htm This months movers hail from Kelman, Geotrace, ER Mapper and Hampson-Russell Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_16.htm Hans Teijgeler (InfoWeb) writes on emerging ISO XML-based IT standards for facility engineering. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_17.htm The new Well Design and Execution Collaboration Center leverages Landmarks RTOC technology. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_18.htm Schlumberger is to be Shells technology partner of choice for its Smart Fields initiative. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_19.htm WellDynamics has equipped the deepwater well with downhole valves to control water injection. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_20.htm PGS rejected CGGs $900 million bid before it was announced. Confidential discussions continue. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_21.htm EandP co Questar is a new client while tools from Wellogix now enhance the e-business solution. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_22.htm Berry, a Tobin Land user, has now deployed the full suite of P2 Energy Solutions ERP software. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_23.htm Marathon is to leverage web services to connect SAP with Wellogix Complex Services Management. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_24.htm Petris now claims 80 hosted applications. ARIs solution targets coalbed methane simulation. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_25.htm Private equity fund Inverness Capital Partners is putting $5 million in the pipeline software specialist. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_26.htm Landmarks first Rapid Prospect Engine is a hardware/software bundle that runs out of the box. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_27.htm $43 billion worth of transactions have used Oildex Connect. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_28.htm Has ExxonMobil discovered the holy grail of geophysical prospecting; direct mapping of oil reserves? Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_29.htm Infield Systems Offpext models the big picture-the worldwide offshore oil and gas industry. Thu, 30 Sep 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0409_30.htm ConocoPhillips uses ISAs Geobrowse to interface with document management systems and ERP. Thu, 30 Sep 2004 24:00:00 GMT