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/0411_1.htm Technical to business integration (T2B) is the focus of a new SAP NetWeaver-based infrastructure from Accenture and SAIC. xApp Integrated Exploration and Production targets production operations. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_2.htm The US Minerals Management Services Outer Continental Shelf Connect e-business project is to leverage Schlumbergers new Seabed data model. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_3.htm Oil IT Journal editor Neil McNaughton returns from the Denver SEG wondering why the geophysical business isnt doing better. While many complain that the business model needs fixing, McNaughton wonders if it ever has been really viable. Geophysics, unlike say, the pharmaceutical industry, doesnt know how to turn IPR into profit-and is stuck in a Faustian contract with the oil companies. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_4.htm Oil IT Journal met with Jeff Pferd, CTO of Houston-based Petris Technology. Petris Winds Enterprise infrastructure offers companies web-based browsing of multiple vendor data stores. Pferd described the patented, dynamic common model that makes this possible-and how W3C technologies will soon make it easier for companies to align taxonomies across different systems. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_5.htm The patent filed last year by Petris and Anadarko is described in a 17,000 word document. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_6.htm Shell has just accepted Exprodat Technologys data quality tool for world-wide deployment. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_7.htm API Workforce Task Force study suggests that companies have time to prepare for skills shortage. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_8.htm New software performs virtual well tests on flowing wells. No need for shut-in or downtime. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_9.htm Rock Solid Images has productized its in-house seismic inversion toolkit. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_10.htm Integrated interpretation suite doing well since MBO and expanding in Russian market. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_11.htm TerraSciences II supports Open Spirit-based data transfer and Monte Carlo net pay modeling. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_12.htm TEEC releases new processing workflow and extends automated fault detection methodology. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_13.htm With a reported 10,482 in attendance (the largest since the early 1980s), 500 papers and 350 exhibitors, you would have though that the Annual Conference and Technical Exposition of the Society of Petroleum Engineers would have been buzzing. It wasnt. Maybe it was the Houston location. Maybe, with oil breaking the $50/bbl barrier, folks were too busy. But a lot is happening in the PE space. Real time operations centers have come of age in drilling although production is proving a harder nut to crack. The components are already there, from sophisticated valves, multi-phase meters to optical sensors and actuators. Managing, and extracting useful information from the data avalanche is a growing concern. In this space, marriage is back in vogue, with Landmark and Weatherfords E-Production Solutions teaming up in one corner and Schlumberger and Aspen Technology in the other. In the software field, we noted a brand new seismic to simulator interpretation suite from JOA Jewel, a spin-off from Shells .NET migration. In the simulation arena there is interest in high-level surface/subsurface optimizing toolkits which run simulators from major vendors under the hood. Elsewhere independent vendors are applying techniques like streamline and network modeling to simulate various parts of the production system. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_14.htm API, Energy Solutions, IronMountain, Shell, CGG, Linux Networx, Maurer, Zettaworks and Bengal. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_15.htm Service companies see record revenues. Some even report bottom line growth. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_16.htm GeoDrive GIS and text search will be integrated with Petris Winds Enterprise data browser. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_17.htm New functions include data audit, multi-well reporting and upgraded well test coverage. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_18.htm An automated quality control package offers a rules repository for well and seismic data. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_19.htm Joint industry project targets streamline history matching. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_20.htm Private equity group completes its acquisition of pipeline software specialists. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_21.htm Revenue interest holders will receive revenue, reports and tax filings via online system. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_22.htm New automated e-procurement system targets complex oilfield operations and maintenance. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_23.htm Aveva, Autodesk and Halliburton to build state of the art engineering IT solution for TWWA. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_24.htm New bundle from Aspen Technology offers enterprise-wide visibility of upstream operations. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_25.htm NetWeaver-based Enterprise Management Systems links wellhead to SAP real time system. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_26.htm PetroBank is to form the hub of PetroChinas integrated data management infrastructure. Tue, 30 Nov 2004 24:00:00 GMT http://www.oilit.com/2journal/2article/0411_27.htm Software contract targets enterprise collaboration and business critical content management. Tue, 30 Nov 2004 24:00:00 GMT