Oil IT Journal - www.oilit.com

Paradigm pulls IPO

Fri, 30 Nov 2007 24:00:00 +0100

A self-declared admission of improper payments to foreign intermediaries delayed the initial public offering. CEO John Gibson tells Oil IT Journal that market conditions made him withdraw the offer.

MMS outsources IT

Fri, 30 Nov 2007 24:00:00 +0100

Accenture gets a contract worth up to $100 million for US Minerals Management Services royalty financial systems $9 billion annual turnover.

Modeling subprimes, reservoirs and global warming

Fri, 30 Nov 2007 24:00:00 +0100

Oil IT Journal editor Neil McNaughton sees similarities in modeling of risk in the financial markets, reserves evaluation and global warming. How do you know when youve got the right model?

New study investigates GIS usage in Oil and Gas

Fri, 30 Nov 2007 24:00:00 +0100

Exprodat survey finds low standards take-up and very basic usage in ESRI-dominated upstream.

Landmarks AssetConnect leverages Engineous technology

Fri, 30 Nov 2007 24:00:00 +0100

Software integration platform from aerospace links myriad production optimization applications.

Santos extends mapping, data management software license

Fri, 30 Nov 2007 24:00:00 +0100

Petrosys builds on 15 year long strategic relationship. MD claims 97% customer retention rate.

Petris spatializes RigCount, delivers Operations Center to Laredo

Fri, 30 Nov 2007 24:00:00 +0100

WindsEnterprise technology adds map interface to Baker Hughes drilling information service.

Knowledge Systems teams with Roxar, NSI Upstream

Fri, 30 Nov 2007 24:00:00 +0100

Joint ventures target production surveillance with downhole gauges and Oil Field Commander.

Paradigm sales to Pertra, Maersk. New Sysdrill and Geolog releases

Fri, 30 Nov 2007 24:00:00 +0100

Drilling and well planning gets automation and WITSML interface. Geolog sees workflow enhancements.

Chevron Canada leverages Safe Software FME in GIS solution

Fri, 30 Nov 2007 24:00:00 +0100

Case study of Hibernia lease map shows complex workflow enabled by GIS transform toolset.

Statoils Enterprise Google Earth

Fri, 30 Nov 2007 24:00:00 +0100

In-house enhanced version of popular mapping tool gets top-level endorsement.

Software, hardware short takes ...

Fri, 30 Nov 2007 24:00:00 +0100

Entero, ffA, Fugro, Geovariances, Peloton, AGI, CEI, Roxar, Transpara, National Geographic, MetaCarta.

Contrasting views of standards at EU PIDX meet

Fri, 30 Nov 2007 24:00:00 +0100

BP believes in standards-but not sure which one to use! Pemex fast tracks PIDX deployment.

Society of Petroleum Engineers ATCE 2007, Anaheim

Fri, 30 Nov 2007 24:00:00 +0100

The usual rich offering from the SPEs Annual Technical Conference and Exhibition included contrasting views on risk analysis and decision making, more and more down hole high tech jewelry including the drillstring Ethernet, a call for standardized personal protection equipment, an iconoclastic view of the origin of global warming, Saudi Aramcos giga cell simulator, a session on drilling automation, and a new standard for upstream engineering design-CAPE-OPEN.

Folks, facts, orgs ...

Fri, 30 Nov 2007 24:00:00 +0100

Industrial Defender, API, BNP, Caesar Systems, CDA, Chevron, Deloitte, Aspen, FMI, Spectra Seis, Geotrace, Halliburton, IHS, Innotec, FDT, Iron Mountain, Shell, BJ Services, Object Reservoir ...

Publishing, e-discovery, geoscience and spatial data quality specs

Fri, 30 Nov 2007 24:00:00 +0100

New standards from Open Archives, EDRM, OGC, GeoSciML and reflections on seismic data on disk.

ISS Groups BabelFish application suite gets majors take-up

Fri, 30 Nov 2007 24:00:00 +0100

BP Indonesia to deploy tools on $5bn Tanggug LNG project. BG signs global deal for data platform.

New tools allows PipePhase simulations from within Excel

Fri, 30 Nov 2007 24:00:00 +0100

Invensys SIM4ME technology adds Excel-based front end to multiphase modeling flagship.

Energy Navigator tools analyze proposed Alberta royalty changes

Fri, 30 Nov 2007 24:00:00 +0100

Tristone Capital report leverages Value Navigator to show tax disincentives of new regime.

Wescorp Navigator operations and maintenance embeds RFID

Fri, 30 Nov 2007 24:00:00 +0100

Strategic Decision Sciences acquisition addresses O and M for unconventional operations.

OSIsoft joins green grid data center monitoring program

Fri, 30 Nov 2007 24:00:00 +0100

PI-Historian developer signs up to consortium targeting power and cooling systems optimization.

Enterprise Enabler extends BizTalk/SharePoint

Fri, 30 Nov 2007 24:00:00 +0100

Stone Bond eases deployment and extends Microsofts XSLT engine to native mode industry formats.

Done deals, acquisitions, mergers and more ...

Fri, 30 Nov 2007 24:00:00 +0100

CB and I, ABB, Rockwell, Pavilion, RPS, Scotia Group, Core Lab, Temco, Schlumberger, Eastern Echo, SARS, Andronics.

IHS and SAP launch master data management solution

Fri, 30 Nov 2007 24:00:00 +0100

Deal sees IHS standard modifier dictionary gain Powered by NetWeaver status in joint MRO solution.

BP signs Yokogawa as global main automation contractor

Fri, 30 Nov 2007 24:00:00 +0100

Production control and automation deal delivers transformation performance to upstream segment

IBM Maximo Spatial leverages ESRI ArcGIS Server

Fri, 30 Nov 2007 24:00:00 +0100

Joint offering blends ESRI and Maximo Java objects to bring geographical decision support to MRO.

IBM BladeCenter system for TETRA Technologies

Fri, 30 Nov 2007 24:00:00 +0100

Turnkey operating system delivers database and virtualizaton bundle to oil services company

PetroLAB front end for Calgary Data Center

Fri, 30 Nov 2007 24:00:00 +0100

geoLOGIC and PE Energy Solutions are teaming on data and decision support offering.

EDS reports on major development for BP Canada

Fri, 30 Nov 2007 24:00:00 +0100

HR and payroll system leverages PeopleSoft, WebLogic in bespoke outsourced system.

Hyperions PI-Compare links historian data with simulator

Fri, 30 Nov 2007 24:00:00 +0100

New tool aligns training simulator initial conditions with real plant condition data.

Chevron and MIT team on ultra deepwater R and D

Fri, 30 Nov 2007 24:00:00 +0100

$5 million contribution to MIT Energy Initiative includes two Chevron Energy Fellowships.