Paradigm released the latest extension of its Paradigm 14 solution suite. This version, Paradigm 14.1, enables broadband processing, high definition (HD) imaging, quantitative interpretation, and advances toward high-definition earth modeling…
In May 2014, Schlumberger announced the introduction of its GeoSphere reservoir mapping-while-drilling service. Claudio Paschoa discussed the new technology with Jean Seydoux, well placement and reservoir positioning program manager for Drilling & Measurements…
Speeding up the rate of change in the oil and gas industry Our industry has a big question to answer: Can it innovate fast enough to meet the global energy challenge? I believe the answer is yes – but only if it is never satisfied with…
Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets. Noreco says, according to updated reservoir modeling by operator Dong Energy…
Fractured basement reservoir explorer Hurricane Energy says post-well data analysis of its 1km horizontal appraisal well 205/21a-6 well test in Q2 this year has shown better than expected results. The firm said the well, which tested…
Houston-based ION Geophysical Corp. has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo BV. In February 2013, ION acquired 30% of OceanGeo, then increased its ownership to 70% in January 2014…
Schlumberger has launched a new technology, the GeoSphere reservoir mapping-while-drilling service, which has been tested in more than 140 wells worldwide. The new technology gives operators an opportunity to optimize well landing operations…
A 3D seismic survey over offshore oil mining license (OML) 113 in Nigeria, covering 1045sq km, using the Polarcus vessel MV Polarcus Nadia, has completed, says Panoro Energy. Data acquisition started March 24, and completed May 9. The…
French seismic acquisition equipment firm Sercel's subsidiary Metrolog has launched iScope, an industry-first downhole monitoring system for fast, efficient and frequent retrieval of pressure and temperature data during well testing operations…
Shell and its partners on the Ormen Lange license have postponed plans for a ground-breaking compression project on the giant field, halting ongoing concept select work, citing costs and reservoir data. Ormen Lange, Norway’s second largest field and producing since October 2007…
Are the UK's fractured basement reservoirs ripe for exploitation? Hurricane Energy's Robert Trice explains why he believes they are. The potential of fractured basement reservoirs is often overlooked by explorers, yet there are numerous…
Houston-based ION Geophysical Corp. has increased its ownership interest in OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic acquisition using ocean-bottom cables (OBC). ION now owns 70% of OceanGeo…
Emerson creates new reservoir modeling software Emerson Process Management released Roxar RMS 2013, the latest version of its reservoir modeling software. RMS 2013 includes model-driven interpretation capabilities and new solutions for seismic…
Subsea sampling can help increase PVT accuracy and improve subsea multiphase meter performance. Test lines for subsea well testing cost as much as US$60 million and come with logistical and well intervention challenges. Eivind Gransaether explains…
Shell and Baker Hughes have signed a software license and joint development agreement to produce a high-end platform for geological and reservoir modeling using Baker Hughes’ JewelEarth software. Shell says the new platform will bring enhanced…
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