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Exillon Energy Production Update

Exillon Energy plc is pleased to announce that well EWS-16 and well EWS-391 have successfully found oil on a northern extension of the EWS I field and on a north-western part of the East EWS I field. EWS – 16 The EWS-16 well, which was spudded on 25 December 2010, …

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IBM develops IT solutions that will help Gazprom Neft NTTS more efficiently develop and operate oil and gas fields

IBM (NYSE:IBM), Gazprom Neft – NTTS and Russian State Gubkin Oil and Gas University announce they have signed an agreement to expand their cooperation. Among other things, the partners will implement concepts and IT solutions that will help Gazprom Neft – NTTS develop and operate oil and gas fields more …

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National Oilwell Varco Announces Fourth Quarter and 2010 Earnings

National Oilwell Varco, Inc. (NYSE: NOV) today reported that for the fourth quarter ended December 31, 2010 it earned net income of $440 million, or $1.05 per fully diluted share. Sequentially, earnings improved nine percent compared to third quarter ended September 30, 2010 net income of $404 million, or $0.96 …

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SAKHALIN-1 PROJECT DRILLS WORLDS LONGEST EXTENDED-REACH WELL

Sets record at 40,502 feet (7.67 miles) IRVING, Texas, January 28, 2011 – Exxon Mobil Corporation announced today that its subsidiary, Exxon Neftegas Limited, has successfully drilled the world’s longest extended reach well at the Odoptu field, offshore Far East Russia. Exxon Neftegas is the operator of the Sakhalin-1 Project …

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Sakhalin Energy has become a Global Compact LEAD participant

Sakhalin Energy has become the first and the only Russian company who was chosen by the United Nations to join the new platform for Corporate Sustainability Leadership – Global Compact LEAD, launched within the frames of the UN Global Compact. Sakhalin Energy has made a historic commitment to adopt ambitious …

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Nalco and LUKOIL Form Energy Chemicals Joint Venture to Serve Western Siberia

(Naperville, Ill.) Nalco (NYSE: NLC), providing essential expertise for water, energy and air, announced today its Russian subsidiary has formed a joint venture with a subsidiary of Russia’s largest oil company, OAO LUKOIL, to provide energy chemicals and services in western Siberia. The joint venture, OOO Kogalym Chemicals Plant, will …

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Schlumberger Global Connectivity Services Achieves Cisco Managed Services Master Certification

Organization Recognized as Having Highest Level of Expertise in Developing and Delivering Managed Services Schlumberger announced today that Schlumberger Global Connectivity Services (GCS) has achieved the Managed Services Master Certification from Cisco. This certification recognizes GCS’s investment in the managed service ITIL® processes, practices and tools necessary to provide high-quality …

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Schlumberger Global Connectivity Services Achieves Cisco Managed Services Master Certification

Organization Recognized as Having Highest Level of Expertise in Developing and Delivering Managed Services Schlumberger announced today that Schlumberger Global Connectivity Services (GCS) has achieved the Managed Services Master Certification from Cisco. This certification recognizes GCS’s investment in the managed service ITIL® processes, practices and tools necessary to provide high-quality …

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Rosneft and ExxonMobil to Develop Black Sea Resources

Rosneft and ExxonMobil have entered into an agreement regarding joint development of oil and gas resources in the Black Sea, which includes an initial focus on oil exploration and production in the Tuapse Trough in the Russian Black Sea basin. The agreement signed today in Davos, Switzerland, by Rosneft president …

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An Introduction to: Velocity Model Building

Author: Ian F. Jones Publisher: EAGE Publications BV This book sets-out to give the reader a non-mathematical understanding of the basic principles of migration and of building a velocity model of the earth’s subsurface. The intended readership includes anyone who has to work with, or to understand, how contemporary seismic …

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