Landmark Launches DecisionSpace 5000.8.3 Suite
Landmark‘s DecisionSpace 5000.8.3 Suite delivers unmatched decision accuracy and cross-domain workflow efficiency The need for fast, accurate and safe reservoir and operational decisions has never been greater. Replacing reserves and addressing complex plays both onshore and offshore requires an integrated approach for evaluating and developing assets. Landmark’s DecisionSpace® 5000.8.3 suite …
Baker Hughes and CGG Strengthen Business Alliance
Baker Hughes Incorporated and CGG announced today the signing of a Letter of Intent to realign the firms’ VSFusion joint venture to focus on microseismic monitoring, processing, visualization, and interpretation as well as microseismic permanent monitoring. The joint venture, now called Magnitude, strengthens the capabilities of Baker Hughes and CGG …
The Project of Tatneft and Energy Consulting Has Been Recognized the Best in the CIS SAP Contest
SAP products based solution in personnel management developed by JSC TATNEFT and Energy Consulting has been recognized as the best at the Summit of the Russian localization of SAP solutions and would be included as a standard functionality of SAP ERP. The contest for the best customer-related solution was arranged …
Jason Launches New Release of Seismic Reservoir Characterization Software
Integrated engineering and geoscience workflows produce clear view of difficult reservoirs CGG announced today that Jason, a CGG company specializing in seismic reservoir characterization software and services, has launched version 8.4 of its reservoir characterization software suite. The powerful new release optimizes field development, reservoir management and well planning by …
CGG: StagSeis – One Year On
CGG’s full-azimuth, long-offset towed-streamer marine broadband acquisition solution is delivering exceptional subsalt images in the Gulf of Mexico. A year after its launch, CGG’s innovative subsalt imaging solution, StagSeisTM, is producing exceptional results in terms of improved imaging and illumination in the Gulf of Mexico. Early results from the multi-client …
Shah Deniz Major Sales Agreements with European Gas Purchasers Concluded
The Shah Deniz consortium announced today that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine …
ROGTEC Interview with Kevin Dunn of IHS – Fekete Associates
Kevin Dunn joined IHS through the recent acquisition of Fekete Associates Inc. in April 2013. Prior to the acquisition, Kevin was the Vice President, Sales and Marketing for Fekete, where he spent the last 16 years in various positions including conducting pipeline modeling projects and testing software. Kevin was responsible …
Condor Announces Closing of $15,000,000 Senior Unsecured Note Financing
Condor Petroleum Inc. is pleased to announce the issuance of a senior unsecured note in the principal amount of CAD $15,000,000. The Note shall bear interest at 16% per annum with 1% payable on closing and the remaining 15% accruing daily and payable quarterly in arrears. These funds allow the …
Exillon Energy: Conducting Formal Sale Process
On 30 July 2013, the Company announced that it had received an approach from Mr Maksat Arip (“Mr Arip”), that may or may not lead to an offer being made for the Company. Mr Arip is a beneficiary of WS Settlement which is beneficially entitled to the 30.17% of the Company’s …
Zoltav Resources Half Yearly Report 2013
Zoltav Resources, the CIS-focused oil and gas exploration and development company, announces half yearly results for the six months ended 30 June 2013. Highlights – post balance sheet events · Completion by Zoltav Resources Inc. (Zoltav or Company) of its first major oil and gas asset acquisition – the Koltogorsky …