CGG GeoSoftware Releases PowerLog 9.7.1 Petrophysical Software with Machine Learning Capabilities
CGG GeoSoftware has launched PowerLog 9.7.1, the latest version of its flagship petrophysical analysis software. With this release, the new PowerLog ecosystem offers access to extensive machine learning and deep learning capabilities and many numerical analysis and visualization libraries. Users can now develop custom interpretation modules and workflows, as an …
Halliburton: InnerVue™ PipeSuite Diagnostics Service
NON-INTRUSIVE PIPELINE DIAGNOSTICS SERVICE PROVIDES DECISIVE INSIGHT TO OPTIMIZE ASSET PERFORMANCE MANAGEMENT OVERVIEW The InnerVue™ PipeSuite Diagnostics Service is a non-intrusive solution for profiling deposits and locating leaks or blockages along the length of pipelines. It can be used to baseline a pipe during pre-commissioning, to monitor the line conditions …
eDrilling: Use of Digital Twins in Well Construction and Drilling Operations – No Hazardous Incidents and No Sidetracks
eDrilling, a leading provider of drilling and well performance solutions today announced the results of a study researching the value of using digital twins in well construction and drilling operations. We researched 60+ wells where eDrilling’s digital twin technologies was used in i) preparations for well, ii) automated monitoring of …
Rosgeo Inks Agreement with Iran on Hydrocarbons Exploration in Caspian Sea
The Russian geological holding Rosgeo and the Geological Service of Iran signed a geological program to a contract on offshore exploration in the Iranian part of the Caspian Sea and an agreement of intent to perform aerial geophysical studies in Iran. Documents were signed on Thursday on the sidelines of …
LafargeHolcim Announces Next Steps in Simplification of Corporate Organisation
Corporate offices in Paris and Zurich to be closed Simplification plan will deliver corporate management headcount reduction of around 200 Closure of regional headquarters in Singapore and Miami completed Consistent with its Strategy 2022, LafargeHolcim announces proposals to further simplify its corporate organization. As a consequence of these additional measures …
DTCC Welcomes Chris Green as Our Newest Team Member
DTCC announced today that Chris Green has joined the firm as client support manager, with focus world-wide outside the Americas. Chris has been in the seismic exploration industry for over 25 years that equally span both marine and land operations. Recently with PGS in a project management role, Chris has worked …
TMK Announces 1Q 2018 IFRS Results
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for three months ended March 31, 2018. 1Q 2018 Highlights Financial – 1Q Revenue up 6% q-o-q and up 35% y-o-y …
Equinor ASA: Statoil ASA Changes Name to Equinor ASA
Equinor ASA, the new name of Statoil ASA, was approved by the annual general meeting yesterday, 15 May 2018, and the new name has now been registered in the Norwegian register of business enterprises (Foretaksregisteret). The company’s shares will from 16 May 2018 (inclusive) be quoted on Oslo Børs with …
PDC Logic: Appoints Steve Allen to the Board of Directors
PDC Logic announces the appointment of drill bit veteran Steve Allen to the Board of Directors. Mr. Allen brings extensive drill bit experience to PDC Logic’s board after spending over forty years building Halliburton’s Drill Bits and Services division (or “DBS”). During his time with Halliburton, Steve held many leadership …
Roxar Tempest™ 8.2: Enhanced Reservoir Software Offers More Robust Risk Analysis and Reserves Estimates
Emerson has launched Roxar Tempest™ 8.2 – the latest version of its reservoir management software, bringing advanced uncertainty analysis tools and increased support to the Big Loop™ workflow and robust risk analysis and reserves estimates across the seismic to simulation workflow. The announcement also further strengthens Emerson’s end to end …