WITSML Version 1.4.1 Candidate Release Available for Public Review
The WITSML Version 1.4.1 Candidate Release is now available for review and comment through Sunday, July 24th, 2011. More information about what is in version 1.4.1 and the feedback mechanism, is available on the Energistics website. The review period is fairly short as this version has been reviewed several times …
Max Petroleum Operational Update July 2011
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, announced today an update of its operations in the Blocks A&E licence area in the Republic of Kazakhstan. Extension of Trial Production Project for Zhana Makat Field The Kazakh government has approved an extension of the …
Seabed Survey Data Model
The International Association of Oil and Gas Producers (OGP) would like to announce the launch of the Seabed Survey Data Model (Version 1) at the ESRI Petroleum User Group conference. The data model has been in preparation since January 2010 with the support of support of oil and gas companies, …
OGP & IMCA issue new guidelines for GNSS positioning in the oil & gas industry
The use of global navigation satellite systems (GNSS) for positioning is critical to the success of a wide variety of oil and gas-related surveying and positioning projects. After an extensive review and update, the International Association of Oil & Gas Producers (OGP) and the International Marine Contractors Association (IMCA) have …
The International Association of Oil & Gas Producers (OGP) issues new guidelines for conducting offshore drilling hazard site surveys
A properly-conducted drilling hazard site survey for an offshore drilling location is essential. It minimises the risk of harm to personnel and equipment and helps to protect the natural environment. The new Guidelines for the conduct of offshore drilling hazard site surveys describe oilfield good practice for conducting geophysical and …
Petrobras Uses Palisade’s @RISK for E&P Analysis
The Challenge In terms of its market value, Petrobras, the Brazilian oil producer and refinery operator, is the eighth largest global company in the world. Its investments amount to more than $53 billion, and these include more than thirteen thousand productive oil and gas wells and 112 production platforms. Recently …
Baker Hughes Introduces High-Performance Wellbore Cleaning System
The X-Treme Clean XP system reduces operational risks in high-cost environments Baker Hughes has introduced a wellbore clean-up and displacement system designed to improve efficiency and reduce operational risks in high-cost environments such as deepwater applications; horizontal, extended-reach, and deviated wells; deep wells; and wells with high dogleg severity. The …
Schlumberger Acquires Remaining Equity Shares of Framo Engineering AS
Acquisition marks a step change in development by fully combining Framo Engineering multiphase pumps and meter systems with Schlumberger subsea flow assurance and surveillance technologies. Schlumberger (NYSE:SLB) announced today the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS—a privately owned Norwegian company specialized in …
Co-operation key to Arctic & Extreme Environment success
International co-operation is essential if the challenge faced by the global oil and gas industry of successfully and responsibly exploring and developing the hydrocarbon resources that lie in the Arctic and sub-Arctic regions is to be met. According to the two co-chairmen of the SPE Arctic & Extreme Environments (AEE) …
Exillon Energy Exploration Update June
Exillon Energy plc, a UK-listed FTSE 250 independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce preliminary results from Exploration Well 4 (EWS-10274). Exploration Well 4 was designed to test an area between the EWS …