How much oil?
Read this carefully (adapted from ’BP Statistical Review of World Energy’): “Proven reserves is the estimated quantities of oil which geological and engineering data demonstrate with reasonable certainty to be…
Worldwide
Quantum leap for seismic
The introduction of Q-Marine* technology a few years ago has given WesternGeco a competitive edge, the company claims. In the Oslo Technology Centre they are proud of having been crucial…
Market Update
Trading assets on the web, New Orleans, a city of past and present history, SeaBird to acquire SeaBed, Increased capacity for multi component seabed data acquisition, Doing it alone, Do…
Remote Sensing – The Rise of the Virtual Geologist
Over the years remote sensing has developed from an obscure and expensive experiment to an essential and cost effective tool in the search for hydrocarbons, particularly in remote and inaccessible…
Rejected!
Most of us would bluntly say that geology has nothing to do with politics. We tend to believe that geological research is independent of political constraints. Editorial Rejected
AVO responses: The good, the bad and the evil
AVO analysis provides the geologists with a powerful tool that give information about pore fluids, lithologies and reservoir pressures. However, AVO signatures can easily be misinterpreted without a proper feasibility…
Improving seismic quality
With many of the world’s basins now explored, the search for new hydrocarbons is becoming dependent on improvements in seismic data quality. One of the new acquisition techniques is WesternGeco’s…
Where most of the oil is
Huge amounts of oil sands in the Western Canadian Sedimentary Basin will in few years time strengthen Canada’s position as one of the world’s largest oil producers. This situation will…
Introducing geological processes in reservoir models
Reservoir modelling and reservoir simulation are based on data collected at multiple scales with resolution ranging from sub-millimetre to tens of metres. New software using knowledge of the geological processes…
Integration – the Foundation for the Asset Team
For many years, Dr. Alain Gringarten considered that “Integration of geological and engineering disciplines is the key to successful exploration and production.” Now Professor of Petroleum Engineering at Imperial College,…
Planning software streamlines the decision process
Inconsistent methods used in the well planning process can result in erroneous decisions that have significant impact on field economics. By using a generic decision support tool, well projects can…
Oil Shale – an alternative energy resource?
Shale oil represents a vast resource of energy. The cost of extracting the oil and the environmental consequences, however, seem to inhibit economic exploitation in the near future. Oil Shale an…