Archive for March, 2010

Cypress E&P Boosts Productivity with SMT KINGDOM and Isilon NAS Storage

Seismic Micro-Technology (SMT) announced that Cypress E&P Corp. has successfully completed installation and deployment of SMT’s KINGDOM, a hydrocarbon exploration and production application, on an Isilon data storage platform. This integrated solution allows Cypress to centralize its exploration projects for intuitive control and seamless visibility of seismic interpretation data at each stage of the workflow.

Cypress has leveraged this integrated solution by unifying its seismic, well, and cultural data on a single global namespace, eliminating bottlenecks and limited data sharing capabilities inherent to partitioned workstation, direct-attached server, or even storage area network (SAN) solutions. Isilon’s Scale-Out NAS platform, with its scalable, high-throughput file sharing capability, facilitated the deployment process, allowing for full consolidation of all data resources operating within SMT KINGDOM. Cypress employees can now utilize SMT KINGDOM to its full potential, achieving maximum availability and visibility of seismic interpretation resources.

Indy Chakrabarti, Chief Marketing Officer at SMT, said: “Our mission is to take a very specialized science – geoscientific interpretation and modeling – and make it more accessible to energy exploration and production teams, helping to make them more productive. As companies discover new methods of exploring, they need access to scalable software solutions that can adapt to new workflows. Combining SMT’s KINGDOM with Isilon’s storage provides Cypress with the ability to manage complex seismic data sets intuitively, seamlessly and with ease. The solution delivers improvements in both field performance and business efficiency.”

Eric Bass, Cypress E&P’s Director of Information Technology, noted that he has already seen a reduction in storage management workload, which enables his team to spend more time focusing on business performance.

“We rarely have to tweak the system,” Bass noted. “Project consolidation and data sharing now perform seamlessly. Our exploration team can access all interpretations and the underlying data at any time, without any bottlenecks.”

“My mission is to assemble the highest performing technologies available into a powerful yet flexible platform that drives our company,” said Bass. “However, we need technology that doesn’t require specialized technicians for day-to-day maintenance and uptime. It must be easy to use, and it must provide an intuitive interface. With SMT KINGDOM running on Isilon, I can focus on building the infrastructure and providing support to enhance what KINGDOM does for our company, thus keeping our exploration team productive.”

www.seismicmicro.com

www.cypressep.com

www.isilon.com

March 31, 2010 at 5:19 am Leave a comment

IDS, Samit Unveil Centralizing Data System in India

IDS has signed a collaborative arrangement with Samit Enterprises to take DataNet2 to the Indian market. Samit has great experience in introducing reporting and analysis services to the upstream industry in India, having previously worked with Landmark’s flagship product, Open Wells. The company has decided, however, that the IDS business model provides the best opportunities both for Samit and for those clients across India who are ready to move away from the traditional license-per-seat arrangement and experience the advantages of the unlimited-usage, Web-delivery model offered by IDS.

DataNet2 from IDS is a suite of powerful reporting tools, based on the concept of centralizing data from drilling, geology and completions reports to be acquired, shared, viewed and delivered across the Web or via the client’s network. The system is WITSML-compliant and will become a key enabler for India’s intelligent oilfield.

Douwe Franssens, General Manager of the IDS Group, said: “We believe that DataNet2 will act as a real advance to the Indian market. For over a decade, IDS has used its expertise to make upstream reporting and analysis simple and cost-effective. We are delighted that DataNet2 will now be available across India, with the level of support that our customers expect.”

Sanjeev Mittal, Managing Director at Samit, said: “The depth of functionality of IDS’s DataNet2, combined with its delivery via the Internet, provides tremendous value to its clients in the upstream hydrocarbon industry. We are pleased to be partnering with IDS to bring this service to our clients in India.”

www.idsdatanet.com

www.samit.in

March 31, 2010 at 5:16 am Leave a comment

Fugro-Jason Launches Workbench 8.2 for Windows

Fugro-Jason has launched Jason Geoscience Workbench (JGW) 8.2, the latest version of its flagship product. For the first time, all Fugro-Jason products will be available for all current Microsoft Windows operating environments. JGW 8.2 integrates geological, geophysical, petrophysical and rock physics information into a single consistent model of the earth.

“JGW 8.2 represents a strategic technology move on our part to expand the platform options for our clients,” said Brad Woods, General Manager of Application Engineering, Fugro-Jason.

“Our development team leveraged the leading-edge tools available in the Microsoft platform to deliver a high-performance alternative to our well-regarded Linux version. In addition, clients can now use all Fugro-Jason products in a single Windows-based operating environment if they so choose.”

www.fugro-jason.com

March 31, 2010 at 5:13 am Leave a comment

Baker Hughes Unveils New Multiphase Fluid Flowmeter

Baker Hughes has developed a multiphase flowmeter that combines downhole sensor technology with neural network capabilities to provide real-time, affordable flow rate estimates from wells produced with electrical submersible pump (ESP) systems. When properly calibrated and maintained, the Neuraflow™ multiphase flowmeter delivers flow rate estimates with a greater than 90% accuracy rate when compared with actual flow rate measurements.

Flow measurements are critical for optimizing reservoir performance and ESP system efficiency as well as diagnosing well and ESP system issues. However, direct measurement of multiphase flow rates is expensive and, therefore, typically performed only intermittently. Neuraflow, which is installed in the ESP surface variable speed drive (VSD), offers an affordable alternative to conventional direct flow monitoring techniques via real-time flow rate estimates. The Neuraflow device uses existing standard downhole measurements coupled with additional system measurements and learning algorithms to infer a flow rate based on known reservoir and fluid properties. This cost-effective solution measures flow at four separate downhole locations. The four flow measurements are compared and then used to calibrate the model for a high degree of accuracy.

“This is an important addition to our existing production measurement portfolio. Neuraflow meets a long-held customer need for accurate, affordable flow measurements,” noted Neil Harrop, president of Baker Hughes’ completions and production business segment. “This complements our expanding digital oilfield capability with real-time measurements that can make a significant difference in optimizing production.”

www.bakerhughes.com

March 31, 2010 at 5:10 am Leave a comment

MMS Chooses PetroVR Software to Evaluate GOM Bids

Caesar Systems’ Petroleum Ventures & Risk (PetroVR) decision-making software has been selected by the US Minerals Management Service (MMS) of the U.S. Department of the Interior. This indefinite delivery/indefinite quantity (ID/IQ) contract is for providing oil and gas resource economic evaluation software to be used in determining the adequacy of bids submitted for offshore oil and gas leases in the Gulf of Mexico.

Prior to awarding this deal to PetroVR, the MMS had used MONTCAR, an internal software solution, for more than three decades. In a recent fiscal year, the MMS evaluated nearly 800 offshore tracts having $6 billion dollars in high bids using MONTCAR.

“Our role will be to empower the MMS with integrative decision capabilities for the economic evaluations of offshore tracts based on a diverse set of economic, engineering, geological, and other input parameters. The MMS will enjoy the benefits of a fully documented, supported and maintained software platform,” said Victor Koosh, CEO of Caesar Systems.

The consistency and flexibility of the PetroVR commercial software platform is expected to decrease “onboarding” time for new staff and contractors; enable quick adaptability to policy and environmental changes; and to deliver value more effectively to the many, diverse MMS stakeholders.

Caesar Systems has supported numerous clients in bidding on exploration licenses in the US and internationally. The Caesar Systems methodology streamlines this process and leads to greater predictability for clients by representing the inherent dependencies and developing insights that can emerge only within simulation technology.

www.caesarsystems.com

www.mms.gov

March 31, 2010 at 5:08 am Leave a comment

Flowserve Releases New Digital Positioner

Flowserve has released the Flowserve Logix 3400MD, a digital positioner that features the advanced diagnostics capability of Flowserve ValveSightTM for facilities using Foundation Fieldbus protocol.

“Next-generation facilities use Foundation Fieldbus technology because it allows easy integration of field instruments into a central control system,” said Ken Beatty, Director of Advanced Product Development, Flowserve Flow Control Division. “The Logix 3400MD helps plant operators run their control processes more efficiently by identifying issues before they become costly failures.”

The Logix 3400MD uses Flowserve ValveSight technology to monitor the status of the valve, actuator and positioner, as well as the health of the entire control loop. Proprietary models provide predictive diagnostics, which give advanced warning of future equipment or process problems.

The Flowserve Logix 3400MD features the same proven, state-of-the-art technology as the Logix 3200MD to provide superior performance and reliability. It is certified by all major digital control system suppliers, the FDT Group and the Fieldbus Foundation.

www.flowserve.com

March 31, 2010 at 5:05 am Leave a comment

Baker Hughes Unveils WellLink Desktop System

Baker Hughes has introduced WellLink™ Desktop, a dynamic, secure system for automatic delivery of well data from the wellsite to the desktop.

As well and project complexities increase, advanced wellsite monitoring and analysis of well data allow for better asset management business decisions. WellLink Desktop quickly and accurately delivers the well data operators need to optimize production. The system eliminates the need to search through large amounts of data and manually download files of interest. The application also provides security through an encrypted data transfer scheme and by locking the application to a specific client and computer.

WellLink Desktop creates a data-transfer routine that is installed on a client’s computer to automate the data-transfer process via regular checks of the host Web service for new data files and to run a continuous audit of files already transferred. The program also enables clients to monitor progress of the automatic download, to pause and resume the download, and to manage the download traffic.

“The WellLink Desktop system is an important part of our remote operations infrastructure that streamlines well data delivery and maximizes its security,” noted Derek Mathieson, Baker Hughes president of products and technology. “WellLink Desktop works automatically and securely behind the scenes to simplify data gathering and synthesis so that clients can focus on core business issues.”

www.bakerhughes.com

March 31, 2010 at 5:03 am Leave a comment

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