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Survey,
Geophysical, Underwater Newsletter
(Issue No.13, January
3, 2001)
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| Halliburton
and Landmark Graphics Announce Agreement to Acquire PGS Data Management Division
|
DALLAS, Jan.
2 /PRNewswire/ -- Halliburton Company (NYSE:HAL) and Landmark Graphics
Corporation, a wholly owned business unit of Halliburton, today announced
a definitive agreement to acquire PGS Data Management (PGSDM), a division
of Petroleum Geo-Services ASA (NYSE:PGO) OSE: PGS). The agreement is subject
to various regulatory, board and other approvals, as well as the finalization
of certain ancillary agreements. The acquisition will expand the Landmark
Graphics portfolio of market-leading technology management solutions and
services by adding PGSDM's PetroBank solutions. PetroBank solutions are the
industry leader for cost effective internet enabled storage, browsing and
retrieval of large volumes of quality controlled exploration and production
(E&P) data and information.
Under the agreement,
Landmark Graphics will acquire PGSDM and its solutions and trademarks for
$179 million in cash. Landmark will manage the technology and services of
the PGSDM acquisition as a part of its core business. In addition, the parties
will enter into a contract for Landmark to provide strategic data management
and distribution services to Petroleum Geo-Services and its affiliates. For
full press release, click on
http://news.excite.com/news/pr/010102/tx-halliburton-pgs.
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| Veritas
DGC Announces Alaskan Alliance |
Veritas DGC
Inc. has finalized an operating alliance agreement to conduct geophysical
activities in Alaska and with the cooperation from the Kuukpik Corporation,
Veritas and Fairweather Geophysical, LLC have secured a multi-year contract
to acquire the seismic data. Veritas will provide the majority of the seismic
equipment and collaborate with Fairweather to jointly provide the people
required to conduct the operations.
Fairweather is
an established geophysical contractor in Alaska and the Kuukpik Corporation
is an Alaskan village corporation that represents the community of Nuiqsut,
Alaska which is located on the eastern border of the National Petroleum Reserve
Alaska "NPRA".
Click
here for press release... |
| |
| Riegl
USA Introduces New Series of 3D Scanners |
A new line
of 3D scanners providing flexibility for 3D measurement, inspection and modeling
has been introduced by Riegl USA of Orlando, Florida. The LPM series 3D scanners
provides the user with Riegl laser measuring technology combined with a
lightweight and easy to use design. Options include hemispheric scanning,
automated or manual operation, reflectorless ranges to 2500 meters, accuracy
in the millimeters and a comprehensive 3D data acquisition software package
operable from a laptop PC.
The multi-purpose
LPM-Series (Laser Profile Measuring System) is a 3D data collection system
that enables a single operator to quickly measure the relative location of
any object for various applications within seconds. The complete stand alone
system incorporates various Riegl laser distance LD90-VHS series distance
meters for high accuracy (1 mm resolution), range and accuracy flexibility
and long range (2,500 meters), the pan and tilt mount PTM98, and industry
standard software 3D-RiScan, 3D data acquisition visualization and analysis,
which runs on Win 95, 98, NT and 2000 platforms.
Click here
for press release... |
| |
| Oceanic
Imaging Consultants (OIC) Announces Latest Release Of GeoDAS-PC &
GeoDAS-Desktop |
| Oceanic Imaging
Consultants (OIC)of Hawaii, the Seabed Mapping specialists, announced the
latest release of its flagship products GeoDAS-PC & GeoDAS-Desktop. Version
4 represents a major up-grade in data accuracy, with the move to "double
point" precision allowing centimeter resolution for all logged, playback
& mosaicked sonar data. Other significant improvements includes the
client-server mode, datum conversion module including state plane co-ordinates,
tidal & draft correction and an expanded data format input and output
listing. For further information, contact
info@oicinc.com |
| |
| Scotian
Slope Non-exclusive Multibeam Survey Conducted by C & C
Technologies |
| C & C
Technologies, Inc. of Lafayette, Louisiana USA completed a multibeam bathymetry
and imagery survey of the Canadian Scotian Slope in June of 2000. Marathon,
Murphy, Norsk Hydro, and PanCanadian sponsored this non-exclusive survey,
which encompassed 28,000 square kilometers of the lease blocks ranging in
depth from 600 to 3500 meters. These data are contributing directly to several
issues relating to hydrocarbon prospectively, surficial geohazards, and
environmental conditions at the seabed. The multibeam bathymetry data, with
a pixel size of approximately 30 meters, reveal the complex seabed morphology
of the Scotian Slope. The eastern part of the survey area is highly dissected
by canyons, with broad flat floors that show no evidence of recent sediment
failure. The western part of the survey area is much smoother, but large
areas of the seabed appear to have surficial failures. Many of these failures
in deeper water have linear headscarps, developed along faults previously
imaged with high-resolution seismic profiles. Such faults are targets for
investigation of surface seeps using ROV technology. For the complete press
release, visit
http://www.cctechnol.com or, for more
information, email info@cctechnol.com
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| MMS
Prepares Next Five-Year Leasing Program |
| The Minerals
Management Service is soliciting comments and suggestions as it prepares
a new Five-Year outer continental shelf oil and gas leasing program for
2002-2007. The program establishes the size, timing and location of oil and
gas lease sales over the next five years. Acreage off the Pacific and Atlantic
coasts, a portion of the Gulf of Mexico offshore Florida and Alaska's North
Aleutian Basin have been withdrawn from future leasing due to a 1998 presidential
directive. The agency also is soliciting input on issues and alternatives
that should be addressed in the Five-Year plan's accompanying environmental
impact statement.
For
full press release click here |
| |
| McMoRan
Exploration Co. Announces Significant Gas Discovery at Eugene Island 193
-North Tern- |
McMoRan Exploration
Co. (NYSE:MMR - news) today reported the following update on its oil and
gas exploration and development activities and other company activities:
Significant Gas Discovery at Eugene Island 193 No.3 (North Tern-deep) -
exploration well. The Eugene Island Block 193 No.3 exploratory well (North
Tern-deep prospect) has discovered 230 feet of net gas pay in two sands,
the first between 16,460 and 16,613 feet and the second between 16,790 and
16,952 feet. The initial target objective for the Eugene Island 193 North
Tern prospect was a gross unrisked potential of approximately 50 billion
cubic feet of natural gas (bcf). However, the pay sands encountered are
approximately twice as thick as indicated by the 3-D seismic data and, therefore,
McMoRan believes this prospect could recover 100 bcf or more.
McMoRan anticipates
the well can be completed and put on production during the second quarter
of 2001 utilizing the Eugene Island 193-A platform acquired in 2000. Although
the No.3 well has not been flow tested, because of the thickness and porosity
of the sands, McMoRan believes the well could produce at an initial flow
rate of approximately 50 million cubic feet of natural gas per day (mmcf/d).
McMoRan has a 53.4 percent working interest and a 42.9 percent net revenue
interest. McMoRan controls 10,000 acres in the area in approximately 90 feet
of water, approximately 50 miles offshore Louisiana.
For full press release
click here |
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