Sunday, November 21, 2010
Cabot 750 Mobile Carrier Rig - Used- Worldoils Oil, gas and offshore equipment marketplace
Cabot 750 Mobile Carrier Rig - Used- Worldoils Oil, gas and offshore equipment marketplace: "Used Land Rigs for sale"
Thursday, November 18, 2010
Tuesday, November 16, 2010
Cougar Oil and Gas Canada Inc. Announces 3D Seismic Program
CALGARY, ALBERTA, Nov 16, 2010 (MARKETWIRE via COMTEX) -- Cougar Oil and Gas Canada Inc. ("Cougar" or the "Corporation") /quotes/comstock/11k!coug.f (COUGF 1.85, 0.00, 0.00%) is pleased to announce a 23.8Km(2) high resolution 3D seismic program in the Corporation's Trout Core area.
The 3D seismic program will include 79km of source lines and 111Km of receiver lines. The permitting process, including consultation, mapping and licencing, will take approximately 75 days and the seismic program, pending financing, is scheduled for February, 2011. The 3D seismic program, which will take place on 85% working interest Cougar leases, is anticipated to take a total of 25 days in the field.
The 3D seismic program is one of the critical information sources needed to identify the drilling locations on the Corporation's leased lands. The seismic will provide Cougar with the confirmation of structural features that are required to form an effective trap of the oil and natural gas prospects in the Trout core area. The seismic information along with the detailed geological mapping, core analysis and production data that are available as a result of the significant well control in the area is part of the risk management that is completed prior to selecting a drilling location.
The 3D seismic program is classified as a Canadian Exploration Expense, which is eligible as a CRA flow through financing project.
Mr. William Tighe, CEO and Chairman of the Board for Cougar stated, "We are very excited to be able to kick off this high resolution 3D seismic program. We have finished a geological review of the proposed seismic area and anticipate the seismic data will enable us to firmly identify multiple drilling locations which will form the foundation of Cougar's development plans over the next 18-24 months. The seismic will enable us to accurately define a large geological anomaly which appears to be a perfect candidate for a multi-well horizontal drilling program. The high resolution of the 3D seismic will also enable us to identify potentially prolific single well Keg River and Granite Wash oil pools which will be developed with vertical wells.
This seismic program in conjunction with the previously announced multi-well drilling program will be the critical components to accelerating Cougar's growth. Over the last twelve months the Corporation has focused on optimizing existing wellbores and we look forward to supplementing that optimization work with a consistent exploration and development drilling component as we continue towards our corporate goal of achieving 2000 barrels of oil production per day by the end of 2011.
In addition on November 12, 2010, we filed our annual audited financials - Form 20- F on EDGAR, substantially ahead of the required schedule, in order to support the application to the NYSE Amex listing."
About Cougar Oil and Gas Canada Inc.:
Cougar Oil and Gas Canada Inc. (cougf:BB) is based in Calgary, Alberta, Canada and a publicly traded oil and gas exploration and production company. The focus is on the exploration and development of Canadian based onshore oil and gas properties. The current projects are the Trout light oil production area in north central Alberta, Lucy in the Horn River Basin in northeast British Columbia and First Nation Joint Venture and area projects located in north central Alberta.
Additional information is at http://www.cougaroilandgascanadainc.com/. or http://www.cougarenergyinc.com/.
Forward-looking Statements: This press release contains forward-looking statements. The words or phrases "would be," "will" "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," or similar expressions are intended to identify "forward-looking statements". The Company's business is subject to various other risks and uncertainties, which may be described in its corporate filings (http://www.sec.gov/) or (SEDAR in Canada). Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Cougar Oil and Gas Canada Inc. undertakes no obligation to update or publicly revise forward looking statements or information unless so required by applicable securities laws.
Contacts: Cougar Oil and Gas Canada Inc. Investor Relations +1(403) 513-2664 http://www.cougaroilandgascanadainc.com/http://www.cougarenergyinc.com/
Fugro – new version of Seismic data management software
Fugro Data Management has released version 6.0 of its Trango Seismic
data management software, with tools to track the history of data, and
with integration with OpenSpirit
Fugro Data Management, the data management division of geosciences and survey company Fugro, has launched a new version of its Trango Seismic 6.0 tool for upstream seismic data management, which allows users to track the parentage or hierarchy of data files (“lineage”) and has integration with OpenSpirit, so it can be used to manage data which is only stored in interpretation packages.
The company is planning similar upgrades in the fourth quarter of 2010 for its software package for well data, “Trango Well Manager”, and its software for geological reports.
The lineage function provides the ability to see all the iterations of what’s happened to a piece of data, says Leonard Hendricks, VP for Trango at Fugro Data Solutions (Canada).
“For example, if you’ve got the original field tapes from offshore seismic acquisitions shoots, then you can see someone did some preliminary work to create a prestack set of files. From there, there was work to create a stack file.”
“Then maybe inversion was performed on it, or another post stack process was built on it. Or perhaps you have gravity or magnetic field data. There could be 2 or 3 different sets of processes.”
The software will record what work was done, when it was done and whhere it is located, he says.
The system is useful if later work shows an error in the process and you want to retrace your steps. If you redo an earlier step, you want to know what files were generated out of the faulty data and make sure they are replaced.
Or maybe one aspect of the data will become more important in the future (for example if it is about a region where major finds have been made or seismic can no longer be shot) and you want to find the ‘parent’ data and work that data or project again.
OpenSpirit
The interface with OpenSpirit enables data to be managed within Trango which are stored within people’s interpretation software. It doesn’t matter which interpretation software they are using, as long as it is compatible with OpenSpirit.
OpenSpirit provides a range of tools to enable different geological and geophysical software packages to interoperate.
Many independent oil companies sometimes only have data in interpretation environments, by using Trango software with the Open Spirit interface they can access all of this data in other systems, and can copy available meta-data, trace outlines and data location into Trango.
Trango indexes all of the data (eg by project or survey name) through OpenSpirit to the interpretation files. This means that everybody in the company knows which interpretation projects exist around the company, what datasets have been loaded into them, and who is working on them.
The company is developing the same capability for its Well Manager tool to manage well data, where there will be a ‘lineage system’ – you can retrieve original logs, and then the interpreted logs after various pieces of processing work have been done.
Via integration with OpenSpirit, you can pull out metadata for the same wells from other software packages, or other software packages can pull data out from Trango via OpenSpirit.
Driving take-up
There are many factors driving an increased interest in data management systems for seismic data.
There is a growth of interest in 4D data (where people want to see how seismic data has changed over time). “A lot of the old files are becoming more important,” he says.
Some companies developed data management systems in-house, and are finding that it might be a good time to bring in a commercial system, he says. Companies sometimes want a more formal data management tool as they get bigger that is commercially maintained with functionality input from many different E&P companies.
Sometimes companies only use public seismic data, and they think they don’t need to bother having data management systems of their own, because they can always get the data from the public source whenever they need it. But then they realise that they are not tracking the work they are doing with the data and what value they are adding to it, and look for a tool like Trango, he says.
Mr Hendricks says that many companies consider a data management tool after they’ve been through an acquisition, for example as a way of organising the data of a company which has been acquired.
Many companies don’t even have a master list of their seismic assets, he says. “We often find customers, the first output they’re looking for, is a map of all the seismic assets they have.”
Everybody has maps, of course, but not complete ones, which show everything you need to understand your company’s seismic data – such as whether the data is licensed, proprietary, or the company only has rights to it for a period of time, or perhaps has exclusive rights for a period of time. “This information is not important in an interpretation package,and therefore not captured in that environment” he says.
But this information can be very useful for many people in the company – particularly if it gives the company a chance to sell licenses to, or trade data which they own but are not currently interested in, with data someone else has which would otherwise cost them a lot of money.
For more information please contact info@fugro-data.ca
data management software, with tools to track the history of data, and
with integration with OpenSpirit
Fugro Data Management, the data management division of geosciences and survey company Fugro, has launched a new version of its Trango Seismic 6.0 tool for upstream seismic data management, which allows users to track the parentage or hierarchy of data files (“lineage”) and has integration with OpenSpirit, so it can be used to manage data which is only stored in interpretation packages.
The company is planning similar upgrades in the fourth quarter of 2010 for its software package for well data, “Trango Well Manager”, and its software for geological reports.
The lineage function provides the ability to see all the iterations of what’s happened to a piece of data, says Leonard Hendricks, VP for Trango at Fugro Data Solutions (Canada).
“For example, if you’ve got the original field tapes from offshore seismic acquisitions shoots, then you can see someone did some preliminary work to create a prestack set of files. From there, there was work to create a stack file.”
“Then maybe inversion was performed on it, or another post stack process was built on it. Or perhaps you have gravity or magnetic field data. There could be 2 or 3 different sets of processes.”
The software will record what work was done, when it was done and whhere it is located, he says.
The system is useful if later work shows an error in the process and you want to retrace your steps. If you redo an earlier step, you want to know what files were generated out of the faulty data and make sure they are replaced.
Or maybe one aspect of the data will become more important in the future (for example if it is about a region where major finds have been made or seismic can no longer be shot) and you want to find the ‘parent’ data and work that data or project again.
OpenSpirit
The interface with OpenSpirit enables data to be managed within Trango which are stored within people’s interpretation software. It doesn’t matter which interpretation software they are using, as long as it is compatible with OpenSpirit.
OpenSpirit provides a range of tools to enable different geological and geophysical software packages to interoperate.
Many independent oil companies sometimes only have data in interpretation environments, by using Trango software with the Open Spirit interface they can access all of this data in other systems, and can copy available meta-data, trace outlines and data location into Trango.
Trango indexes all of the data (eg by project or survey name) through OpenSpirit to the interpretation files. This means that everybody in the company knows which interpretation projects exist around the company, what datasets have been loaded into them, and who is working on them.
The company is developing the same capability for its Well Manager tool to manage well data, where there will be a ‘lineage system’ – you can retrieve original logs, and then the interpreted logs after various pieces of processing work have been done.
Via integration with OpenSpirit, you can pull out metadata for the same wells from other software packages, or other software packages can pull data out from Trango via OpenSpirit.
Driving take-up
There are many factors driving an increased interest in data management systems for seismic data.
There is a growth of interest in 4D data (where people want to see how seismic data has changed over time). “A lot of the old files are becoming more important,” he says.
Some companies developed data management systems in-house, and are finding that it might be a good time to bring in a commercial system, he says. Companies sometimes want a more formal data management tool as they get bigger that is commercially maintained with functionality input from many different E&P companies.
Sometimes companies only use public seismic data, and they think they don’t need to bother having data management systems of their own, because they can always get the data from the public source whenever they need it. But then they realise that they are not tracking the work they are doing with the data and what value they are adding to it, and look for a tool like Trango, he says.
Mr Hendricks says that many companies consider a data management tool after they’ve been through an acquisition, for example as a way of organising the data of a company which has been acquired.
Many companies don’t even have a master list of their seismic assets, he says. “We often find customers, the first output they’re looking for, is a map of all the seismic assets they have.”
Everybody has maps, of course, but not complete ones, which show everything you need to understand your company’s seismic data – such as whether the data is licensed, proprietary, or the company only has rights to it for a period of time, or perhaps has exclusive rights for a period of time. “This information is not important in an interpretation package,and therefore not captured in that environment” he says.
But this information can be very useful for many people in the company – particularly if it gives the company a chance to sell licenses to, or trade data which they own but are not currently interested in, with data someone else has which would otherwise cost them a lot of money.
For more information please contact info@fugro-data.ca
Seadrill secures new contracts for jack-ups
Hamilton, Bermuda, August 13, 2010 - Seadrill's majority owned subsidiary Scorpion Offshore Ltd. has received a binding Letter of Agreement for a two well firm plus two optional wells contract for Offshore Vigilant in Venezuela with Cardon IV S.A. Firm contract duration is estimated to 240 days with an option for extension of approximately 240 further days. Contract value for the firm period is approximately US$37.2 million. A one well new contract has been signed for Offshore Resolute in Vietnam. Contract duration is estimated to 55 to 70 days and the contract value is approximately US$5.8 to 7.4 million.
Seadrill has also secured a contract with Premier Oil in Indonesia for the newbuild jack-up West Callisto. The program in the Natuna Sea has an anticipated firm duration of around 230 days with options for extension of approximately 180 further days. Contract value for the firm part is estimated at US$27.4 million.
In addition, Seadrill has been awarded an assignment with PT PAN (P.T. Pertalahan Arnebatara Natuna) in Indonesia for the newbuild jack-up West Leda. The contract value for the 90 day firm operating period is estimated to be US$12.4 million.
Both West Callisto and West Leda will subsequent to some mobilization related activities relocate directly from the yard and start operations under their new assignments, meeting customer's needs in terms of rig delivery.
Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS, says, "The placement of these rigs, representing a total of some US$84 million, is a milestone achievement in Seadrill's strategy of becoming the leading provider of ultra-modern jack-ups world wide. These contracts further underline the importance of our recent acquisition of Scorpion Limited, adding earnings visibility at what we believe are competitive terms and conditions.
Contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19
Seadrill has also secured a contract with Premier Oil in Indonesia for the newbuild jack-up West Callisto. The program in the Natuna Sea has an anticipated firm duration of around 230 days with options for extension of approximately 180 further days. Contract value for the firm part is estimated at US$27.4 million.
In addition, Seadrill has been awarded an assignment with PT PAN (P.T. Pertalahan Arnebatara Natuna) in Indonesia for the newbuild jack-up West Leda. The contract value for the 90 day firm operating period is estimated to be US$12.4 million.
Both West Callisto and West Leda will subsequent to some mobilization related activities relocate directly from the yard and start operations under their new assignments, meeting customer's needs in terms of rig delivery.
Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS, says, "The placement of these rigs, representing a total of some US$84 million, is a milestone achievement in Seadrill's strategy of becoming the leading provider of ultra-modern jack-ups world wide. These contracts further underline the importance of our recent acquisition of Scorpion Limited, adding earnings visibility at what we believe are competitive terms and conditions.
Contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19
Wednesday, November 10, 2010
Tuesday, November 9, 2010
Container handling in Mangalore, Shipping Agents in Mangalore, Shipping Agency in Mangalore, Clearing and Forwarding in Mangalore, Shipping Consultancy in Mangalore, Survey work in Mangalore, Export & Import work in Mangalore, Customs work in Mangalore, Crew change in Mangalore
Container handling in Mangalore, Shipping Agents in Mangalore, Shipping Agency in Mangalore, Clearing and Forwarding in Mangalore, Shipping Consultancy in Mangalore, Survey work in Mangalore, Export & Import work in Mangalore, Customs work in Mangalore, Crew change in Mangalore: "Shipping Agencies & Consultants"
Sunday, November 7, 2010
Offshore Accommodation Module with Helideck for Sale.- Worldoils Oil, gas and offshore equipment marketplace
Offshore Accommodation Module with Helideck for Sale.- Worldoils Oil, gas and offshore equipment marketplace: "Offshore Accommodation Module with Helideck for Sale"
Offshore Accommodation Module with Helideck for Sale.- Worldoils Oil, gas and offshore equipment marketplace
Offshore Accommodation Module with Helideck for Sale.- Worldoils Oil, gas and offshore equipment marketplace: "Offshore Accommodation Module with Helideck for Sale"
Wednesday, November 3, 2010
5150 bhp AHTS available for charter- Worldoils Oil, gas and offshore equipment marketplace
5150 bhp AHTS available for charter- Worldoils Oil, gas and offshore equipment marketplace: "5150 bhp anchor handling/tug/supply vessel for charter"
Monday, November 1, 2010
International Towage - Worldwide Emergency Towage - International Emergency Towage- Worldoils Oil, gas and offshore equipment marketplace
Semi-Submersible Heavy Lift Barge - 122mts - 2009 built- Worldoils Oil, gas and offshore equipment marketplace
Semi-Submersible Heavy Lift Barge - 122mts - 2009 built- Worldoils Oil, gas and offshore equipment marketplace: "Semi Submersible Heavy Lift Vessel For Sale worldwide"
LCT for sale - Landing Craft for sale - LCT type Cargo/RORO Ship - Built 1981 Rebuilt 2005- Worldoils Oil, gas and offshore equipment marketplace
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