NOVEMBER 02, 2006
Industry
Highlight:
Controlled Source Electromagnetic (CSEM) Imaging Reducing
Offshore Exploration Risk
CSEM imaging offers exploration companies working offshore the
opportunity to distinguish between water-filled and
hydrocarbon-filled formations, as well as to determine the size and
extent. Originally limited to depths of around a 1,000 feet,
commercial seabed logging surveys have now been completed in
significantly less water depths. Once the domain of majors, midsize
and junior exploration companies are now applying the technology to
reduce offshore exploration risk. (Excerpted from "Controlled source
electromagnetic imaging," Oil and Gas Journal, Oct. 2, 2006,
pp. 33-36). Electromagnetic Geoservices AS (emgs) won a 2006
Hart's E&P
Meritorious Engineering Award
in the "exploration system" category for its seabed logging survey
method.
DOE Highlight:
Progress Reported in Various DOE-Supported
Technology Development Projects
PTTC Highlight:
PTTC's Move to Industry Funding
Our recent newsletter, PTTC Network News, alerted industry to PTTC's move
to industry funding. Its been an exciting project defining services and benefits
to effectively serve both producers and vendors/service sector of all sizes.
We're now there—come see the membership structure we've created, how you or your
company can fit in, and make that commitment to do your part.
Trivia Question: In
what year was the first prototype of the now familiar
counterbalanced oilfield pump jack first developed?
Trivia Answer:
In
1925 Walter Trout, who worked for
Lufkin Foundry & Machinery, sketched out the counterbalanced oilfield
pumpjack. Before the end of the year, the prototype was installed and
working near Hull, Texas, in a Humble Oil Co. field. (Courtesy of The
American Oil and Gas Historical Society, September 2006 Petroleum Age
Newsletter). Would that technologies today could be so quickly tested in
the field.
