The latest petroleum news around the world, hot topics, new technologies, post or request oil jobs, post or request oil projects, oil field trading, oil equipment trading

Log In

Username

Password

Remember Me



Menu


Random Photo

tracing_tn.jpg
Automated Well Log Digitizer - LOGDIGI, LLC

View Photo
View Photo Album

Horizontal Menu


About OIL-GAS-NEWS.COM

Welcome to oil-gas-news.com

Petroleum Industry Information Exchange Center

The latest petroleum news around the world, hot topics, new technologies, post or request oil jobs, post or request oil projects, oil field trading, oil equipment trading ......

Mission Statement
oil-gas-news.com is designed to be interactive center for current information regarding the peak in global energy supply, new E&P technology, business opportunity. We will publish news and research concerning: The current situation, such as Innovations or partial solutions to this crisis, new technology, Joint Venture Project, new idea, oil & gas production data, economic or societal clues to decline profiles, and relevant institutional pronouncements. Any other issues which assist our understanding of the broader implications of the oil peak.

We welcome original content, and we invite industry insiders and independent researchers to submit their insights and findings relevant to these issues.

How it works
Users of the site contribute articles through the article submission form. Our editors will approved these stories for publication.

We welcome constructive criticism at all times, and invite all readers to leave comments on the articles and also to send feedback by email help@oil-gas-news.com.

Created on 02/04/2003 10:24 AM by admin
Updated on 11/13/2006 02:42 PM by admin
 Printable Version

Today Oil & Gas News

Tuesday, July 28, 2015

Industry Headlines

European Majors Reap Benefits of Cost-Cutting Measures
Statoil and BP are reaping the benefits of cost cutting across their operations.

BHP Plans To Shed Around 100 HQ Jobs As Commodities Tumble
BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices.

I Just Got Laid Off ... Now What?
Career experts offer advice to oil and gas professionals who are looking to move their career forward after layoffs.

Hercules Needs A Hero As Share Prices Sink
In a struggling time for many offshore companies, Hercules Offshore's plan for bankruptcy is sinking its shares prices in an especially tough trading environment.

Chevron to Cut 1,500 Jobs
Chevron will cut 1,500 jobs globally due to the current market environment.

Oil Steadies After 4-Day Loss; US Inventory Draw Eyed
Oil prices steady, with Brent recovering from near six-month lows and US crude settling more than 1% higher.

Anadarko Petroleum Quarterly Profit Lower, Beats Street
Anadarko reports a drop in profit, but results topped Wall Street expectations as the oil and natural gas company improved drilling practices and produced more crude than expected.

Oil Contractor Saipem Slashes Guidance And Jobs In Turnaround Plan
Saipem slashes its guidance for the year as it books writedowns of $1B and announces a restructuring plan that includes 8,800 job losses as it cuts costs to counter falling oil prices.



Monday, July 27, 2015

Industry Headlines

What Now for UK Shale Gas?
Rigzone asks UKOOG Chief Executive Ken Cronin what's next for the UK's nascent shale gas industry.

Oil Hits 4-Month Low On China Stock Market Dive, Supply Concern
Crude oil futures hit 4-month lows after a steep drop in China's stock markets spark concern about the economic health of the world's biggest energy consumer.






Announcements

well log digitization, well log digitizing

Posted by: anonymous on 11/14/2009 11:00 AM (Read: 10663)
Well log digitizing Well log digitization - Logdigi,LLC provides the lowest price well log digitizing, well log digitization service, the highest quality, and the fastest well log digitizing service. Logdigi's automated well log digitizing system is a new strong Competitor of other companies - Well Log Digitizing system. Logidigi's well log digitizing fee is much cheaper than other digitization company. *Well Log Digitization price: average US$19/well *Convert(digitized)paper log to digital log within 2 hours, faster than *ohter well log Digitizer *Accommodate order large and small, rush or long term *Guarantee high quality Service, 100% customer satisfaction *Use automated digitizing software to digitize, automated tracing well log *Quality Control: digitization software has an efficient "Automatic Match Function" *Deliver well-logging data in standard LAS format. LOGDIGI international log experience includes complex and problematic logs from P.R. China (36 oil fields), Russia, Latin America, Europe, the Middle East, and Africa.
Read More

GCAGS/GCPE Convention

Posted by: admin on 09/08/2006 07:44 AM
The Gulf Coast Association of Geological Societies is combining with the Gulf Coast Prospect Expo for one great event scheduled for September 25-27, 2006 in Lafayette, Louisiana. Go to www.gcags2006.com for up-to-date convention details along with on-line registration.


This event repeats daily until 09/27/2006

Also on this Site...

A New Approach to Drilling Directional Wells with Coile
Last updated by admin on 03/24/2013 04:50 PM (Read: 36296 times)

by Matt Varhaug, Oilfield Review editor
Tue, Mar 20, 2007 23:57 GMT

THE WOODLANDS, Texas - Field testing is opening the way for coiled tubing in directional wells drilled in the San Juan Basin of Colorado and New Mexico, USA.

Speaking here at the Intervention & Coiled Tubing Association's (ICoTA) 2007 Coiled Tubing and Well Intervention conference and exhibition, Tony Pink, Drilling Engineering Manager with Schlumberger, described how the San Juan Coiled Tubing Project was launched by BP America to evaluate directional drilling systems used in coiled tubing applications.

[Read More] 497 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


Realtimenews@AAPG: Innovative Techniques Minimize Inter
Last updated by admin on 11/09/2007 12:00 AM (Read: 41257 times)

by Gretchen Gillis
Thu, Nov 9, 2006 01:29 GMT

PERTH, Australia ?Making good reservoir predictions is a crucial endeavor for petroleum geologists, as evidenced by numerous presentations given here at the AAPG International Conference and Exhibition.

Geological interpretations of outcrops, wells, or other data types depend heavily on the skill of the interpreter, and typically are strengthened by the interpreter抯 experience. The oil and gas industry is hiring new geological interpreters at breakneck speed, and often these interpreters collaborate on large projects, so consistency of interpretive approach is desirable.

[Read More] 479 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


Web Delivers Timely Petrotechnical Reference Data
Last updated by admin on 04/04/2007 07:40 AM (Read: 38007 times)

by Gretchen Gillis
Tue, Apr 3, 2007 19:39 GMT

LONG BEACH, California – The drilling, logging and other oilfield equipment of today bears a resemblance to its earliest predecessors. But the volume of data acquired when drilling a well has grown substantially over the years. This volume might leave scientists and engineers wondering what data they have acquired unless they have a photographic memory: the number of well-log curves and parameters exceeds 50,000 and grows by approximately 1,000 curves yearly.

A real-time delivery mechanism improves the acquisition, processing and interpretation workflows by supplying log-curve descriptions and other information via the Web.

[Read More] 252 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


DOGGR: Drilling Through Time
Last updated by admin on 03/24/2007 11:37 PM (Read: 35330 times)

Before Europeans discovered California, Native Americans had discovered uses for petroleum. Asphaltum from oil seeps helped keep arrowheads on their shafts and made baskets watertight.

The Division of Oil, Gas, and Geothermal Resources -- originally known as the Department of Petroleum and Gas -- never regulated the making of arrows or baskets. Its work began in 1915, at a time when the oil and gas industry was a booming free-for-all in need of a referee. Through the 20th Century and into today, DOGGR has helped the oil, gas and geothermal (a relative newcomer) industries maintain productivity while becoming more efficient, diversified and environmentally conscious.

[Read More] 1117 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


Fullbore Formation MicroImager
Last updated by Schlumberger on 09/30/2006 01:57 PM (Read: 35526 times)

Borehole geology, geomechanics and 3D reservoir modeling

Determine net pay
The FMI Fullbore Formation MicroImager gives you microresistivity formation images in water-base mud. This is the preferred approach for determining net pay in laminated sediments of fluvial and turbidite depositional environments.

Visualize sedimentary features
These features define important reservoir geometries and petrophysical reservoir parameters. The interpretation of image-derived sedimentary dip data lets you understand sedimentary structures.

Interpret seismic sections
Well-to-well correlation is difficult in deviated wells with sections of steep and varying structural dip. Greatly improve structural interpretation of seismic sections with high-quality bedding dips to compute accurate logs of true stratigraphic thickness.

Get more data
Geological information from FMI borehole images helps with stochastic modeling of the sand-shale distribution. FMI images define channel heights superbly in amalgamated units. Other variables, such as the channel width and channel sinuosity, can be estimated using geological analogs, based on detailed sedimentological analysis of FMI image data.

Improve well construction plans
Borehole images improve your mechanical earth models which, in turn, help you optimize well plans. Better understanding of borehole stability can save you millions of dollars during field development.

[Read More] 418 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


Better Turns for Rotary Steerable Drilling
Last updated by lai_wmn on 08/20/2006 02:03 PM (Read: 34082 times)

Farther, faster, cheaper, safer. These words describe the drilling results of the newest rotary steerable systems. Substantial advances in the reliability and steerability of rotary steerable drilling systems allow engineers to plan and drill complicated well trajectories in extremely demanding environments. Better still, oil and gas companies save rig time while doing so.

[Read More] 264 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


WHY INVEST IN OIL AND GAS NOW?
Last updated by admin on 08/16/2006 08:35 AM (Read: 42747 times)

[Read More] 579 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


Stratigraphic Column
Last updated by admin on 07/27/2006 08:59 AM (Read: 36900 times)

A stratigraphic column is a drawing done by a geologist that describes what rocks in a cliff wall or underground look like. This allows other geologists, who have never seen these rocks in person, to understand the geology of that area, and perhaps even decide whether or not there is the potential for oil or natural gas to exist in these rocks.

[Read More] 268 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


DOE-backed Consortium Delivers 6 New 'Stripper Well' Te
Last updated by admin on 06/27/2006 03:04 PM (Read: 34576 times)

Joint ventures in technology development by government and industry delivered six new deployment-ready applications in four years to extend the useful life of more than 650,000 stripper wells that deliver almost 15% of America's domestic oil production and almost 8% of natural gas production, according to the U.S. Department of Energy (DOE).

[Read More] 978 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail


What is the Role of Technology in Oil & Gas Production?
Last updated by admin on 06/22/2006 07:37 AM (Read: 40338 times)

When many people think of the oil and natural gas industry, they think of an old, dirty, staid industry using technology from decades ago. The images they see on television or in the movies show oil gushing madly out of wellbore or a mechanical drilling rig with three men in dirty clothes throwing a chain around drill pipe. Most people do not realize how out-dated these images are. Oil and gas is a very technology-oriented industry; many techniques developed by the industry are now used in other industries, including the space program. Technological innovations have made it possible for the oil and gas industry to supply the fuels that power the world economy.

[Read More] 1047 more words - 1 page Printable VersionPrint E-mail this Article to a FriendeMail



Latest Oil & Gas News

Wednesday, July 29, 2015

Latest Oil & Gas News

Kazakh Wealth Fund to Sell 10% in State Oil Firm KMG to Central Bank
Kazakhstan's sovereign wealth fund will see 10 percent of its shares in state oil firm KazMunaiGas to the country's central bank.

Marathon, OMV Hand Back Croatia Oil Exploration Licences
Marathon Oil and OMV return seven offshore oil and gas licenses to Croatia.

How Pipelines Saved America's Biggest Oil Basin From Shale Bust
To understand why US oil production is so resilient, it helps to consider the maze of pipelines running out of Midland, Texas.

Tullow: Ghana TEN Project 65% Complete, On-Track for First Oil Mid-2016
Tullow Oil announces that the TEN project in Ghana is approximately 65% complete and confirms that the field remains on schedule, and on budget, for first oil in mid-2016.

Mexico To Postpone Deep Water Auction, Adjust Next Oil Tender Terms
Mexico will postpone auctions for deepwater oil exploration and production contracts and adjust the terms of upcoming tenders.






Featured Business


Google Services

googlesvcs from Data Management & Warehousing, the Data Warehousing knowledgebase and consultancy

WWW   Site


Advertisement

Web Advertising

Web Advertising
The package includes 4 weeks of 100 x 100 Button ads (a company logo and 200 characters description)which rotate at the home page, 4 weeks of Featured Company rotation through oil-gas-news.com at the most pages. Total value is just $100/month. Contact:
help@oil-gas-news.com

Quotes

"The update quote price of well log digitizing services ($0.29 per 100 curve feet, the new price is 50% lower than local market price)for your geologist, well log analyst, petrophysicist, or petroleum engineer.
Contact: services@logdigi.com
http://www.logdigi.com
" --$0.29 per 100 curve feet digitizing service

Recently Added Documents

Name: DOSBox DOS Emulator
Updated: 06/30/2007 12:29 PM
Name: Free FTP Tools
Updated: 01/05/2007 09:37 AM
Name: Winning The Oil Endgame: Innovation for Profit, Jobs and Security
Updated: 12/28/2006 04:20 PM
Name: Global Climate Change
Updated: 12/28/2006 04:17 PM
Name: Avoiding Dangerous Climate Change
Updated: 12/28/2006 04:12 PM
Name: GetRight 6.1
Updated: 12/28/2006 03:35 PM
Name: Well Log History
Updated: 05/17/2006 01:50 PM

Local Weather


Podcasts

Featured Podcast
Rhame of Credit Suisse Discusses Currencies: On The Economy
(0.79MB) Listen

Featured Channel
Investors
Subscribe

Other Channels
Browse All Channels

Previous 5 Articles


Popular Articles