CTC Pulsonic Announces Award of Major 3D Processing Contract

CTC Pulsonic of Calgary, which in July of this year became part of the Core Laboratories group of companies, announced that it has been awarded the seismic data processing contract for a large marine 3D project recently acquired off the East coast of Canada. The Intrepid survey is over 600 square kilometers in size and is situated south of Sable Island, which is approximately 200 km south of Halifax, Nova Scotia.

This project, operated by Mobil Canada, is part of the ongoing exploration work being undertaken by a consortium of companies. The other companies involved in the project are Imperial Oil Limited and Shell Canada Limited.

The Intrepid survey is the third survey that CTC Pulsonic has processed in the Sable area. A previous project, the Arcadia survey, contained more than seven terabytes (7,000 billion bytes) of raw input data that ultimately rendered a detailed, 3D image of the earth's crust extending 10 kilometers below the ocean floor.

Vasudhaven Sudhaker (Sudha), President of CTC Pulsonic has recently announced that the large scale computer systems of CTC will be Significantly upgraded with the addition of eight gigabytes (8,000 million bytes) of main memory.

Veritas DGC Inc., Veritas Energy Services Inc. and Enertec Resource Services Inc. Announce Completion of Business Combination

Veritas DGC Inc., Veritas Energy Services Inc. and Enertec Resource Services Inc. jointly announced that Veritas DGC has acquired Enertec in a previously announced stock-for-stock transaction. The transaction closed and became effective September 30th, 1999.

"We are excited about completing this transaction in advance of what we expect to be a very busy winter in the Canadian market place" commented Tim Wells, President and Chief Operating Officer of Veritas. "All Enertec and Veritas personnel have completed plans to integrate the combined operation so that we can meet our customers' strong demand for both multi-client and proprietary acquisition in the most effective way."

CIBC World Markets acted as financial advisor for Enertec regarding the transaction.

Petroleum Communicators Network Launched

The Petroleum Communication Foundation (PCF) recognizes that petroleum industry communicators must respond to an increasingly complex and difficult set of issues. You are invited to join a PCF-led communicators network for those in public affairs or policy positions within the petroleum industry.

The network will feature:

  • informal and informative presentations on new industry studies and developments.
  • previews of new PCF publications.
  • opportunities for networking and sharing communication challenges and successes with industry peers.
  • e-mail updates advising you of upcoming events and industry news.

There is no fee to join.

For more information or to join, contact Jennifer Lomas, Communications co-ordinator, at (403) 264-6179 or through e-mail at jennifer.lomas@pcf.ab.ca.

GMA Expands its Technology Base Through the Acquisition of NTI Newspaper Technologies Inc.

Geophysical MicroComputer Applications (International) Ltd. (GMA) announced it has completed the acquisition of all of the issued and outstanding common shares of NTI Newspaper Technologies Inc. (NTI), a privately held Alberta Corporation. To complete this transaction, GMA has issued 3.735 million shares from treasury and converted $1.5 million of debt into common shares of NTI.

Dynamic Graphics Previews EarthVision 6 on Windows NT And Linux at SPE in Houston

Dynamic Graphics, Inc. previewed the EarthVision 6 on Windows NT and Linux operating systems at the annual meeting of the Society of Petroleum Engineers in Houston during the first week of October. Earth Vision 3D modeling and visualization software already enjoys a reputation for building accurate structural models on the Unix operating system. EarthVision 6 offers this same dependability for more portable and lower cost PC laptops and workstations.

Baker Hughes INTEQ recently announced that it has selected EarthVision software to improve the accuracy and efficiency of drilling deviated and horizontal wells within oil and gas reservoirs.

EarthVision 6, to be released early next year, includes a faster, more robust, and more flexible export to the POSC industry standard RESCUE model exchange format for input to reservoir simulator upscaling packages. An enhanced Workflow Manager for rapid model building and updating, new well display modules and well path enhancements, as well as new SeisWorks .3dv data import and display are also highlighted in this release.

Veritas Industry Courses

The first industry course titled Exploration – From Geology to the Seismic Section, is a two-day course that takes participants through a qualitative approach to geological, seismic acquisition and processing principles, leading into the seismic response to geology in which various examples of geological features on seismic sections are discussed.

The second two day course in the series, Seismic Interpretation - Images of Geology, is designed for geologists, engineers and others needing a solid introduction to seismic interpretation principles. Emphasis is placed on the correct imaging of geology, followed by a section on pattern recognition of both structural and stratigraphic examples.

The courses will be given at Veritas GeoServices' downtown Calgary location, 2200, 715 - 5th Avenue S.W., from 8:00am 5:00pm on the following dates:

November 9 & 10, 1999
Seismic Interpretation: Images of Geology

November 25 & 26, 1999
From Geology to the Seismic Section

January 18 & 19, 2000
From Geology to the Seismic Section

February 8 & 9, 2000
Seismic Interpretation: Images of Geology

Course Fee: $500.00 plus GST. Group rates are available.

Contact Veritas by phone at (403) 205-6257 or by email atregister@veritasdgc.com to register or for information on customizing the course for your company's in-house training requirements.



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