Posted on February 09, 2017
ITF, Marathon, Repsol launch FracGas II. M-ORSP imaging consortium’s ‘game changing’ depth imaging.
Geovariances, Mines ParisTech team on UncerTZ. DNV, EPRC work on CO2 pipelines. ENI renews with MIT Energy Initiative. AASPI consortium licenses technology to Geophysical Insights.
The UK Industry Technology Facilitator (ITF), with help from Marathon Oil, Nexen and Repsol, has launched a JIP to improve the planning, design and implementation of hydraulic fracturing to ‘maximize the efficiency and profitability of unconventional resources globally.’ The FracGas II JIP will extend Rockfield’s ‘Elfen’ tight gas reservoir software, enhancing its finite element based modelling and microseismic methodology.
The Houston University M-OSRP seismic imaging consortium has produced a summary of its goals and deliverables along with its plans for 2017. M-OSRP notably is developing ‘game changing,’ direct inverse scattering series depth imaging without a velocity model.
Geovariances reports progress on its seismic time to depth conversion software that embeds the findings of the UncerTZ research program, a joint venture between Geovariances and Mines ParisTech.
DNV GL and Australia’s EPCRC have been awarded some NOK 40 million by the Norwegian CLimit Program and Australian’s Department of Industry, Innovation and Science for research into pipeline transportation of large quantities of CO2 from carbon capture and storage (CCS) facilities. A test program will run through to 2019 to develop and validate computer models for CO2 pipeline design and update the DNV-RP-J202 standard for CO2 pipeline operations.
In a $20 million deal, ENI has renewed, for four more years, its membership of the MIT Energy Initiative, an R&D initiative to ‘advance key technologies for addressing climate change, in the areas of solar, energy storage, and carbon capture, utilization, and storage.’
The Attribute Assisted Seismic Processing & Interpretation (AASPI) consortium at the University of Oklahoma has licensed its technology to Houston-based Geophysical Insights. AASPI’s seismic analysis software will be embedded in GI’s ‘Paradise’ big data seismic platform. The deal was announced by AASPI head Kurt Marfurt and GI president and CEO Tom Smith.