05.07.2009
Companies that can provide integrated design, engineering, procurement, construction and project management services for the energy, infrastructure and petrochemical sectors. Service can include for instance engineering, procurement, fabrication and installation of offshore wellhead and process platforms including topsides and jackets, risers, submarine pipelines, underwater cables, single buoy mooring systems, etc.
A material that is used in a gas dehydrator to remove water and moisture
Centrifugal device for removing sand from drilling fluids
Removal of salt from crude oil. Desalting is preferably performed prior to commercialization of the crude, and must be performed prior to refining
Central lifting structure of a drilling rig which raises and lowers and provides rotary motion to the drilling pipe. Used to support the crown blocks and the drillstring of a drilling rig. Derricks are usually pyramidal in shape. The tower-like structure that houses most of the drilling controls
The Market on which futures, such as derivatives are sold. Sales are made on the basis of a guaranteed future sale at a current price, which is known as the “underlying”. The terms “contracts” or “products” are often applied to denote the traded instrument
The relaxation, reduction or complete removal of legislated restrictions from an industry or industry sector whose activities were previously under strict government supervision. In the energy industry, it typically refers to restructuring legislation to de-monopolize the industry and create an environment for competitive business practices
The process of transforming seismic data from a scale of time (the domain in which they are acquired) to a scale of depth to provide a picture of the structure of the subsurface independent of velocity. Depth conversion, ideally, is an iterative process that begins with proper seismic processing, seismic velocity, analysis and study of well data to refine the conversion. Most geoscientists in the petroleum industry are dealing with the problem that seismic information is usually displayed in some form of a time section, be it a time stack section or a time-migrated section. Drillers, engineers, geologists, geophysicists, and earth scientists in general describe the earth in depth, as in “x” number of feet to target, “x” number of feet of oil column, etc. How do you get easily from time to depth? The answer depends on the desired level of complexity, which is usually dictated by how soon something is needed or how much it will cost. The overall process is called depth conversion, although some prefer to be more rigorous and call it depth migration. The simplest definition of depth conversion is the conversion of some measurable time quantity into some understandable value in depth.