Showing posts with label Releases. Show all posts
Showing posts with label Releases. Show all posts

Friday, June 14, 2013

UK HSE report: Reportable hydrocarbon releases nearly halved over three years

Posted on 14 June 2013

The UK oil and gas industry has achieved a 48% reduction in the number of reportable hydrocarbon releases over three years, the annual Health & Safety report published on 13 June by Oil & Gas UK found. The study also showed that the oil and gas sector has the third-best performance in the UK in terms of non-fatal accidents, with a better safety record than the public sector and the retail and general manufacturing sector. “This year’s Health & Safety report shows that the industry’s unwavering commitment to continuous improvement in the safety of offshore workers is bearing fruit,” Oil & Gas UK’s health and safety director Robert Paterson said.

Other findings of the report included:

• A noticeable and steady reduction in the incidence of over-three day injuries to an all-time low;

• No fatalities and a reduction in combined fatal and major injury rates, and in all types of dangerous occurrences; and

• An all-time low in Level 3 verification non-compliances that relate to performance standards of safety-critical equipment identified by an independent competent person.

“In all this progress, our industry’s safety organization, Step Change in Safety, has played a leading role, and most of the improvement is down to the focused, collaborative effort of companies, workforce representatives, trade unions and the Health and Safety Executive in Step Change,” Mr Paterson said. “However, there is no room for complacency. While the review that followed the Piper Alpha disaster provided the foundation for what is now one of the most robust offshore health and safety regimes in the world, the approaching 25th anniversary of that tragedy only serves to remind us that we must never stop at striving to make things safer. Continued engagement of all parties through Step Change in Safety will be crucial in that effort.”


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Thursday, May 10, 2012

Baker Hughes Releases JewelSuite 2012 Reservoir Modeling Software

HOUSTON, TEXAS (Apr. 30, 2012) – Baker Hughes announces the release of JewelSuite™ 2012, the latest version of the global oilfield service company’s reservoir modeling software that makes it simple for operators to evaluate potential sweet spots and analyze thousands of wells.

JewelSuite 2012 reservoir modeling software now offers enhanced functionality with a complete workflow for unconventional plays. An ongoing dialogue with current Baker Hughes customers assisted in the development of the newest version of JewelSuite. The 2012 software improves the understanding of unconventional plays with integrated 3-D models that enable visualization of all relevant datasets.

The software now includes Blue Marble Geographics’ GeoCalc™ coordinate transformation library ensuring correct well placement and offers a workflow for unconventional plays that enables sweet spotting from regional models to detailed reservoir or well models. Users can easily analyze sector models and run different production scenarios. The ability to study a smaller subsection without recreating the model allows for the comparison of different sweet spots quickly, as well as a juxtaposition of the impact different fracture plans may have.

JewelSuite 2012 also offers improved performance and usability. It can handle very large data sets and allows customers to view and analyze thousands of wells at once. Additionally, JewelSuite provides improved efficiency through enhanced connectivity to Computer Modelling Group’s IMEX™ and GEM™ reservoir simulators, also using Tartan and LGR gridding. This allows for the analysis and optimization of detailed flow behavior around the wellbore and its fracture stages.

The latest version of JewelSuite also incorporates enhanced Multi Point Statistics through a more intuitive interface with faster run times, and enables batch processing of property modeling. The latest software offers a significant step to helping operators develop the tailored plans they need in today’s unconventional plays.

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Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 58,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources.

Please note: All trademarks are the property of their respective owners.

JewelSuite Reservoir Modeling Software image

Quickly build and update complex reservoir models accurately. With our geomechanic and hydraulic fracturing software, we build targeted workflows for unconventional plays.

View All Reservoir Software Reservoir Software image

Manage the most complex reservoir modeling, geomechanics, and hydraulic fracturing simulation tasks. Now, you can improve project performance with optimally integrated workflows.

View All Reservoir Development Services

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