Siem WIS said positive results from CircSub tests

Siem WIS said positive results from CircSub tests

Siem WIS, a company 60% owned by Siem Offshore, is pleased to announce that the test of the Siem WIS CircSub at the Weatherford Technology and Training Centre in Aberdeen has been completed with positive results.
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Roxar launch Fieldmanager and Fieldwatch

2008.04.15 - Technology

Roxar, a leading technology solutions provider to the oil and gas industry, today announced the launch of Roxar Fieldmanager and Fieldwatch, providing operators with a common desktop for the visualization, monitoring, analysis and interpretation of their reservoirs.

Roxar Fieldwatch is a specialized Windows-based field monitoring system enabling E&P operators to ‘watch their fields’ remotely, and Roxar Fieldmanager is a comprehensive production data management system, allowing them to manage and interpret the field’s data. Both solutions are built on Roxar’s data acquisition technology, DACQUS®.

The rapid retrieval and display capabilities of both applications will also give the user the ability to quickly visualize the data and identify trends, patterns or areas of interest for further analysis. The result will be increased information and reduced uncertainty when making crucial production optimization and reservoir management decisions.

Said Roxar CEO, Gunnar Hviding:

“E&P companies today require a complete picture of their reservoir, but are all too often overwhelmed by raw data with a single oil or gas field generating up to one terabyte of data per day . Whether it is temperature, pressure or flow rates, Roxar Fieldmanager and Fieldwatch are playing a crucial role in transforming this raw data into valuable decision-making information and providing a complete solution from field instrument through to desktop.”

He continues:

“With today’s E&P operator demanding an integrated, reservoir monitoring and asset management system, where the economic impact and risk of reservoir management decisions can be fully assessed, the timing of Roxar Fieldmanager and Fieldwatch’s market introduction could not have been better.”




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