Happy Canada Day! Here is the news.
Scotian basin revivial?
Geologist–reporter Susan Eaton has a nice piece in the AAPG Explorer this month, explaining why some operators still see promise in the Scotian Basin, on Canada's Atlantic margin. The recent play fairway analysis mentioned in the report, however, is long overdue and still not forthcoming. When it is, we hope the CNSOPB and government promoters fully embrace openess and get more data into the public domain.
Yet another social network!
In the wake of LinkedIn's IPO, in which the first day of trading was over 500 times its net earnings in 2010, many other social networks are starting to pop up. Last month we mentioned SEG's new Communities. Finding Petroleum is a new social network, supported by the publishers of the Digital Energy Journal, aimed at oil and gas professionals. These sites are an anti-trust anomaly, since they almost have to be monopolies to succeed, and with so much momemtum carried by LinkedIn and Facebook, new entrants will struggle for attention. Most of the Commmunities in SEG seem to be essentially committee-based and closed, and LinkedIn micro-networks are getting chaotic, so maybe there's a gap here. Our guess is that there isn't.
The oil & gas blogosphere
Companies are increasingly turning to blogging and social media tools to expand their reach and promote their pursuits. Here are a couple of industry blogs that have caught our eye recently. If you are looking to read more about what's happening in subsurface oil and gas technology, these blogs are a good place to start.
- DownUnder GeoSolutions (aka DUG)
- geoLOGIC (good for geoSCOUT users)
- Paradigm TV on YouTube
- Geophysical Insights (consultants)
- Exprodat (must-read if you’re using ArcGIS)
- IAGC (under its Geophysics Rocks! site)
If you use a microblogging service like Yammer, you may not know that you can also follow Twitter feeds. For example, here's a Twitter list of various companies in oil & gas.
Job security in geoscience
Historically, the oil and gas industry follows hot and cold (or, if you prefer, boom and bust) cycles, but the US Bureau of Labor Statistics predicts geoscience jobs will be increasingly in demand. A recent article from The Street reports on these statistics suggesting that the earth science sector is shaping up to be genuinely recession proof. If there is such a thing.
Agile* apps update
We're happy to report that all of Agile's apps have been updated in the last week, and we have a brand new app in the Android Market! The newest app, called Tune*, is a simple calculator for wedge modeling and estimating the amplitude tuning response of thin-beds, as shown here.
In our other apps, the biggest new feature is the ability to save cases or scenarios to a database on the device, so you can pull them up later.
Read more on our Apps page.
This regular news feature is for information only. Apart from Agile*, obviously, we aren't connected with any of these organizations, and don't necessarily endorse their products or services.
On the first story, about exploration potential offshore Nova Scotia, it seems as if the play fairway analysis is available, for free, but only to oil and gas companies. We hope that one day it is published openly, since it's hard to see what the disadvantages are of releasing it. Also, Susan Eaton, the author of the piece in AAPG Explorer, asked me to point out that there are actually several related stories in the issue: please have a look here.