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February 2009

On this month's cover: Cover art courtesy of American Augers. The image is of a rack and pinion American Directional. Drill branded VR-500, which offers 226 t of hook load. It is equipped with two 700 hp. twin Caterpillar diesel engines and has a maximum drilling depth of 4572 m.


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Contents

Comment
Editorial comment

World News
World News

An Overview of Project Finance
Nick Prowse, Edmund Grobel and Camilla de Moraes, Norton Rose LLP, UK, assess the current state of the market and consider the future of project finance

The Funding Project
Bora Bariman, Bank of Scotland Corporate, UK, takes a look at project finance in the oil and gas sector

Keeping Hold of Younger Workers
Craig Hodges, Microsoft, USA, explores how to attract and retain younger workers through IT innovation

4D Seismic Continues to Grow
Gordon Cope, Oilfield Technology Correspondent, explains how 4D has advanced from the minors to the big league

Seabed Seismic Acquisition
Malcolm Lansley, Mark Farine and Michael Briggs, Sercel, USA, discuss a system for seismic surveys

Single Well Acoustic Imaging
Xiaoming Tang, Doug Patterson, Baker Hughes, USA and Joe L. Ratigan, PB Energy Storage Services Inc., USA, discuss mapping structural geology from solution mined storage cavern wellbores

Sophisticated Drilling Ideas
Dr. Prabhakaran Centala, Smith Technologies, USA, looks at how a sophisticated dynamic modelling system accurately identifies potential drilling problems and helps optimise bit/BHA before drilling commences Rob Foster, American Augers, USA, discusses vertical drill rigs with rack and pinion designs

The Future of Drilling Rigs
Rob Foster, American Augers, USA, discusses vertical drill rigs with rack and pinion designs

Common Problems in Extreme Conditions
Tony Furniss, Enventure Global Technology, UK, addresses obstacles by looking at high performance expandable technology

Looking Ahead of the Bit
Peter Gonzalez, Halliburton, USA, describes a new software application aiming to solve problems before they occur

A New Form of Shaped Charges
Matt Bell, GEODynamics, USA, describes a method to improve perforating efficiency and well performance

Handling Ageing Assets
David Smith, Celerant Consulting, UK, argues that optimising production from ageing assets is a necessity, and that a lot more can be done now to prepare for future demand

CO2 Enhanced Oil Recovery: Part 2
Barry M. Friedman, Johnny E. Johnson, Richard J. Wissbaum and Lindsay Auble, Washington Division-URS, USA, look at how to obtain rich associated gas from CO2 floods

Structured Information Management
Martin Brokke, Eldar Misund and Richard Mapleston, Shell, The Netherlands, evaluate the Ormen Lange project


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