Houston-based Whittier Energy Corp. takes top honors as the fastest-growing US-based oil and gas producer for the final quarter of 2005 compared to the same period in 2004 (see OGJ200 Quarterly, page 44).
EDITOR’S NOTE: In the March issue of OGFJ (Editor’s comment, "A baffling choice"), we take the American Association of Petroleum Geologists to task for giving novelist Michael Crichton, a non-journalist, its annual Journalism Award.
Roxar is opening of a new training center in Puerto La Cruz, Venezuela. The new facility is in response to increasing customer demand throughout the region for Roxar’s reservoir modeling and simulation products, including IRAP RMS™ and Tempest™.
With operations in 30 countries and equity market capitalization of nearly $6 billion, Houston-based Pride International operates one of the largest drilling fleets in the world.
Over the last several years, many E&P companies have taken a hard look at their internal processes in a quest to drive down costs and increase production.
Advances in seismic technology and reservoir modeling have proven their worth time and time again in oil and gas exploration and in improving recovery from existing fields.
Lime Rock Partners, a private equity firm focusing on the energy industry, has acquired a stake in IDM Equipment Inc., a Houston-based supplier of drilling rigs and integrated drilling systems.
Noble Energy Inc. is the apparent high bidder on eight deepwater lease blocks on which the company bid at the central Gulf of Mexico Outer Continental Shelf sale 198, held March 15, 2006.
