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Schlumberger to Acquire Norway-Based SPT Group

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Schlumberger announced that it has entered into an agreement with Altor Fund II to acquire SPT Group—a privately owned software company specialized in dynamic modeling for the oil and gas industry.

The company provides a combination of software and consulting services for multiphase flow and reservoir engineering applications. Closing is subject to customary regulatory approvals.

“The dynamic modeling and reservoir optimization software of SPT Group will complement the existing Schlumberger production software portfolio,” said Tony Bowman, President, Schlumberger Information Solutions (SIS). “In combination with the Petrel* E&P software platform and other SIS technologies, this will enable customers to further optimize production from reservoir performance to processing facilities.”

“This is a great testament to our employees and a remarkable opportunity for the company,” commented Tom Even Mortensen, Chief Executive Officer of SPT Group. He continued, “Combining the skills, abilities, presence and technologies of the two companies will further increase the scale of our activities and enable continued delivery of products and services with the quality and pace the market demands.”

SPT Group Chairman and Altor Partner Reynir Indahl added, “We are proud to have developed a very successful company together with SPT Group management, and believe that Schlumberger will be a great home for SPT and its employees.”

SPT Group, founded in 1971, is headquartered in Norway and employs approximately 280 people in 11 countries worldwide. The company is a leader in dynamic modeling of multiphase flow and reservoir optimization through renowned software products and a global team of professional consultants. SPT Group has invested more than most comparable firms in developing cutting-edge technology. The company’s employees, global presence, close ties to industry research environments, and clear focus on customer needs have been important factors in its success.

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WellEz Updates Wellbore Schematic Software for Drilling & Completion Reporting

WellEz (http://www.wellez.com) released a significant upgrade to their wellbore diagram feature, allowing users to see both vertical and horizontal wellbore diagrams, including casing info and downhole equipment

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Wellbore Schematic for Completions Operations

Instead of creating wellbore diagrams manually in spreadsheet programs or by-hand, our system creates the entire diagram automatically

Houston, Texas (PRWEB) February 15, 2012

WellEz released a significant upgrade to the wellbore schematic component on January 24, 2012. The new wellbore schematic allows users to see both vertical and horizontal wellbore diagrams, and is automatically populated throughout the entire well lifecycle (from drilling through completion).

“Our clients will see a major benefit in time-savings” said Fernando Salazar, Technical Coordinator at WellEz Information Management. “Instead of creating wellbore diagrams manually in spreadsheet programs, or by-hand, our system creates the entire diagram automatically.”

The updated wellbore diagram component requires no input from the operator. The entire wellbore schematic is created based on drill bits, casing, and bottom hole assembly information already entered by field personnel.

Updates to the system will allow the wellbore schematic to show deviation based on survey entries, and will automatically populate diagram information from one job in the well to the next (ex. Drilling to Completion).

WellEz is also offering an expanded library of component icons. When filling out bottom hole assembly items for the drilling morning report, or entering the tubing string in a completion job, users will be able to select from a wide-variety of pre-configured icons. Additionally, packers and perforations will be displayed in the diagram during the completions phase of the well.

About WellEz

Founded in 2000, WellEz Information Management is a privately held, international oilfield service company located in Houston, Texas. The leading provider of field reporting tools for drilling, completions, and other operations, WellEz is staffed by experienced oil and gas professionals and a team of highly qualified software developers. The company’s web‐based field software for well lifecycle reporting is the comprehensive solution to limitations, user difficulties, and support issues that are often encountered with traditional reporting software. For more information, visit our website.

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Anonymous bring down Interpol website in retaliation for 25 arrests

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Supporters of the Anonymous hacker group attacked Interpol‘s main website after the international police agency conducted a number of hacker arrests across the globe.

­The website Interpol.int was unreachable for a half hour on Wednesday, Forbes reports. Access was later restored, although the loading time remains slow. The attack appears to have been conducted using a botnet. Anonymous Twitter accounts tweeted “interpol.int seems to be #TangoDown. We can’t say that this surprises us much,” and “Looks like interpol.int is having some traffic issues. Now who would have expected that?”

The attacks came as Interpol announced the arrests of 25 suspected Anonymous members, aged between 17 and 40, who it alleges planned coordinated cyber-attacks against Colombia’s defense ministry and presidential websites, Chile’s Endesa electricity company and national library, among other targets. The arrests were part of Operation Unmask, during which police in Colombia, Argentina, Chile and Spain seized computers, mobile phones, credit cards and cash at 40 locations in 15 cities.

Among the 25 under arrest are four Anonymous hackers detained by police in Spain earlier on Tuesday under claims that they conducted attacks on Spanish political parties’ websites. The Spanish National Police also said two servers in Bulgaria and the Czech Republic had been blocked as part of Operation Unmask, and that a manager of Anonymous’ operations in Spain and Latin America, known by the aliases “Thunder” and “Pacotron,” was among those arrested.

The four are also suspected of vandalizing websites, conducting DDoS attacks and publishing sensitive data on police officers assigned to Spain’s royal palace and its prime minister’s office.

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