Author's details

Name: Chris Friedemann
Date registered: March 14, 2011

Latest posts

  1. Happy Pi Day (3.14.15 9:26:53) — March 14, 2015
  2. neoSCAN in Action: East Continent Rift Basin, USA — March 12, 2015
  3. Narrated Slideshow: neoSCAN Keeps Explorers Exploring — March 2, 2015
  4. Oil Price Impacts on Offshore Drilling — February 27, 2015
  5. neoSCAN in Action: Athabasca Uranium Deposits, Canada — February 26, 2015

Most commented posts

  1. Introducing Neil O’Sphere… — 6 comments
  2. SEG Presentation: An Introduction to NEOS and Multi-Physics Interpretation in Oil & Gas Exploration — 6 comments
  3. Hyperspectral 101 — 6 comments
  4. Characterizing Unconventional Shale Reservoirs — 5 comments
  5. Fracture Detection Using a Multi-measurement Methodology — 3 comments

Author's posts listings

Happy Pi Day (3.14.15 9:26:53)


  Happy Pi Day – March 14, 2015 @ 9:26AM!!!

neoSCAN in Action: East Continent Rift Basin, USA


Before Pangaea (the supercontinent that existed 300-100 million years ago), there was another supercontinent called Rodinia (which means The Motherland in Russian). Rodinia existed 1,100-750 million years ago in a geologic eon referred to as the Precambrian, which classes all geologic time periods from the formation of the Earth 4.55 billion years ago until 543 million …

Continue reading »

Narrated Slideshow: neoSCAN Keeps Explorers Exploring


Low oil prices and tight budgets don’t mean you need to stop exploring. NEOS recently announced the launch of its second generation neoSCAN™ solution (click here to read the press release), an offering designed to keep explorers exploring even in a $50 oil world. Requiring no new data acquisition, the neoSCAN helps you get the most …

Continue reading »

Oil Price Impacts on Offshore Drilling

Fleet Status for Diamond Offshore
Red Lines = Recently Cancelled Rigs; Purple Rectangles = Stacked or Unutilized Rigs

I ran across an interesting article the other day that highlighted some of the impacts the recent oil price decline and budget cuts have had on the offshore drilling market.  It got me curious, so I pulled up the 10-K for Diamond Offshore (one of the largest offshore drilling contractors) which was referenced in the …

Continue reading »

neoSCAN in Action: Athabasca Uranium Deposits, Canada

Claim holdings in the Athabasca Basin, Saskatchewan, Canada

The Athabasca Basin is a 100,000 km2 region of northern Saskatchewan, Canada that is home to the world’s leading source of high-grade uranium. The basin is filled with sandstone sediment varying from 100 to 1,000 metres in depth. The uranium ore is mostly found at the base of this sandstone, at the point where it meets the basement. …

Continue reading »

The neoSCAN – Keeps Explorers Exploring in a $50 Oil World


[pullquote align=”left|center|right” textalign=”left|center|right” width=”40%”]With these prices, it will be difficult to justify a new acquisition program. We’ve got to make sense of all the data we already have![/pullquote] This is an actual and recent quote from a Global Basin Studies manager at one of Europe’s most successful oil & gas exploration companies. And I’m sure …

Continue reading »

Biggest Weekly Rig Count Decline Since 2000

BHI Rig Count_02-13-2015

98 rigs were idled last week, the biggest weekly drop in the Baker Hughes Rig Count since 2000, with nearly half of that decline coming out of Texas alone! And take a look at this interesting picture below from NAPE.  It shows the number of wells earning their cost of capital at $100 (upper left), …

Continue reading »

Oil Prices: Is the Tide Turning?

Change in North America Land Rig Count (courtesy Baker Hughes)

In prior posts, we highlighted some of the reasons oil prices collapsed and, more importantly, opined on when we might begin to turn the corner. Based on some of the most recent Baker Hughes Rig Count data, it looks like the process has begun. Looking at the chart above, we see a dramatic fall off …

Continue reading »

First Look Data: Lebanon neoBASIN Program


NEOS has just released some First Look interpretive products from its Lebanon neoBASIN project. Originally scheduled for delivery in late March, the First Look products have actually been delivered to the project’s underwriters in early February, nearly 2 months ahead of schedule. Click here (or on the image above) to access the narrated slideshow which …

Continue reading »

Amazing Satellite Images from Around the World


To see more of these satellite images, click here or on the image above.

Older posts «