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1980s oil glut. The 1980s oil glut was a significant surplus of crude oil caused by falling demand following the 1970s energy crisis. The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $129 per barrel in 2023 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($75 to $28 in 2023 dollars).
Petrel (reservoir software) Petrel is a software platform used in the exploration and production sector of the petroleum industry. It enables the user to interpret seismic data, perform well correlation, build reservoir models, visualize reservoir simulation results, calculate volumes, produce maps and design development strategies to maximize ...
Doll came to the United States in 1941 and became an American citizen in 1962. His marriage with Annette Schlumberger ended in divorce. His second wife was the ballerina Eugenia Delarova, who was once married to the choreographer Léonide Massine. References. Wayback Machine; Search Results - Schlumberger Oilfield Glossary; Obituary in New York ...
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as conventional ...
MISC Berhad ( MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad.
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Techlog is a Schlumberger owned Windows based software platform intended to aggregate all the wellbore information. It allows the user to interpret any log and core data. It addresses the need for a single platform able to support all the wellbore data and interpretation integration workflows, reducing the need for a multitude of highly specialized tools.
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