Collaborations will seek cheaper fuel sources

As it becomes increasingly risky to look for lucrative new discoveries at the frontier of the petroleum industry and as the price of crude oil is at a low, engineers say there is a pressing need to find techniques for lower exploration costs. To address this issue, a conference, "European Innovations for Enhanced Petroleum Reservoir Characterisation and Management", will be held in Vienna, Austria, on 15 and 16 April 1999.

The event will provide oil operators, contractors and technology developers with the opportunity to hear about new European technologies that are contributing to this objective, many of which have received funding from the European Commission's THERMIE programme.

The technical areas covered will include:

- Diagenesis / diagnetic modelling;
- Fault prediction / fault seal;
- Production forecasting/managing uncertainty;
- 4-D seismic;
- Innovative technologies for downhole monitoring;
- Reservoir fluid flow;
- Overpressure detection;
- Secondary migration;
- Drill bit seismic as an aid to well placement;
- Improved reservoir characterisation.

In addition, a representative of the European Commission will give a presentation on funding opportunities for the hydrocarbons industry under the EC's Fifth Framework Programme.
Copies of the programme and registration form can be obtained from:

Jane Kennedy
CMPT
Fax +44-0870-6083480
E-mail: j.kennedy@cmpt.com