ABSTRACT
Globally the upstream sector of the oil and gas industry has for many years depended on cutting edge technology as a major catalyst of the phenomenal success recorded to date. Advanced technology is extensively applied in 3-D seismic data acquisitions and processing facilitated by high performance PC series, storage capabilities and mobile communication devices. The sector depends on various forms of data and management information, production accounting, well logs and other technological devices which propel the industry. Trends in the industrial and commercial sectors point to the increasing demand for oil and gas as feed stock in the petrochemical industry and for energy in the broader industrial sectors. Areas of application of oil and gas resources continue to expand, but sadly, these resources are finite and depletable. Therefore there is a conscious effort to deploy a gamut of data and information management devices to improve the performance of reservoirs. The devices are also designed to engender cost effective performance in production and elevate the economic threshold of the portfolio of assets.
