We take pleasure in announcing that the OpendTect SSIS II project flies! The project secured funding from ENI, Wintershall and BG International and is further supported by TNO and Dr. Brad Macurda. Additional sponsors are still sought, so we expect more sponsors will join shortly. The official start date is 1 April 2007.

To kick off the project we will organize a one-day sponsor-meeting / workshop at our office in Enschede, tentatively on Tuesday 20 March 2007. At this meeting we will train sponsors in the use of the existing SSIS application. In addition SSIS II plans will be presented and there is time allocated for lively discussions.

Geokinetics and dGB have launched an industry sponsored consortium to develop a commercial system for pre-stack depth migration (PSDM) and velocity model building (VMB) in dGB's OpendTect environment. This system is designed to overcome many of the shortcomings of the current commercially available imaging/velocity model building packages. It is expected to provide the processors and interpreters with a state of the art, easy to use, accurate and efficient interactive system that is based on 3D visualization-style representation of the seismic data.