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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (4034)	2/22/1999 7:41:00 PM
From: Cheeky Kid	Respond to of 9818

Oil Industry OK for Y2K abcnews.go.com >>>>However, the API study found that embedded chips do not pose a significant problem for the industries," Ron Quiggins, director, Year 2000 Program, Shell Services and chairman of the API Year 2000 Task Force, said in a statement. "We're not finding the embedded chip failures that we thought we had."<<<<<

To: John Mansfield who wrote (4034)	2/22/1999 9:46:00 PM
From: flatsville	Respond to of 9818

Trouble in the Oil Patch--This poster has done a very good job of keeping up with oil and gas news as it pertains to y2k. See: x9.dejanews.com[ST_rn=ap]/getdoc.xp?AN=445422880&CONTEXT=919736434.762511430&hitnum=50 x9.dejanews.com[ST_rn=ap]/getdoc.xp?AN=442134209&CONTEXT=919736434.762511430&hitnum=79 (Read all three segments) He notes in the above dejanews link in response to another poster: Check out <http://www.gulfpub.com/wo/wo.html> to read the now famous MCI Systems House report (for Gulf Oil) that specifies how many embedded systems can be remediated industry-wide if an oil company started remediated embeddeds as of April, 1998. Also note that not many companies had started by that date. Susan, the wording of that paragraph is tricky, so keep this in mind: They are saying that only 30% of all failure-prone embeddeds can be remediated in an oil production environment if the company were to start as of last April. That doesn't mean that production would be cut to 30%. They don't even guess as to what that would look like. If 70% of the failure-prone embeddeds fail in an oil rig, then you can make your own assumptions as to what that will do to production totals. (Unfortunately the link he gives no longer works for the report. I'll search for a working link and post it.)

To: John Mansfield who wrote (4034)	2/22/1999 9:57:00 PM
From: flatsville	Read Replies (1) \| Respond to of 9818

Forgot to give you this wonderful bit of news just released last month...So now who are we to believe? x9.dejanews.com[ST_rn=ap]/getdoc.xp?AN=443317345&CONTEXT=919736434.762511430&hitnum=106 Message 107 of 6022 for search ~a (phinias_t_phoobar@my-dejanews.com) & ~g (comp.software.year-2000) return to search results help Oil and Gas: The truth from FERC Author: phinias_t_phoobar <phinias_t_phoobar@my-dejanews.com> Date: 1999/02/11 Forum: comp.software.year-2000 sponsored by: ---------------------------------------------------------------------- Even Phin is in a state of disbelief over numbers found at <http://www.ferc.fed.us/y2k/res0898.pdf> re: oil and gas survey conducted by their industry in September of 1998. You need Adobe Acrobat to access the survey directly. The above web site is maintained by FERC - the Federal Energy Reglatory Commission (not the DOE). 638 oil and gas companies from across the US responded to the survey. They represented 45% of the oil and gas production in the US, and 78% of US refining capability. That is somebody to whom we pay attention. The survey results damn the oil and gas industries thusly: 1. Out of the 638 respondents only 71 were prioritizing their Action Plans. In other words, only 71 companies decided that their Microsoft Word documents were less important than their accounting systems or embedded production systems. 105 responded that prioritization was not applicable to their plans. 2. Out of 638 respondents only 77 had "testing" built into their Action Plans. Again, the time period is late 1998 and only 77 of the companies had plans to test their systems. 410 said they had no plan and 152 said testing was n/a - not applicable. 3. Only 101 had a plan element to cover safety, health and the environment. "Gas explosion" comes to mind, along with, "Oil spill", and, "Burning oil rig". 4. 449 reported that they had started development on, or completed, a contingency plan for their production environment. If you thought Y2K was no sweat, then why are 449 of the companies into contingency planning in 1998? Is it simply good planning? Then why didn't they also plan to test their systems? 5. Only 411 companies had embedded systems. Out of the 411, only 209 said they would be Y2K ready by first quarter of 2000. That's about half. And that's by their own estimates. And that's to make their systems "ready", not compliant. 6. In addition to the completed surveys (638) there were 32 companies that did not fill out a survey. Instead they submitted "company prepared form letters." The prosecution rests. Off: Reality Receptors. On: OJ Response. - pHINIAS t. pHOOBAR (distant cousin of Phinias T. Bluster) -----------== Posted via Deja News, The Discussion Network ==--------- dejanews.com Search, Read, Discuss, or Start Your Own -------------------------------------------------------------------------------- Copyright © 1995-99 Deja News, Inc. All rights reserved. Conditions of use · Site privacy statement reviewed by TRUSTe