Posts filed under ‘Geoscience & Exploration Solutions’

SMT Reveals Next-Gen Geology Software

Seismic Micro-Technology (SMT) previewed its newest software enhancement, KINGDOM EarthPAK Advanced, at the annual American Association of Petroleum Geologists (AAPG) Annual Convention in New Orleans. The release introduced the next generation of geology, integrating leading-edge science across the entire exploration and production workflow to improve productivity. EarthPAK is the latest addition to the KINGDOM Advanced family, introduced last year with its patent-pending horizon tracking technology. With KINGDOM Advanced, geoscientists, engineers, and managers can all work together in the same software.

            “As oil and gas fields mature and new plays become more complex in nature, field evaluation has become increasingly collaborative,” said Stan Abele, VP Product Management, SMT. “To conduct full field analysis and development, asset teams incorporate geologic, geophysical, production, and economic information. Our goal is to integrate the workflow so companies can make decisions faster.”

            The new reserves and economic evaluation functionality includes advanced volumetrics to better estimate uncertainty and sensitivity in identifying reserves. Monte Carlo simulation allows for simultaneous evaluation of multiple reservoirs to analyze the range and probability of potential 1P, 2P and 3P estimates. The multi-segment decline curve analysis capability supports more accurate forecasting of recoverable reserves. Companies can create field development plans, analyze incremental effects of a workover or infill drilling, and model production entity-based analysis with a click of a button.

            Finally, economic evaluation can be used to identify and perform sophisticated analytics linking production forecasts to economic scenarios. The flexible economic case generation helps in estimating and ranking prospects based on the commercial value and return.

            Matt Gentry, COO of Antares Energy, said: “This newly integrated functionality improves upon an already great product.”

            The general availability of the release will be early summer 2010.

www.seismicmicro.com

Advertisements

April 26, 2010 at 9:47 am Leave a comment

Ingrain Launches High-Definition Core Imaging and Logging

Ingrain, the digital rock physics company, introduced CoreHD®, its breakthrough technology platform for 3D high-definition imaging of whole core from oil and gas wells. Ingrain’s CoreHD technology has significantly advanced the oil and gas industry’s ability to use CT scanners to image and analyze core.

            “CoreHD gives geoscientists high-definition 3D visibility into their reservoirs at the wellbore scale,” said Henrique Tono, Ingrain’s CEO. “CoreHD is a major advance over the imaging that traditional core analysis labs provide. As the industry moves into complex rocks like oil shales, 3D high-definition whole core imaging is becoming an essential tool for geological core description, rock properties analysis and reservoir modeling.”

            Combined with Ingrain’s proprietary image processing capabilities, the company offers the CoreHD Suite, including the Continuous Core Viewer, the CT Borehole Image, and the CT Density and Atomic Number Log. The Continuous Core Viewer shows over 1,500 digital cross-sections per meter of core. The CT Borehole Image is similar to the kind of wellbore image that can be obtained from wireline logging. The specialized CoreHD image acquisition allows Ingrain to compute a Density and Atomic Number log.

            When used on the entire whole core from a well, the CoreHD Suite can be used to characterize rock types and flow units. This enables fast, accurate optimization of the number and location of core plugs for advanced rock properties analysis. Once the core plugs are selected, Ingrain can quickly image and compute accurate basic and advanced rock properties using its proprietary technologies for scanning, image processing and high performance computing.

            Ingrain’s CoreHD technology is being used at Ingrain’s digital rock physics labs in Houston and Abu Dhabi. Ingrain also has regional offices in Calgary and Rio de Janeiro and plans to expand its operations to the Middle East during 2010.

www.ingrainrocks.com

April 26, 2010 at 9:31 am Leave a comment

Fugro Selects Paradigm Software for Depth Imaging

E&P Software provider Paradigm announced that Fugro has selected Paradigm’s depth imaging technology to enhance productivity and accuracy across global operations. The announcement was made at the 2010 American Association of Petroleum Geologists (AAPG) Annual Convention and Exhibition in New Orleans.

“As an international company, our operations demand that software delivers precise results in a wide variety of geological environments,” said Andy Cowlard, Managing Director of Fugro Seismic Imaging. “We chose to deepen our commercial relationship with Paradigm because their tools provide the power and flexibility we require.”

The selected workflow is designed to provide geophysicists with a high-quality, globally deployable, depth imaging and interpretation solution, backed by Paradigm’s network of local support offices. The solution combines the imaging power of the Paradigm™ GeoDepth® pre-stack depth migration suite with the interpretation speed of the fast, true waveform event propagator.

“Fugro is a diverse company operating in every major region around the world,” said James Lamb, Paradigm’s Exec. VP for the Americas. “To support Fugro’s goals, we have delivered a comprehensive, universally applicable depth imaging solution that will cater to their current and future needs.”

www.pdgm.com

www.fugro.com

April 14, 2010 at 11:39 pm Leave a comment

Paradigm Maximizes SKUA Performance on Intel Platforms

Paradigm, purveyor of  E&P software solutions, announced the results of its technological collaboration with Intel® Corp. The two companies jointly worked on the integration of the optimized linear algebra routines from Intel MKL into the latest version of Paradigm™ SKUA® 2009, enabling the software to take full advantage of the Intel multi-core processor architecture. This resulted in optimizing the computation time of the matrix inversion step used inside the construction of a SKUA model by a factor of up to 50 times. The announcement was made at the 2010 American Association of Petroleum Geologists (AAPG) Annual Convention and Exhibition in New Orleans.

“The computation of the SKUA UVT transform relies on solving a large system of equations representing geological constraints given by the users,” said Jean-Claude Dulac, Paradigm’s Exec. VP of Science and Technology. “Thanks to Intel’s scientific libraries optimized for Intel processors, we have a solution that will allow our customers to work with the highest degree of efficiency, maximizing their return on new multi-core equipment investments.”

This collaboration with Intel enabled Paradigm to benchmark the Intel X25E Solid State Disk versus a traditional Hard Disk Drive for Out-Of-Core models. Tests showed that Solid State Disk usage increases the speed by an additional factor of 1.4 in overall computing time.

These two combined speedups enhance the performance of SKUA 2009 by nearly two orders of magnitude, allowing customers to work on higher resolution models that produce a more accurate structural and stratigraphic representation of the subsurface.

“Working together, Paradigm and Intel were able to unleash the Intel Xeon® processor 5000 sequence-based platform, solid state disk and software technologies, and deliver substantial performance improvement for seismic data interpretation and structural modeling,” said Andrey Semin, HPC Technology Manager, Intel Software and Services Group. “This improvement will have long-term benefits for exploration and production, and the cooperation between Intel and Paradigm demonstrates our ability to solve customers’ challenges with state-of-the art platform and software technologies.”

www.pdgm.com

www.intel.com/intel/index.htm

April 14, 2010 at 1:29 am Leave a comment

Schlumberger Acquires IGEOSS

Schlumberger announced the acquisition of IGEOSS, a developer of cutting-edge structural geology software headquartered in Montpellier, France. IGEOSS develops geomechanical solutions for subsurface modeling, 2D and 3D structural restoration and fracture characterization of complex geologic structures. The IGEOSS applications and expertise will be integrated with Schlumberger’s software to advance customers’ modeling capabilities, particularly in areas with complex geology.

“Recognizing that our clients are exploring and developing in increasingly complicated geologic settings, the IGEOSS software will – in combination with the industry-leading Petrel* and PetroMod* technologies – enable geoscientists to gain the best possible understanding of the complete petroleum system throughout their exploration, development and production workflows,” said Tony Bowman, president, Schlumberger Information Solutions (SIS).

Laurent Maerten, co-founder and president of IGEOSS, added: “Geomechanics and structural restoration have traditionally been in the hands of the specialist. By incorporating these technologies into the SIS offerings, a broader community of geoscientists will have access to these capabilities to help them solve the difficult challenges they’re encountering today.”

The IGEOSS capabilities will be embedded in the Petrel software to help geoscientists better understand fractured reservoirs and the impact of stress regimes over time, particularly in subsalt, compressional and shale gas plays.

www.slb.com

www.igeoss.com

April 13, 2010 at 5:42 am Leave a comment

Cypress E&P Boosts Productivity with SMT KINGDOM and Isilon NAS Storage

Seismic Micro-Technology (SMT) announced that Cypress E&P Corp. has successfully completed installation and deployment of SMT’s KINGDOM, a hydrocarbon exploration and production application, on an Isilon data storage platform. This integrated solution allows Cypress to centralize its exploration projects for intuitive control and seamless visibility of seismic interpretation data at each stage of the workflow.

Cypress has leveraged this integrated solution by unifying its seismic, well, and cultural data on a single global namespace, eliminating bottlenecks and limited data sharing capabilities inherent to partitioned workstation, direct-attached server, or even storage area network (SAN) solutions. Isilon’s Scale-Out NAS platform, with its scalable, high-throughput file sharing capability, facilitated the deployment process, allowing for full consolidation of all data resources operating within SMT KINGDOM. Cypress employees can now utilize SMT KINGDOM to its full potential, achieving maximum availability and visibility of seismic interpretation resources.

Indy Chakrabarti, Chief Marketing Officer at SMT, said: “Our mission is to take a very specialized science – geoscientific interpretation and modeling – and make it more accessible to energy exploration and production teams, helping to make them more productive. As companies discover new methods of exploring, they need access to scalable software solutions that can adapt to new workflows. Combining SMT’s KINGDOM with Isilon’s storage provides Cypress with the ability to manage complex seismic data sets intuitively, seamlessly and with ease. The solution delivers improvements in both field performance and business efficiency.”

Eric Bass, Cypress E&P’s Director of Information Technology, noted that he has already seen a reduction in storage management workload, which enables his team to spend more time focusing on business performance.

“We rarely have to tweak the system,” Bass noted. “Project consolidation and data sharing now perform seamlessly. Our exploration team can access all interpretations and the underlying data at any time, without any bottlenecks.”

“My mission is to assemble the highest performing technologies available into a powerful yet flexible platform that drives our company,” said Bass. “However, we need technology that doesn’t require specialized technicians for day-to-day maintenance and uptime. It must be easy to use, and it must provide an intuitive interface. With SMT KINGDOM running on Isilon, I can focus on building the infrastructure and providing support to enhance what KINGDOM does for our company, thus keeping our exploration team productive.”

www.seismicmicro.com

www.cypressep.com

www.isilon.com

March 31, 2010 at 5:19 am Leave a comment

Fugro-Jason Launches Workbench 8.2 for Windows

Fugro-Jason has launched Jason Geoscience Workbench (JGW) 8.2, the latest version of its flagship product. For the first time, all Fugro-Jason products will be available for all current Microsoft Windows operating environments. JGW 8.2 integrates geological, geophysical, petrophysical and rock physics information into a single consistent model of the earth.

“JGW 8.2 represents a strategic technology move on our part to expand the platform options for our clients,” said Brad Woods, General Manager of Application Engineering, Fugro-Jason.

“Our development team leveraged the leading-edge tools available in the Microsoft platform to deliver a high-performance alternative to our well-regarded Linux version. In addition, clients can now use all Fugro-Jason products in a single Windows-based operating environment if they so choose.”

www.fugro-jason.com

March 31, 2010 at 5:13 am Leave a comment

Older Posts


August 2019
M T W T F S S
« Jan    
 1234
567891011
12131415161718
19202122232425
262728293031  

Recent Posts

Blog Stats

  • 56,530 hits

PetroComputing Tweets on Twitter