Posts tagged ‘seismic interpretation’

ffA, TerraSpark Team Up for Seismic Research

Foster Findlay Associates Ltd. (ffA) and TerraSpark Geosciences have entered into an agreement to explore parallel research and development programs.

            Today’s exploration and production challenges demand radically new seismic interpretation workflows. By defining rapid, accurate and robust methods for building geologically consistent 3D representations of the subsurface, new levels of interpretation productivity and insight can be reached. This process is technically demanding, requiring novel interactive tools that harness the expert knowledge of the interpreter efficiently within a highly interactive, data driven process. ffA and TerraSpark already deliver these tools and believe that innovation may be greatly accelerated by combining their unique strengths in image analysis, interpretation and visualization.

            Jonathan Henderson, ffA’s Managing Director, said: “ffA is delighted to be exploring research and development interests with TerraSpark. We believe in working openly with other leading technology companies to facilitate converting innovation into practical solutions. ffA and TerraSpark share a vision that includes delivering tools that will dramatically improve interpretation accuracy, productivity and confidence through positioning 3D seismic analysis at the heart of next-generation interpretation workflows. In working together we have the potential to bring the benefits of this vision to our users much more quickly and cost-effectively.”

            TerraSpark CEO Geoffrey Dorn added: “We are excited about the potential of this agreement to accelerate the development of new interpretation technologies, capitalizing on the synergies between TerraSpark’s Insight Earth®, our flagship platform providing revolutionary 3D interpretation techniques, and ffA’s SVI Pro and SEA 3D Pro seismic analysis software. Working with ffA offers an opportunity for us to extend TerraSpark’s True Volume value proposition by achieving new thresholds in performance.”

www.ffa.co.uk

http://terraspark.com

 

January 27, 2010 at 8:47 am Leave a comment

CPC Corp. Taiwan Signs Global Access Agreement with Paradigm

Paradigm, provider of enterprise oil and gas software solutions, has signed a multi-year global access agreement with CPC Corp. Taiwan. The contract will provide CPC with full access to the Paradigm seismic interpretation suite, including products such as SeisEarth®, VoxelGeo®, Stratimagic®, and Geolog®.

            “After conducting a rigorous technical evaluation, we chose Paradigm software for its competitive value,” said Bishop Hsu, head of exploration, CPC. “At CPC, we place strong emphasis on using the most sophisticated technology to generate the best results. We believe that this investment will prove instrumental as we expand our operations.”

            The Paradigm seismic interpretation solution equips geoscientists with multi-2D and -3D tools for creating seamless interpretation and analyzing seismic data within a fully functional 3D canvas. Advances within this technology speed up interpretation time and assist geoscientists in identifying potential exploration prospects and drilling targets, leading to faster, more productive workflows.

            “We are very pleased to provide a next-generation seismic interpretation solution that is well-suited to the unique business needs of CPC,” said David Betty, Exec. VP Asia Pacific, Paradigm. “We greatly value the spirit of the relationship and the confidence that CPC has placed in Paradigm and look forward to working with them for a long time to come.”

www.pdgm.com

January 15, 2010 at 5:04 am Leave a comment

Santos to Implement Full Suite of Paradigm Solutions

Paradigm has signed a multi-year contract to provide Australia-based Santos Ltd. enterprise access to the full scope of Paradigm seismic interpretation and reservoir characterization products.

            “After a detailed technical evaluation, we selected Paradigm technology for the functionality of their interpretation and characterization applications,” said Trevor Brown, VP Exploration, Santos. “At Santos, we place a strong emphasis on integrated workflows and data management, backed up by functionally rich applications.”

            The Paradigm seismic interpretation solution provides geoscientists multiple 2D and 3D tools for creating seamless interpretation and analyzing seismic data. This improves interpretation time and greatly assists geoscientists in identifying potential exploration prospects and drilling targets. Paradigm reservoir characterization applications enable the integration of the interpreted model with reservoir properties obtained from well logs and core data so that engineers are better able to determine potential reserves and fluid flow behavior.

            “Santos truly has technology at its core and believes in using cutting-edge science to generate real value,” said David Betty, Exec. VP Asia Pacific, Paradigm. “At Paradigm we share this vision and look forward to helping Santos meet its evolving business needs throughout the coming years.”

www.pdgm.com

www.santos.com

October 14, 2009 at 2:10 am Leave a comment

dGB Earth Sciences Offers Free Seismic Interpretation System

dGB Earth Sciences announced that OpendTect is now a completely free seismic interpretation system. The release of Version 4.0 of OpendTect supports all functionalities needed in seismic interpretation projects. Because the software is open source, it can be used at no cost as dGB has changed its licensing policy.

            Henceforth OpendTect is released under a triple licensing strategy:

  • Under the GNU / GPL license – Free of charge even for commercial use;
  • Under a commercial license – Enables the user to extend the system with closed-source commercial plug-ins that can either be purchased or leased; and
  • Under an academic license – Universities can get free licenses for OpendTect and commercial plug-ins for R&D and educational purposes.

            This new release of OpendTect includes a large number of new features and improvements to the previous version, which included powerful attribute engine and spectral decomposition, horizon tracking and 2D and 3D visualization. Version 4.0 now includes a synthetic-to-seismic well tie module, a SEGY-wizard, pre-stack AVO attribute computation and Time-to-Depth conversion. Other improvements include an updated step-wise horizon tracker and an enhanced cross-plot functionality.

            Several of the commercial plug-ins have been improved, as well. SSIS, dGB’s flagship product for sequence stratigraphic interpretation, now features a new workflow for the analysis of grids of 2D lines. The multi-2D workflow can be applied in faulted areas on 2D and 3D seismic data.

            ArkCls and partner Visual Technology Services have released a new plug-in PDF3D that captures and saves a 3D OpendTect scene in PDF format, which can be opened in the latest free Adobe Acrobat Reader, which supports 3D visualization. Here the user can zoom, rotate, change transparencies and toggle elements on and off. PDF3D is bound to change the way in which E&P work is reported to management, colleagues and partners.

            Also new by Earthworks and ArkCls is a Connection plug-in that allows bodies to be grown from one or more seed points. This plug-in can be used to analyze the results of a stochastic impedance inversion run, for example.

            Paul de Groot, President & CEO of dGB Earth Sciences, said: “This new release is the result of many years of hard work by our dedicated team in close cooperation with ArkCls, Earthworks and Geokinetics with the support of many E&P companies. We are glad that we can now offer this complete and high-level seismic interpretation system for free to the geophysical community. Why would anyone still pay for seismic interpretation software, when the same features can be had for free? Better spend your budget on the advanced interpretation techniques of the OpendTect plug-ins, which really add value to your data.”

www.opendtect.org

September 3, 2009 at 3:15 am Leave a comment


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