(GEORGE TOWN, Cayman Islands: September 23, 2009) Paradigm™ (www.pdgm.com), a leading provider of enterprise software solutions to the global oil and natural gas exploration and production (E&P) industry, will showcase its latest technologies at the Society of Petroleum Engineers (SPE) Annual Technical Conference and Exhibition (ATCE) in New Orleans, Louisiana, October 4–7. The company’s latest technology will be demonstrated at Paradigm booth #1951 with live technical presentations which begin daily at 9:00 am CDT.
“The SPE ATCE provides an excellent venue for Paradigm to actively engage with top reservoir and drilling engineering professionals,” said James Lamb, Paradigm executive vice president for the Americas. “Our goal is to connect with users, listen to their needs, and provide insight into faster, more effective methods of hydrocarbon detection and qualification.”
At SPE, Paradigm will showcase Paradigm™ Rock & Fluid Canvas™ 2009 │ Epos™ 4.0, highlighting advances in reservoir characterization, geologic modeling, petrophysics, geosteering, drilling, well testing, formation evaluation, upscaling, and reservoir uncertainty. Paradigm will also feature history matching workflows in partnership with Streamsim Technologies, Inc. Streamsim will demonstrate its history-matching module that connects to the Paradigm™ GOCAD® and Paradigm™ SKUA® applications. Using the open architecture of the GOCAD/SKUA technology, oil companies can now close the loop between the reservoir engineer and geologist to efficiently provide geologically consistent models that enable more reliable production forecasts and oil-in-place estimates. Allowing deep access to core functionalities of GOCAD/SKUA reservoir modeling enables integration not available in other industry modeling systems.
"By integrating with the GOCAD/SKUA architecture, Streamsim is able to efficiently leverage its expertise in streamline-based fluid flow simulation to create geologically consistent history-matched models that reservoir engineers can then use with confidence for optimal field management decisions," said Streamsim President, Marco Thiele.
The Paradigm technical program also will demonstrate Paradigm™ Higher Order Workflow™ (HOW) presentations on the Rock & Fluid Canvas 2009 │ Epos 4.0 software suite, connecting formation evaluation, well planning, and uncertainty assessment with the latest geosteering and reservoir modeling technologies. HOW presentations will include:
- The continuum of applications on Rock & Fluid Canvas 2009, demonstrating the seamless integration of seismic, geologic and petrophysical interpretation with reservoir modeling and flow simulation
- The integration of geological, petrophysical, and geophysical information for reservoir characterization
- Reservoir uncertainty assessment and history-matching techniques for the benefit of optimized reservoir management
- The integration and implementation of structural, stratigraphic and petrophysical modeling and drilling technology to improve drilling performance
One-on-one demonstrations featuring Paradigm solutions for formation evaluation, reservoir modeling, and well planning and drilling are available for pre-scheduling by submitting a Private Demo Request Card.
For a complete demonstration schedule, please visit http://www.askparadigmhow.com/next_main.html.
For more information on Paradigm products and services, visit information at www.pdgm.com, or e-mail info@pdgm.com.
About Paradigm™
Paradigm Ltd. (www.pdgm.com) is an industry leader in digital subsurface asset management, serving oil and gas companies worldwide. Paradigm technology solutions for seismic processing and imaging, interpretation and modeling, reservoir characterization and petrophysics, and well planning and drilling operate in an open environment to accelerate results. Paradigm has a global network of sales, consulting and support.
The following are trademarks or registered trademarks of Paradigm Ltd. or of its affiliates (collectively, “Paradigm”): Paradigm™, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners. Please read the Paradigm notice on forward-looking statements.