SAN ANTONIO, Texas: September 25, 2007) Paradigm (www.pdgm.com), a leading provider of enterprise software solutions to the global oil and natural gas exploration and production (E&P) industry, announced today at the Society of Exploration Geophysicists (SEG) 77th Annual Meeting that its new suite of subsurface applications will be known as SKUA, an acronym for Subsurface Knowledge Unified Approach. The name was also selected for its symbolic reference to the Skua, an arctic bird of prey known for its competitive behavior, superior hunting skills and adaptation to some of the harshest terrain on earth.
Paradigm engaged E&P technology users for product name recommendations, and selected SKUA from the hundreds of suggestions they received. The winning entry was submitted by Professor Jean-Laurent Mallet. The $10,000 award will be accepted by Mr. Serge Nicoletis to benefit the Ecole Nationale de Geologie de Nancy, the winner’s nominated accredited university.
What is SKUA?
SKUA is a major component of a new suite of applications that will integrate leading geoscience technology from Paradigm.
SKUA simplifies modeling tasks by eliminating many of the complexity limitations of current industry technology, such as the time-consuming construction of multi-faulted models and the severe limitations of pillar and extrusion technology.
SKUA greatly simplifies the modeling process and reduces modeling time from weeks to days by shifting away from a surface and pillar-based approach of traditional reservoir modeling,” said Jean-Claude Dulac, Paradigm’s chief architect. "We are pleased to introduce the first SKUA cornerstone application from Paradigm which is the future of breakthrough subsurface imaging, interpretation and modeling technologies."
SKUA solutions benefit geophysicists, geologists, petrophysicists and engineers through a simple, one-click approach to 3D modeling. This helps users create better structural, stratigraphic and reservoir 3D models with multi-resolution capabilities while removing distortion introduced with current modeling technologies.
About Paradigm™
Paradigm Geophysical Corp. (www.pdgm.com) helps global oil and gas companies locate new reserves and optimize production in complex geological areas. Paradigm’s technology advances the science of hydrocarbon detection with solutions in seismic data processing and subsurface imaging, prospect interpretation and modeling, reservoir characterization, and well planning and drilling. These exploration and production solutions operate in an open environment with connectivity to third-party data stores to accelerate project creation and turnaround. Paradigm has a global network of sales, services and user support, serving major oil and gas producing regions around the world. For additional information visit Paradigm’s website at www.pdgm.com.
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Forward-Looking Statements
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