Statoil
acquires advanced geoscience solutions from Paradigm
Posted: 28 April 2004
High productivity and ease of use were critical deciding
factors
Paradigm, the premier provider of advanced petroleum geoscience
and drilling technology to the oil and gas exploration and production
industry, has signed a five-year contract with Statoil for its advanced
solutions, running on the new epos 3.0 data management and interoperability
integration framework.
The epos infrastructure provides a shared environment for the entire
E&P interpretation workflow, leading to unprecedented workflow
efficiencies and significantly enhanced personal productivity.
After a thorough evaluation, Statoil decided to choose Paradigm
solutions for both its mainstream well petrophysics interpretation
processes and its time-depth conversion workflows.
Time-depth conversion is a critical step within the interpretation
workflow, due to the increasing complexity and depth of geological
targets and the growing need for accuracy. Erik Gundersen, Statoil’s
Senior Discipline Coordinator, said, “We believe that Paradigm’s
Explorer system offers a powerful time-depth conversion solution.
The integration of well and seismic information, together with geophysical
and mapping tools, geostatistics and uncertainty assessment, provide
our geoscientists with the means to generate velocity models and
convert the original time interpretation.”
Paradigm’s industry-leading Geolog petrophysics software
was chosen for its advanced technology, easy learning curve and
scalability. Sten Ola Rasch, Senior Discipline Coordinator at Statoil,
noted, "We think Geolog will improve productivity in many of
our strategic work processes. Geolog provides key tools for single
well analysis and field studies. Paradigm has demonstrated flexibility
and willingness to adapt the product to Statoil's requirements."
Paradigm’s flexible infrastructure was an important contributing
factor to Statoil’s decision. Thomas Halland, Project Manager
for deployment, said, “Thanks to Paradigm’s ability
to integrate into legacy systems and directly connect to existing
third-party databases, the Paradigm solutions can be deployed rapidly
in a non-disruptive manner, so that we can keep our business running
during the transition period.”
Paradigm managers expressed their satisfaction in making an important
contribution to Statoil’s effectiveness, while strengthening
relations with a major player in the industry. Steve Hunt, Managing
Director of Paradigm EAME, said, “We at Paradigm see our customers
as partners throughout the sale, installation and use of our products,
and we work together with them to provide support and customization
to their needs. The ongoing collaboration between our top-level
R&D teams and major industry players like Statoil, keeps our
users at the cutting edge of geoscience E&P software technology.”
About Paradigm
Paradigm provides information solutions to the leaders of the oil
and gas industry worldwide. The company has a global network of
sales, service and user support, with 22 offices in 19 countries,
serving all major oil and gas producing provinces in the world.
Paradigm's advanced set of Software Solutions and Integrated Services,
in the form of Trace-to-Target workflows, covers every step in the
oil and gas E&P process, from Data Processing and Imaging; through
advanced Visualization, Interpretation and Earth Modeling; to Reservoir
Characterization and Petrophysics; up to Well Planning and Drilling.
All of these solutions are supported by the pos Data Management
and Interoperability integration framework.
For more information see http://www.paradigmgeo.com
Posted by Richard Price,
Editor Pipeline Magazine
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