Archive News Story
(Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Software aids drilling engineers and asset teams.
October 20, 2006 -
Merging macro realm of geology and geophysics with micro realm of petrophysics, Sysdrill v2.5 helps plan well paths, minimize drilling risk, and optimize wellbore placement by integrating engineering and well planning disciplines into multi-disciplinary workflows. Program supports geological surfaces such as formations, faults, and oil-water contacts. Users can import planned trajectories, copy and paste well plans, and share data with 3rd party applications.
Archive Press Release
(Products mentioned in this Archive Press Release may or may not be available from the manufacturer.)
Release date: September 25, 2006
Paradigm Releases Sysdrill v2.5
SAN ANTONIO, Sept. 25 // -- Paradigm(TM), a leading provider of enterprise software solutions to the global oil and natural gas exploration and production industry, announced today at the Society of Petroleum Engineer's (SPE) Annual Technical Conference and Exhibition the release of Sysdrill version 2.5. Sysdrill v2.5 is the latest version of Paradigm's software solution for drilling engineers and asset teams to plan well paths and reduce drilling risk and optimize wellbore placement by integrating engineering and well planning disciplines into multi-disciplinary workflows.
Sysdrill(TM) merges the macro realm of geology and geophysics with the micro realm of petrophysics, delivering Paradigm Rock and Fluid Solutions by uniting widely-recognized geophysical and petrophysical applications and sharing data attributes for a more complete and accurate well plan. Among the software's many enhancements, Sysdrill v2.5 provides:
o Support for geological surfaces: formations, faults, oil-water contacts, and more
o Enhanced geosteering workflows with Paradigm Geolog(R)
o WITSML Real-time survey updates, during drilling
o Ability to share data with third-party applications, including WITSML and DEX trajectories
o Improved target selection
o Copy and paste well plans
o Import planned trajectories
o BHA string constructor support for connection details
o Advanced T H Hill DS-1(TM) compliance module
"The release of Sysdrill v2.5 is consistent with our commitment to increasing the usability of our applications and working with our customers to continue to meet the increasing drilling challenges they face every day," said John Gibson, President and CEO of Paradigm. "We believe that this updated version of Sysdrill will benefit our customers around the world as it helps drilling engineers and asset teams plan all phases of wellbore construction, while simultaneously assisting to reduce drilling risk and well costs."
About Paradigm
Paradigm(TM) software enables customers to locate new oil and natural gas reservoirs, optimize production from new and existing reservoirs and create dynamic digital models of the Earth's subsurface. Paradigm software solutions include Seismic Data Processing and Imaging, Visualization, Interpretation, Modeling, Reservoir Characterization, Petrophysical Analysis, Well Planning, and Drilling. Paradigm also provides strategic consulting services to enhance customer workflows and assist in realizing greater returns on exploration and production activities. You can learn more about Paradigm software and strategic consulting offerings by visiting their website at http://www.paradigmgeo.com/ .
The following are trademarks or registered trademarks of Paradigm Geotechnology B.V. or any of its affiliates (collectively, "Paradigm"): Paradigm(TM), Paradigm logo, and/or other Paradigm products referenced herein. DS-1. is a trademark of T H Hill Associates Inc. All other trademarks are owned by their respective owners. Company Information: Name: Paradigm Address: 820 Gessner, Ste. 400 City: Houston State: TX ZIP: 77024 Country: USA Phone: 713-393-4800 FAX: 713-393-4801 http://www.paradigmgeo.com
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