Engineering Software facilitates well planning and drilling operations.

Press Release Summary:



Offering advanced drilling engineering tools specifically designed to model latest drilling techniques and equipment, such as tractor tools, swivel tools, and divertor subs, Sysdrill® 2012 enables drilling engineers to accurately and safely design extended reach and deep water wells. Program additionally provides graphical schematic representation of bottom hole assemblies for incorporation into drilling programs, and survey management tools for quality control purposes.



Original Press Release:



Paradigm Announces the Release of Sysdrill 2012



The new release significantly extends the Sysdrill drilling engineering functionality

AMSTERDAM, -- Paradigm(TM) (www.pdgm.com) today released the latest version of Paradigm(TM) Sysdrill® 2012, an upgrade to the Sysdrill well planning and drilling engineering product suite. In response to its growing customer base, the upgrade includes many user-driven enhancements in product performance, well planning and survey management, and drilling engineering.

The new release offers advanced drilling engineering tools specifically designed to model the latest drilling techniques and equipment, such as tractor tools, swivel tools, divertor subs and managed pressure drilling. These advances provide tools that can enable drilling engineers to more accurately and safely design extended reach and deep water wells. Improvements also include the graphical schematic representation of bottom hole assemblies (BHA) for incorporation into drilling programs, and new survey management tools for quality control purposes. Sysdrill 2012 is fully compatible with the recent Paradigm 2011 Release, enabling integrated subsurface well planning and real-time geosteering workflows.

"As the drilling industry continues to drill further and deeper there is a need for advanced drilling engineering solutions that can accurately model the latest drilling techniques," said Robert Innes, director for well planning and drilling. "Paradigm Sysdrill 2012 provides the necessary tools to achieve these goals, and further demonstrates our commitment to the well planning and drilling engineering market."

For more information on Paradigm products and services, please visit www.pdgm.com, or e-mail info@pdgm.com.

About Paradigm(TM)

Paradigm (www.pdgm.com) is the largest multi-national software company exclusively focused on the delivery of analytical and information management solutions for the discovery and extraction of subsurface natural resources. Serving the oil & gas and mining industries since 1987, Paradigm, with its 700 employees, operates globally via its 31 client service, technology and administrative facilities located in 27 countries.

The following are trademarks or registered trademarks of Paradigm Ltd. or of its subsidiaries (collectively, "Paradigm"): Paradigm(TM), Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.

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