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Fugro-Jason Announces RockMod Services; Company to Present Sixth Generation Technology at EAGE and AAPG.


HOUSTON -- Fugro-Jason, the leader in reservoir characterization technology, today announced RockMod Services, a new reservoir characterization offering based on the company's recently released sixth generation reservoir characterization technology. RockMod Services integrates two critical techniques into a single algorithm--Simultaneous AVA Ava, in the Bible
Ava (ā`və), in the Bible, an unidentified city of Mesopotamia, perhaps the same as Ivah. Its inhabitants are called Avites.
 Geostatistical Inversion--to deliver the clearest and most reliable reservoir models. This new service and its underlying technology are a natural progression for the company, which has been developing innovative solutions for more than 15 years.

"RockMod combines geologic information with AVA sensitivity analysis techniques and pre-stack stochastic By guesswork; by chance; using or containing random values.

stochastic - probabilistic
 inversion, making it possible to substantially reduce development risk associated with conventional and non-conventional reservoirs," said Dr. Carlos Torres-Verdin, Associate Professor, University of Texas Austin. Dr. Torres-Verdin's Formation Evaluation In petroleum exploration and development, formation evaluation is used to determine whether a potential oil or gas field is commercially viable. Essentially, it is the process of "recognizing a commercial well when you drill one".  consortium will present the results of a recent research study at the EAGE EAGE European Association of Geoscientists & Engineers
EAGE European Association for Gastroenterology and Endoscopy
EAGE Electronic Aerospace Ground Equipment
 Annual Conference and Exhibition, June 13-16, 2005. "With RockMod, Fugro-Jason remains at the forefront of new reservoir modeling technologies."

RockMod Services builds a model of the earth, based on all the data and information available, making it unparalleled in accuracy and detail. RockMod Services can be applied to any field at any stage of its development. Deliverables can include petrophysics Petrophysics (petro is Latin for "rock" and physics is the study of nature) is the study of the physical and chemical properties that describe the occurrence and behavior of rocks, soils and fluids [1]. , reservoir identification, reservoir property determination, reservoir quality indication, static and dynamic flow simulation models and economic risk assessment.

"For the first time, rock properties and geostatistics can be combined in a single integrated method, providing the best possible representation of the true earth," said David Graham David Graham is the name of several notable people, including:
  • David Graham (biker born 1970), Texas motorcycle rider
  • David Graham (author), pen name of British writer Robert Hale
  • David Graham (footballer born 1978), Scottish footballer
, General Manager of Fugro-Jason. "Our clients can spend less time considering the limitations of their models and more time determining how to design the most effective drilling program for their field."

Using RockMod Services on its carbonate reservoir led one client to redesign their drilling program to better exploit the field. Four new wells were drilled, and each of them was successful. RockMod Services also allowed the client to design frac programs to maximize the amount of higher-porosity rocks within the 600-foot fracture radius around the borehole bore·hole  
n.
A hole that is drilled into the earth, as in exploratory well drilling or in building construction.
.

Fugro-Jason will be presenting its solutions at the 67th EAGE Conference & Exhibition in Madrid, Spain from June 13-16, 2005, and at the AAPG AAPG American Association of Petroleum Geologists  2005 Annual Convention in Calgary, Canada from June 19-22, 2005. For more information about RockMod Services, go to www.rockmod.com.

About Fugro-Jason

Fugro-Jason is dedicated to delivering new and better ways to get More Oil with Less Toil(TM). In 1993 Fugro-Jason's first client began using the Jason Workbench for seismic inversion. Since that time a great deal of additional capability has been added, making it possible to integrate geological, geophysical ge·o·phys·ics  
n. (used with a sing. verb)
The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology.
, geostatistical, petrophysical and rock physics information into a single consistent model of the earth. www.fugro-jason.com
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Publication:Business Wire
Date:May 20, 2005
Words:433
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