GeoQuest Delivers the First Complete Reservoir Modeling Workflow on an Integrated Platform; Property3D and LPM Added to GeoQuest's Integrated Interpretation Process.HOUSTON--(BUSINESS WIRE)--March 5, 1999--GeoQuest announced today the commercial release of GeoFrame(R) 3.5, which features two new software products that substantially enhance the modeling-to-simulation workflow. The two products -- Property3D(a) volume reservoir modeling software and LPM (Lines Per Minute) The number of lines a printer can print or a scanner can scan in a minute. lpm - lines per minute (a) log property mapping and distribution software -- highlight GeoQuest's reservoir-modeling solutions and seamless workflow from geological and 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. interpretation to the building of the reservoir simulation Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media. model. "With the release of Property3D and LPM, we are offering the industry's most complete reservoir characterization environment. These applications will be recognized as best-in-class and yield a truly integrated tool set in either two- or three-dimensions," said Larry Denver, vice president of Marketing for GeoQuest. These modeling tools are fully integrated with upstream geological and geophysical interpretation through GeoQuest's model-centric Framework 3D(a) automated reservoir architecture builder. The modeling tools also are integrated downstream to simulation through GeoQuest's FloGrid(a) next-generation interactive three-dimensional gridding and upscaling application. Property3D and LPM GeoQuest's Property3D is a three-dimensional geological modeling package. Users can calculate reserves, create property models, perform statistical or geostatistical analysis and determine reservoir connectivity. Results from Property3D can be used in FloGrid for upscaling to generate reservoir property descriptions for reservoir simulation. GeoQuest's LPM software is a surface-based mapping application that enables the user to map reservoir properties from a reservoir zone guided by relationships between log data and seismic attributes. The deterministic 1. (probability) deterministic - Describes a system whose time evolution can be predicted exactly. Contrast probabilistic. 2. (algorithm) deterministic - Describes an algorithm in which the correct next step depends only on the current state. and stochastic By guesswork; by chance; using or containing random values. stochastic - probabilistic methods available in LPM enhance the user's ability to define the heterogeneity het·er·o·ge·ne·i·ty n. The quality or state of being heterogeneous. heterogeneity the state of being heterogeneous. of the reservoir. Workflow Optimization Property3D and LPM are cornerstone products in GeoQuest's seamless interpretation-to-simulation workflow. The workflow begins with seismic interpretation. Framework 3D is used to validate the fault and horizon interpretation as well as efficiently create infill horizons. The resulting framework is used to generate the three-dimensional property model in Property3D. The resulting geological model is available to the reservoir engineer who can build the final fluid-flow model using FloGrid. LPM can be used to generate two-dimensional property maps based on seismic and well log information. These property maps can then be leveraged by Property3D or directly by FloGrid to enhance the reservoir model. Framework 3D, Property3D, LPM and FloGrid are all part of GeoQuest's GeoFrame project database and centerpiece for application development. GeoFrame 3.5 is Year 2000 compliant a. 1. (Computers) having dates fully and properly represented, and not susceptible to failure due to the year 2000 bug. and features many enhancements and performance gains, in addition to the new products mentioned. "Bottom line, this reservoir characterization system lets engineers and geoscientists bridge the gap between the geological and geophysical interpretation and the reservoir simulation model," said Denver. GeoQuest Schlumberger GeoQuest is the E&P industry leader in integrated software Separate software components or applications that have been combined into one package. See integrated software package. systems, data management solutions, and processing and interpretive services to assist petroleum companies in optimizing the value of their oil and gas reservoirs gas reservoir In geology, a naturally occurring storage area, characteristically a folded rock formation, that traps and holds natural gas. The reservoir rock must be permeable and porous to contain the gas, and it has to be capped by impervious rock in order to form an . As part of Schlumberger Oilfield Services Schlumberger Oilfield Services, a division of Schlumberger Limited, is the world’s largest supplier of exploration and production (E&P) services, solutions and technology to the international petroleum industry. , GeoQuest operates more than 110 data services centers and software support offices in 58 countries. Schlumberger Oilfield Services is a business segment of Schlumberger Limited, a worldwide leader in technical services. (R) Registered trademark of Schlumberger (a) Mark of Schlumberger For additional information about this news release, please contact: Susan Ganz, GeoQuest, 5599 San Felipe San Felipe (săn fəlē`pā), pueblo (1990 pop. 1,557), Sandoval co., N central N.Mex., on the Rio Grande; founded early 18th cent. The inhabitants are Pueblo of the Keresan linguistic family. Ceremonial dances are held there in spring and winter. , Suite 1700, Houston, TX 77056, 713/513-2480, sganz@houston.geoquest.slb.com For additional information on GeoQuest, access the GeoQuest web page through Connect Schlumberger at http://www.connect.slb.com |
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