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Schlumberger releases 2012 E&P software platform

10th August 2012

Schlumberger announces release of Petrel 2012, an innovative software platform which will boost energy exploration and production

Schlumberger releases 2012 E&P software platform
Petrel 2012 features efficient reservoir simulation results analysis and enhances uncertainty analysis and development optimization for E&P

Oil and gas service firm Schlumberger has released its 2012 E&P software platform which delivers integrated analysis from exploration to production, the firm said in a press release on Thursday.

The software, called Petrel 2012, strengthens innovation between geophysics, geology and reservoir engineering, including systematic exploration risk assessment, pre-stack seismic workflows, and efficient reservoir simulation results analysis.

“Petrel delivers integration, extensibility and productivity—supporting exploitation of more complex reservoirs and fields. Users across E&P disciplines can integrate information and expertise to build robust basin-to-reservoir understanding,” said Tony Bowman, president, Schlumberger Information Solutions.

“Integrated drilling capabilities optimize pad well placement and well trajectories, which is especially useful in shale and heavy oil reservoirs,” Schlumberger said in its press release.

Petrel 2012 features efficient reservoir simulation results analysis, according to the firm. In addition, it enhances uncertainty analysis and development optimization for E&P.

Reservoir engineers can better define development strategies based on rig and resource availability. They can also specify complex scenarios leveraging the recently announced next-generation reservoir simulator INTERSECT, jointly developed by Chevron, Schlumberger and Total.

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