Senergy, Apache to provide oil gas industry with geosteering software

Senergy

Senergy, a provider of fully-integrated project and asset development services to the energy industry, and oil and gas exploration and production company Apache Corp. have entered a partnership to provide the oil and gas industry with previously proprietary geosteering and other software aimed at improving the evaluation and productivity of unconventional resource developments.

Senergy will receive patented and unique geosteering software designed by Apache as part of a Cooperative Software Development Agreement, and the technology will be used within Senergy’s Interactive Petrophysics (IPTM) and Oilfield Data Manager (ODMTM) software suites.

The new technology package consists of PetroSleekTM, a patented and innovative tool for geosteering, together with several other unique modules which perform a variety of calculations to enhance the evaluation of subsurface formation data. Additional tools in the package include a complete unconventional resources workflow, a fluid properties tool and a salinity calculation tool.

“With the large number of high angle and horizontal wells now being drilled globally it has become essential to be able to position a well correctly in a target subsurface formation to maximize the productivity and therefore the value of the well,” said John Fraser, Senergy’s vice president of software.

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...