Paradigm announces strategic access agreement with Divestco

Source: Paradigm 

Paradigm announced today that it has entered into a strategic access agreement with Divestco, Inc., (TSX-V: DVT), one of Canada’s leading geo-services companies, to provide Divestco with its seismic processing, imaging and characterization suite to carry out its seismic data processing services. Divestco will use the Paradigm solutions as its primary integration platform to incorporate the company’s broader technology portfolio.

“Divestco Processing, formerly Geo-X Systems Ltd., built its reputation of full-range high resolution onshore seismic processing through its advanced processing algorithms and capacity. We chose the Paradigm technology for our customers’ seismic data analysis requirements because of its open architecture, high levels of interactivity, and how it is constantly evolving to exploit the latest technological developments, ” said Steve Sinclair-Smith, chief operating officer of Divestco. “The combination of our proven algorithms with Paradigm’s modern workflow and versatility will ensure the product quality established over many years remains while offering an additional range of services for our customers.”

Paradigm’s innovative seismic processing and imaging technologies and methodologies improve seismic signal quality, positioning and content. The company delivers a robust velocity analysis solution that can reduce positional uncertainty, improve the reliability of all information derived from the seismic data, and connect velocity analysis and transformation with a strong interpretation, modeling and seismic imaging framework.

“We’re delighted that a well-established company like Divestco has chosen the Paradigm platform to support its service operations,” noted James Lamb, executive vice president operations at Paradigm. “Its powerful compute capabilities and wide breadth of geophysical applications will help Divestco deliver quality seismic images to its customers and grow its business in Canada and around the world.”

Paradigm Echos will be featured at GeoConvention 2012 in Calgary, booth # 616, and EAGE 2012 in Copenhagen, booth #1550, together with the rest of the advanced Paradigm 2011 product suite.

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


Sign up for PennEnergy's eNewsletters
For Email Newsletters you can trust


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...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs