Oil and gas: Paradigm reports rapid adoption of SKUA software suite in 2013

Source:Paradigm

Paradigm reports rapid adoption of SKUA software suite in 2013

Paradigm® announced today that its advanced SKUA® (Subsurface Knowledge Unified Approach) volume-based modeling system had a rapid rate of new software adoption in 2013. Additionally, organizations using Paradigm® GOCAD® are upgrading to SKUA, as they see value in the combined strengths of GOCAD and SKUA technologies to address their most challenging geological settings. The software suite ensures better field development and more reliable reservoir prediction through true collaboration and geological integrity.

SKUA uses a radically different volume-based 3D modeling approach that removes all limitations and deformations caused by conventional methods. The unique technology uses all available data and honors basic geologic rules to build more accurate, simple-to-complex subsurface models. Based on the proprietary Paradigm UVT Transform® algorithm, the SKUA software suite reduces modeling times from months to days, and the integration of all interpretation results exponentially increases accuracy.

Growth in 2013 was driven by significant new global business wins. While the entire Paradigm product suite has seen broad acceptance, customers like Petrogal Brasil and SCDM Energie have responded with particular interest in differentiated technologies around seismic interpretation and modeling, including SKUA.

“As the world’s oil and gas reservoirs continue to grow in complexity, geoscientists and interpreters need a solution that honors that complexity for any geology,” said Indy Chakrabarti, SVP of Strategy and Commercialization at Paradigm. “With SKUA, subsurface models more accurately resemble a reservoir for any fault structure and stratigraphic system without simplifying the interpretation or leaving out valuable data. Our oil and gas customers worldwide are seeing tremendous value in this new approach to 3D modeling and are using it for both traditional and advanced interpretation of the subsurface in search of hydrocarbon reservoirs globally.”

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

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

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs