Paradigm to Highlight Latest Innovations at SPE

Technical demonstrations to feature latest geoscience subsurface solutions introduced in the Paradigm 2011 release.

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Oct 24, 2011, 10:35 ET

AMSTERDAM, Oct. 24, 2011 /PRNewswire/ -- Paradigm^™ (www.pdgm.com) will present key technological advances introduced in the Paradigm 2011 release at the 87th Society of Petroleum Engineer's Annual Technical Conference and Exhibition (ATCE), in Denver, October 30 – November 2. Conference attendees are invited to the Paradigm booth # 953 for live technical demonstrations featuring the latest innovations introduced in Paradigm 2011 via the unique SKUA® technology. These innovations enable reservoir engineers to rapidly and easily simulate and analyze realistic multi-geological scenarios to understand the impact of geology on production and ultimate recovery.

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The Paradigm technical program will feature scheduled presentations covering these four themes:

Reservoir characterization and petrophysics
Well testing
Reservoir modeling and reservoir engineering
Well planning, drilling and geosteering

Paradigm will also collaborate with Beicip-Franlab (www.beicip.com) in a daily joint presentation entitled "Increase confidence in production estimates using geologically-constrained history matching" which will illustrate how Paradigm SKUA, coupled with Beicip-Franlab's history matching solution in OpenFlow™, provide a unique integration of the geological modeling process into the history matching process. The joint presentation will be held on the Beicip booth (#1254) on Monday and on the Paradigm booth (#953) on Tuesday.

"History matching with SKUA uncertainty modeling and Beicip-Franlab's OpenFlow reservoir solution include the modification of the geological model and the engineering parameters that uniquely facilitates the integration," said Jean-Claude Dulac, chief technology officer of Paradigm. "Paradigm has always stressed the ongoing importance of integrated technology solutions to advance the energy industry."

Technical demonstrations by the Paradigm Subject Matter Experts (SMEs) will begin each day at 9:30 AM MDT. The Paradigm SMEs will also be available to answer questions regarding the company's technology offerings. Pre-scheduled one-on-one demonstrations featuring Paradigm's solutions for formation evaluation, well testing, reservoir modeling and engineering, and well planning and drilling are available upon request.

Visit Paradigm's SPE event page for further information on technology themes, the demonstration schedule, technical highlights and a grand prize drawing. For more information on Paradigm products and services, visit www.pdgm.com, or e-mail [email protected].

About Paradigm^™
Paradigm (www.pdgm.com) is the largest multi-national software company exclusively focused on the delivery of analytical and information management solutions for the discovery and extraction of subsurface natural resources. Serving the oil & gas and mining industries since 1987, Paradigm, with its 700 employees, operates globally via its 31 client service, technology and administrative facilities located in 27 countries.

The following are trademarks or registered trademarks of Paradigm Ltd. or of its subsidiaries (collectively, "Paradigm"): Paradigm™, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.

Paradigm Media Contact
Samhita Shah
Tel: +1 713.393.4109
[email protected]

SOURCE Paradigm