Israel Energy Conference Eldad Weiss Chairman & CEO.
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Transcript of Israel Energy Conference Eldad Weiss Chairman & CEO.
The Opportunity
• “Knowledge,
• not petroleum,
• is becoming the critical resource in the
oil business”
The right company at the right time
The Atlantic Monthly
The Role of the Geoscience Knowledge Company
Develop & Transfer Knowledge
Provide technical information solutions
through Products and Services
and support of local knowledge staff
The Changing Business Environment
Extract more value from existing assets Flexible asset interchange
Shortage of knowledge staff
New challenges forGeoscience knowledge providers
Global Oil Field Life Cycle Support
• Qualify
Exploration
Targets
• Optimize Drilling
Design
• Enhance
Reservoir
Production
Transforming oil field measurements into reservoir knowledge
Value- Added Knowledge for
ReservoirDevelopment
ParadigmGeoscience Knowledge Solutions
Value- Added Knowledge for
DrillingEngineering
Value- Added Knowledge for
ReservoirExploration
Integrated Business Solutions
Houston
Calgary
Caracas
Villahermosa
Buenos Aires
Rio de Janeiro
London
Aberdeen
PauBahrain
Tyumen
Beijing
Perth
Brisbane
Jakarta
Kuala Lumpur
Moscow
Almaty
Global Vision, Local Action
WEB-ENABLED BY e–GEOSCIENCE
The Paradigm Reservoir Analysis System
Available through licensing and global services
Focus GeoDepth Power Surveyor Probe EarthStudy
Data Processing &
Reservoir Imaging
Reservoir Navigator VoxelGeo InterpretX GeoScene Explorer GeoSec SolidGeo iMap
Visualization & Integrated
Interpretation
Well Planning& Drilling
Stratimagic Vanguard SeisFacies NexModel Geolog
DirectorGeoSysdrill Director Slider Pump-IT CaseWell SaG RAMS
Reservoir Characterization & Petrophysics
Substance from Multiangular Imaging
Imaging angle
amplitude
Fetal brain
Reflection point angle-driven ray tracing
AVO: Gas bearing reflector
Tomography and AVO:
AVO: Direct Indicator for the Presence of Gas
A known example:
A producing Gas Reservoir
Migrated Image
AVO Gradient
Gas Presence
No Gas
Actual AVO Data
Gas Prospect
Migrated Image
AVO Gradient
Gas Indication
Gas Indication in Oil Fields LTD. Franchise
Delineated by Paradigm co-interpreting AVO attributes and actual data
Actual AVO Data
Surface seismic data(e.g. AVO attributes)
Drill well logs from existing wells
OILProducing
Well
Water-Only
Producing Well
Rock properties section
Reservoir Characterization
The next well will be drilled for optimal reservoir exploitation
Combined 3D Interpretation of the Reservoir
Well Planning & Drilling Operations
• Directional Well Planning
• Survey Management
• Torque & Drag Analysis
• Hydraulics Analysis
• Casing Design
• Survey Tool Correction
• Drilling Information System
Paradigm – An Industry Leader
• Industry leader in application integration (PG 2.0, PG 3.0)
• Industry leader in visualization technology (Reservoir Navigator, VoxelGeo)
• Industry leader in imaging technologies (Earth Domain Imaging, Full–Wave, Time, Depth)
• Industry leader in providing global-scale, high-end processing services