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Israel Energy Conference Eldad Weiss Chairman & CEO. The Opportunity. The right company at the right time. “ Knowledge , not petroleum, is becoming the critical resource in the oil business ”. The Atlantic Monthly. The Role of the Geoscience Knowledge Company.
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The Opportunity The right company at the right time • “Knowledge, • not petroleum, • is becoming the critical resource in the oil business” The Atlantic Monthly
The Role of the Geoscience Knowledge Company Develop & Transfer Knowledge Provide technical information solutionsthrough Products and Servicesand support of local knowledge staff
The Changing Business Environment Extract more value from existing assets Flexible asset interchangeShortage of knowledge staff New challenges forGeoscience knowledge providers
Qualify Exploration Targets Optimize Drilling Design Enhance Reservoir Production Global Oil Field Life Cycle Support Transforming oil field measurements into reservoir knowledge Value- Added Knowledge forReservoir Exploration Value- Added Knowledge forDrilling Engineering Paradigm Geoscience Knowledge Solutions Value- Added Knowledge forReservoir Development
Integrated Business Solutions Global Vision, Local Action DATA PROCESSING & RESERVOIR IMAGING SERVICES Houston Moscow RESERVOIR STUDY SERVICES Almaty Calgary Tyumen Caracas Perth Villahermosa Brisbane Buenos Aires Jakarta Rio de Janeiro Kuala Lumpur London Beijing Aberdeen Bahrain Pau
Focus GeoDepth Power Surveyor Probe EarthStudy Reservoir Navigator VoxelGeo InterpretX GeoScene Explorer GeoSec SolidGeo iMap Data Processing & Reservoir Imaging Visualization & Integrated Interpretation DirectorGeo Sysdrill DirectorSlider Pump-IT CaseWell SaG RAMS Stratimagic Vanguard SeisFacies NexModel Geolog Reservoir Characterization & Petrophysics Well Planning & Drilling The Paradigm Reservoir Analysis System Available through licensing and global services DATA PROCESSING & RESERVOIR IMAGING SERVICES RESERVOIR STUDY SERVICES WEB-ENABLED BY e–GEOSCIENCE
How Does Paradigm’s Leading Edge Technology Provide Added Value to the Industry?
Modern Migration Algorithms: A Sharper Image 20th century 21st century
amplitude Imaging angle Tomography and AVO: Substance from Multiangular Imaging Fetal brain AVO: Gas bearing reflector Reflection point angle-driven ray tracing
AVO: Direct Indicator for the Presence of Gas A known example: Actual AVO Data Migrated Image AVO Gradient Gas Presence A producing Gas Reservoir No Gas
Gas Indication in Oil Fields LTD. Franchise Actual AVO Data Migrated Image AVO Gradient Gas Indication Gas Prospect Delineated by Paradigm co-interpreting AVO attributes and actual data
Reservoir Characterization Surface seismic data (e.g. AVO attributes) Rock properties section Water-Only Producing Well Drill well logs from existing wells OIL Producing Well
Combined 3D Interpretation of the Reservoir The next well will be drilled for optimal reservoir exploitation
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
Next Generation Technologies PC,UNIX,Linux,e-Geoscience Products and Services