The global oil industry has begun to recover from its long downturn, as seen in the rising price of crude. These prices will stay high for awhile, and in fact, we’re now seeing the beginning of some concern about shortages and high prices by the 2020s.
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Is Your Company Ready to Start Exploring Deepwater Again?
Posted by
Samhita Shah on Jul 30, 2018 9:34:02 AM
Tags: oil and gas, Shale, E&P Software, Deepwater, deepwater exploration, subsalt
The Road Less Taken: Weathering the Downturn with an Eye on the Future
Posted by
Arshad Matin on Jul 6, 2016 3:09:32 PM
It becomes a vicious cycle. Oil prices drop for an extended season. Oil and gas operators cut budgets and lean on suppliers to contain costs. According to PWC’s global team of strategists, operator capital spend on the exploration sector alone has dropped 26% since 2014. With operator cutbacks, the cost of R&D is increasingly shifting to suppliers who are already faced with tight margins, and oilfield workforce reductions worldwide reached over 258,000 by early 2016.
Read MoreTags: oil and gas, reservoirs, strategy
A Paradigm Case Study with PDVSA Petroindependencia
Posted by
Samhita Shah on Jul 22, 2015 2:13:00 PM
Combining Geostatistics with Seismic Attributes to Improve Reservoir Management Strategies in the Orinoco Petroleum Belt
Tags: oil and gas, SKUA-GOCAD, Paradigm, geoscience, Stratimagic, SeismFacies, Geomodeling, Geostatiscits, Seismic Attributes, PDVSA, Reservoir Management Strategies
Busy Paradigm Presence at SBGf 2015 with Demos, White Papers and More
Posted by
Samhita Shah on Jul 14, 2015 11:00:00 AM
Paradigm will be doing demonstrations, and making presentations of technical papers and white papers at SBGf 2015 in Rio de Janeiro, Brazil, at the 14th International Congress of the Brazilian Geophysical Society, August 3-6. Paradigm will be a Platinum Sponsor of this event. The Paradigm exhibit will be found at Booth #52. Geoscientists from multiple disciplines will present integrated workflows around these themes:
Tags: oil and gas, reservoirs, Energy, geoscience, interpretation, SBGf, Brazil
Virtual Lectures on Advanced Geoscience workflows on April 30 and May 14
Posted by
Samhita Shah on Apr 29, 2015 10:45:00 AM
Two upcoming on-demand webcasts will be presented by Paradigm subject matter experts on April 30 and May 14. In these video sessions, you will learn about advanced geoscience solutions that can help you minimize risk and maximize production for more cost-effective drilling with Prestack Visualization and Quantifying the Impact of Fault Position Uncertainty.
Tags: oil and gas, reservoir modeling, SKUA-GOCAD, seismic, SeisEarth, Paradigm, geoscience, hydrocarbon, visualization, quantitative seismic interpretation, reservoir characterization, virtual lecture
Paradigm Seismic Interpretation Forums in Europe in March
Posted by
Samhita Shah on Mar 16, 2015 11:29:00 AM
Tags: oil and gas, Velocity Model, Paradigm, Seismic Interpretation, prestack interpretation
Don’t Miss the Last Two Sessions of the 2014 Virtual Lecture Series
Posted by
Samhita Shah on Jan 27, 2015 1:01:00 PM
Register for the last two sessions of the Paradigm 2014 Virtual Lecture Series presented on January 29 and February 12. In the January 29th session Melanie Morin, Technical Sales Advisor, discusses “Improved Production Forecasts: Impact of Reservoir Compartmentalization on Flow Response,” highlighting SKUA®. On February 12th, Sandra Allwork, Team Leader and Technical Sales Advisor, will present “Looking for Higher Definition? From Broadband Processing to Diffraction Imaging. Extract the Maximum from Your Modern and Legacy Seismic Data,” featuring Echos and EarthStudy 360. Here are summaries of both sessions:
Tags: oil and gas, Virtual Lecture Series, Energy, 5D regularization, reservoir compartmentalization, geologist, reservoir engineering, Paradigm, broadband processing, geoscience workflows
Paradigm employees make up some of the best minds in the sciences underlying oil and gas exploration and production. Each year we showcase that expert knowledge in a series of on-demand webcasts presented by Paradigm subject matter experts. Each presentation in the series dives deep into key Paradigm solutions and how they can be applied in some of the industry’s toughest asset challenges.
Tags: oil and gas, Processing & Imaging, Paradigm, Geophysics, Petrophysics
Seismic Interpretation to Subsurface Modeling – In High Definition
Posted by
Samhita Shah on Oct 16, 2014 9:59:00 AM
Tags: oil and gas, HD, modeling, QSI, SEG, unconventional, seismic, exploration, interpretation, high-definition
Paradigm Virtual Lecture Series Returns with 13 On-Demand Webcasts
Posted by
Samhita Shah on Aug 12, 2014 3:51:00 PM
Paradigm employees make up some of the best minds in the sciences underlying oil and gas exploration and production. Each year we showcase that expert knowledge in a series of on-demand webcasts presented by Paradigm subject matter experts. Each presentation in the series dives deep into key Paradigm solutions and how they can be applied in some of the industry’s toughest asset challenges.
Tags: oil and gas, Processing & Imaging, Geolog, Paradigm, Geophysics, Petrophysics, Borehole, software