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 RSS Share Post

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 More

Tags: oil and gas, reservoirs, strategy

Busy Paradigm Presence at SBGf 2015 with Demos, White Papers and More

Posted by Samhita Shah on Jul 14, 2015 11:00:00 AM RSS Share Post

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:

Read More

Tags: oil and gas, reservoirs, Energy, geoscience, interpretation, SBGf, Brazil