Schlumberger Unveils New Version of Petrel

Petrel Software
(Click to Enlarge)
Schlumberger on Wednesday announced the release of Petrel 2007.1 seismic-to-simulation software, which includes significant new functionality for all disciplines in the exploration and development workflow.

"Petrel 2007.1 is the most comprehensive release to date. It delivers a step-change in productivity for geoscientists and engineers; collaboration from the field to office and back; and a shared understanding of risk and uncertainty enabling better decisions, in less time," said Olivier Le Peuch, president, Schlumberger Information Solutions. "A preview of this release has been shown to more than 2,000 petro-technical professionals and the feedback has been overwhelming, acknowledging the leadership of the Petrel platform and our strategic direction."

New seismic performance and scalability in Petrel 2007.1 improve the productivity of exploration teams to deliver more high quality prospects, faster. Tighter integration of reservoir engineering workflows introduces simulation earlier, leading to superior prediction of reservoir performance. Real-time data connections, from the rig to the office, increase operational accuracy for better drilling performance and risk management.

Highlights of new and expanded Petrel 2007.1 capabilities include enhanced seismic performance, handling and scalability for data sets up to 60 gigabytes on the desktop and an optional connection to a Linux cluster server for terabyte range data sets. Additional capabilities include new fractured reservoir modeling supporting creation of discrete fracture networks and Eclipse reservoir simulation dual porosity models; multisegmented well support to accurately model the fluid physics in horizontal wellbores; and drilling enhancements including WITSML real-time data feeds for logs, events and trajectories for immediate incorporation in Petrel for real-time monitoring and modeling.

"The enhanced seismic performance in Petrel 2007.1 provides a quantum leap in productivity for our exploration teams," said Alan Clare, geological manager, Apache Egypt. "In a recent test on Petrel we accurately auto tracked a horizon on a 40gb data set in 16 seconds that took nearly two minutes in the 2005 version. This level of speed and precision allows our geoscientists to build more robust prospects in a shorter period of time and work collaboratively in their subsurface teams to rank and screen those prospects and bring them ready for drilling sooner."

Petrel was designed around the needs of users and their workflows. In release 2007.1, the graphical user interface has been updated to Microsoft.NET, making it even easier and more efficient to learn and use.

Petrel 2007.1 is built on the Ocean framework facilitating rapid updates and easy integration and deployment of proprietary and specialty functionality. The Ocean open development allows universities, third-party vendors and clients to quickly add innovative functionality into the Petrel environment.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Sales- Decontamination/Chemical Cleaning Services
Expertise: Sales
Location: Baton Rouge, LA
Account Manager - Western US - Vapor Control & Degassing
Expertise: Sales
Location: Long Beach, CA
Sales Manager - Vapor Control/Degassing Services
Expertise: Sales
Location: Houston, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours