Petrel 2012 Delivers Software Platform for Improved E&P Decision Making

Important new science added for exploration, development and production workflows, and enhanced enterprise knowledge management for more productive analysis

Schlumberger today announced the release of the Petrel* 2012 E&P software platform delivering integrated analysis from exploration to production.

The 2012 release strengthens integration between geophysics, geology and reservoir engineering, including systematic exploration risk assessment, pre-stack seismic workflows, and efficient reservoir simulation results analysis. Petrel 2012 extends functionality into drilling and production—optimizing well placement in shale and heavy oil reservoirs, and providing enhanced production scenario planning. Further, it offers enhanced enterprise knowledge management and multiuser collaboration.

“Petrel delivers integration, extensibility and productivity—supporting exploitation of more complex reservoirs and fields. Users across E&P disciplines can integrate information and expertise to build robust basin-to-reservoir understanding,” said Tony Bowman, president, Schlumberger Information Solutions. “The workflow-centric integration and productivity capabilities of Petrel, and the agility to rapidly add new science using the Ocean* extensibility framework, offer our clients critical insights in challenging environments.”

Advanced Science Integrated Across Disciplines

Petrel 2012 introduces integrated Play-to-Prospect risk assessment enabling systematic evaluation of trap, reservoir, charge and seal with associated uncertainties. Geoscientists combine physical property maps to create an overall chance of success map, dynamically incorporating the latest information, in a single platform. Decisions are tied to interpretations allowing the objective comparison of alternative prospects within the portfolio.

Bridging interpretation and processing workflows, the Petrel platform delivers enhanced pre-stack seismic interpretation, simultaneous inversion and reservoir AVO modeling developed by WesternGeco. New attributes delineate subtle structural features, and when combined with interactive reconstruction and structural analysis, enable rapid validation of the horizon and fault framework in complex geologies.

The Petrel 2012 seismic-driven modeling workflow incorporates multiple data types to generate property modeling trends—enabling a realistic representation of reservoir geology. Integrated drilling capabilities optimize pad well placement and well trajectories, which is especially useful in shale and heavy oil reservoirs. Drilling engineering parameters are applied to ensure drillability; thereby, reducing iterations between geoscientists and drilling engineers.

For development and production scenario planning, Petrel 2012 features efficient reservoir simulation results analysis, plus enhanced run management for large numbers of simulations supporting history matching, uncertainty analysis, and development optimization. Reservoir engineers can better define development strategies based on rig and resource availability, and specify complex scenarios leveraging the INTERSECTnext-generation reservoir simulator.

The Studio* E&P knowledge environment in Petrel allows users to find, preview, and load data across projects and database stores, as well as from commercial data providers. Users see who has worked on the data, receive update notifications and collaborate by initiating a chat session. Geoscientists and engineers can test ideas, refine interpretations, and share data when ready, so the team is working on the latest validated data. In addition, the rigor of the database coupled with intuitive data awareness gives users a productive multi-user working experience.

For more information about the latest Petrel release, please visit www.slb.com/petrel2012.

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