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Shell and Baker Hughes announce new reservoir modelling platform

World 鶹ýӳ,


Shell and Baker Hughes have announced a software license and joint development agreement to produce a high end platform for geological and reservoir modelling. The new platform will bring enhanced evaluation and visualisation capabilities to Shell allowing geoscience and petroleum engineering experts to better plan and manage the extraction of oil and gas resources, realising their full potential.

鶹ýӳHigh-quality modelling of complex reservoirs is a major factor in creating additional value in our industry,鶹ýӳ said Arjen Dorland, Shell鶹ýӳs EVP for Technical and Competitive IT. 鶹ýӳ[This] announcement underlines Shell鶹ýӳs commitment to developing innovative technologies that give us and our partners a competitive edge.鶹ýӳ

Optimised for tight/shale gas and liquids rich shale reservoirs

The system will be optimised for resource modelling and production in tight/shale gas and liquids rich shale reservoirs, and is based on the Baker Hughes JewelEarth™ software platform, which has a strong track record of delivering integrated, data-driven workflows for optimising these types of plays.

The world is now thought to have around 230 years of recoverable gas resources at current production levels 鶹ýӳ of which roughly half is tight gas, shale gas, and coalbed methane. Shell is producing these gas resources in locations including the US, China and Australia.

Complementing existing seismic data software

The new platform will complement Shell鶹ýӳs existing applications, including GeoSigns, Shell鶹ýӳs proprietary software used to visualise and interpret seismic data, and will form part of an integrated working environment for Shell鶹ýӳs exploration and modelling experts.

鶹ýӳThe JewelEarth platform can handle multiple solutions 鶹ýӳ from basin to wellbore scale 鶹ýӳ using one generic data source,鶹ýӳ said Mario Ruscev, Chief Technology Officer at Baker Hughes. 鶹ýӳThis capability will provide an innovative modelling and optimisation platform for the fast-growing Shell user community鶹ýӳ.

Adapted from press release by

Read the article online at: /business-news/18092013/shell_and_baker_hughes_announce_new_reservoir_modelling_platform/

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