Chevron has selected Schlumberger's seismic-to-simulation software, known as Petrel, as one of its next-generation interpretation and earth modeling frameworks.
Chevron business units around the world will now have Petrel software available for integrating geology and geophysics workflows. Using Petrel software, Chevron will develop and deploy proprietary geological and geophysical workflows in addition to standardizing processes. With Petrel, all workflow processes support a unified earth model for improved end user productivity and better decisions in tight timeframes with reduced uncertainty.
Peter Breunig, CIO of Chevron Energy Technology Company, said: Following our internal needs analysis and an extensive market assessment of available products, Chevron selected the Petrel high-performance interpretation and modeling framework solution.
We believe it will significantly enhance our teams’ ability to analyze data much more quickly and effectively in a collaborative environment, as well as help reduce the risks associated with exploration.
Olivier Peuch, president of Schlumberger Information Solution, said: Chevron required a solution that allowed their end users to easily adopt new proprietary technology for improved reservoir characterization. Petrel has the ability to absorb new technology plug-ins developed using the Ocean application development framework.