American Oil and Gas Reporter - January 2016 - 154

ComputerCurrents

Paradigm® Extends Geolog® Deeper Into Well Life Cycle
HOUSTON-Paradigm® Geolog® 7.4,
the latest version of Paradigm's formation
evaluation software suite, offers rich engineering functionalities that expand the
product's reach to wells deep into production. The company adds that the
release extends third-party connectivity,
including support for Petrel 2015, enabling
users to bring the power of Geolog into
workflows that are based in other products.
Geolog 7.4 allows engineers to assess
well integrity independently, Paradigm
details, and provides new well schematics

and production logging tools that assist
post-production formation evaluation. A
new, full-functioned geomechanics module
offers a comprehensive series of calculations and interactive tools for assessing
mechanical conditions around the wellbore,
the company adds.
New reservoir characterization plots
enable reservoir flow property estimates
from log data, Paradigm continues. The
company says Geolog pore pressure prediction functionality now is available in
a single integrated workflow.
Paradigm also has launched the Paradigm App Exchange (app.pdgm.com),
which aims to encourage collaboration
between members of the Paradigm user
community by sharing customer-developed
customization. The first available applications were developed with Geolog programming languages, such as Loglan and
tcl scripts, Paradigm says.
For information, visit www.pdgm.com.
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The geomechanics module in Paradigm®
Geolog® 7.4 provides a suite of applications for assessing mechanical conditions around the wellbore.

Latest RockWorks Suite Boosts Modeling Speed
GOLDEN, CO.-To help geologists
and engineers manage, display and analyze
subsurface data, RockWare has released
RockWorks17, the latest version of its
flagship data visualization suite.
According to the company, the new
version features:
* Larger, higher-resolution models
that benefit from 100 percent 64-bit processing;
* Faster modeling thanks to multicore
parallel processing;
* Advanced 3-D faulting (including
dipping, twisting and discontinuous faults);
* Powerful data management (including support for SQL Server, SQLite and
MDB);
* Flexible licensing, with three feature
levels, rentals and network licensing;
* Production management and visualization; and
* A new borehole QuickMap.
A fully-functional, time-based demo

is available, RockWare says. The company
points out that RockWorks17 can output
spatial data and other information to
Google Earth, including cross sections,
public land grids, and lease information.
For information, contact RockWare at
800-775-6745 or visit www.rockware.com.
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Emerson Buys Yggdrasil
To Expand Roxar's Scope
STAVANGER, NORWAY-Emerson
Process Management has acquired Yggdrasil, a provider of flow assurance and
production optimization software. Emerson
says it will incorporate Yggdrasil's METTE
production optimization solution into the
Roxar reservoir management software
portfolio, providing operators with an integrated workflow from seismic interpretation and reservoir modeling to reservoir
simulation and production optimization.
The combination of data from predictive
reservoir models, production modeling and
field instrumentation will enable operators
to monitor production continuously and use
information from the field when forecasting
reservoir performance and making operational decisions, Emerson says.
"This integration will help customers
align their modeling, uncertainty quantification and simulation data with production, optimize their field development
and production plans, and increase oil
and gas recovery in today's challenging
environment," says Kjetil Fagervik, Roxar
Software Solutions' managing director.
METTE is an integrated flow assurance
and production modeling solution that provides flow performance calculations for
wells and flowlines, integrated field modeling for life of field simulation and optimization, and virtual metering for allocating
production to wells, Emerson describes.
The company says key benefits include
flexible production performance calculations, fast network simulation, and improved
life of field integrated flow assurance.
For information, visit www.emersonprocess.com.
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RigUp Now 30th Network In OFS Portal Community
HOUSTON-RigUp Inc., a marketplace
for oil field services built for the North
American upstream industry, has joined
the OFS Portal community.
As a part of that community, OFS
Portal LLC says RigUp will help suppliers
and buyers increase their operational efficiencies. According to the portal, RigUp
provides complete bid and pricing management for the field, office and supply
chain, and offers operators and service
companies a streamlined request-for-

154 THE AMERICAN OIL & GAS REPORTER

quote process.
OFS Portal says it focuses on helping
buyers use industry best practices when
digitizing their supply chain, promoting
cost-effective approaches to making
eCommerce a reality for both buyers and
sellers. With the addition of RigUp, the
portal notes its community has eight
members, 30 networks and 230 buyers.
For information, contact OFS Portal
at 832-681-7300 or visit www.ofsportal.com.
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American Oil and Gas Reporter - January 2016

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