Newfield Exploration Company Selects Paradigm Geolog
January 19 2010 - 7:10AM
PR Newswire (US)
Integrated software suite adopted as corporate standard for well
log and petrophysical analysis GEORGE TOWN, Cayman Islands, Jan. 19
/PRNewswire/ -- Paradigm(TM) (http://www.pdgm.com/), a leading
provider of enterprise software solutions to the global oil and
natural gas exploration and production (E&P) industry,
announced today that Newfield Exploration Company (NYSE:NFX) has
selected Paradigm(TM) GeologĀ® as its chief application for well log
and petrophysical analysis. The suite will provide Newfield with
advanced petrophysical analysis tools, high-end presentation
graphics, and flexible modularity combined with an easy-to-use
environment. "We selected Geolog because it allows us to enhance
our reservoir description capabilities within a single software
environment, eliminating the time delays often associated with data
conversion and transfer," said Dick Merkel, senior petrophysicist
at Newfield. "The ability to share one petrophysical product
between office locations provides considerable advantages in both
time and cost." The Geolog suite's extensive application
integration improves process time and data integrity preservation
by allowing users to seamlessly migrate datasets across tasks. The
suite is designed to handle entire workflows in one integrated
environment and enables users to ensure that all available data is
analyzed. "Our goal is to provide our clients with a clear
competitive advantage through the successful application of
efficient, sophisticated technology," said Serge Sauvagnac,
Paradigm vice president, USA. "We believe that the integration of
Geolog into their company workflows will provide Newfield with
faster and more detailed reservoir analysis. Paradigm looks forward
to working with Newfield and supporting its long term E&P
goals." For more information on Paradigm products and services,
please visit http://www.pdgm.com/, or e-mail . About Paradigm(TM)
Paradigm Ltd. (http://www.pdgm.com/) is an industry leader in
digital subsurface asset management, serving oil and gas companies
worldwide. Paradigm technology solutions for seismic processing and
imaging, interpretation and modeling, reservoir characterization
and petrophysics, and well planning and drilling operate in an open
environment to accelerate results. Paradigm has a global network of
sales, consulting and support. The following are trademarks or
registered trademarks of Paradigm Ltd. or of its affiliates
(collectively, "Paradigm"): Paradigm(TM), Paradigm logo and/or
other Paradigm products referenced herein. All other trademarks are
owned by their respective owners. Please read the Paradigm notice
on forward-looking statements. About Newfield Exploration Company
Newfield Exploration Company (NYSE:NFX) is an independent crude oil
and natural gas exploration and production company headquartered in
Houston, Texas. The company's domestic areas of operations include
the Mid-Continent, the Rocky Mountains, onshore Texas and the Gulf
of Mexico. Its international areas of operation include offshore
Malaysia and China. Paradigm Media Contact Samhita Shah Tel: +1
713.393.4109 DATASOURCE: Paradigm Ltd. CONTACT: Samhita Shah,
Paradigm Media, +1-713-393-4109, Web Site: http://www.pdgm.com/
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