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Capitalizing on unique deep water technology, Paradigm continues to see rapid growth in Latin America.
RIO DE JANEIRO, Dec. 17, 2013 /PRNewswire/ -- Paradigm® (www.pdgm.com) announced today that Petrogal Brasil has adopted the entire suite of interpretation, visualization and modeling software from Paradigm. As a result, the entire Petrogal Brasil installed base can carry out traditional and advanced structural and stratigraphic interpretation of the subsurface in search for hydrocarbon reservoirs. The deal with Petrogal culminates a year of rapid growth in Latin America for Paradigm. While the entire Paradigm product suite has seen broad acceptance in the region, customers like Petrogal have responded with particular interest in differentiated technologies around interpretation and modeling, including SeisEarth®, VoxelGeo® and SKUA®.
Petrogal Brasil began using Paradigm software in 2010 for exploration and production in the Santos, Sergipe-Alagoas and Potiguar Basins. The results have been so successful that the company decided to expand its Paradigm interpretation and modeling portfolio to cover all of its exploration and development work.
"Using the Paradigm SeisEarth interpretation suite, which includes VoxelGeo, our exploration team has been able to obtain more accurate and reliable results in some of the challenging environments where we operate," said Carlos Gonçalves, exploration manager at Petrogal Brasil. "Additionally, we have come to rely on the excellent subsurface modeling results from the Paradigm SKUA technology and the on-demand support from the Paradigm team, who partnered with us each step of the way."
"We are delighted that Petrogal Brasil has chosen Paradigm as its sole interpretation and modeling software provider," said Dayse Netto, Brazil country manager at Paradigm. "Paradigm interpretation and modeling solutions are designed to deliver more accurate results without compromising productivity, and are particularly suitable to the complex deep water plays characteristic of our region. Building on a foundation of business transparency and collaboration, our team will continue to work closely with Petrogal Brasil to ensure they obtain more information out of existing data, and more confidence in their understanding of their prospects and reservoirs in Brasil."
Paradigm (www.pdgm.com) is the largest independent developer of software-enabled solutions to the global oil and gas industry. Paradigm easy-to-use technology and workflows provide customers with deeper insight into the subsurface by combining leading-edge science, high-performance desktop and cluster computing, and scalable data management, delivering highly accurate results and productivity without compromise.
The following are trademarks or registered trademarks of Paradigm B.V. and/or its affiliates and subsidiaries (collectively, "Paradigm"): Paradigm®, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.
About Petrogal Brasil
Petrogal Brasil, S.A. (www.galpenergia.com/) engages in research and exploration of oil and natural gas in Brasil in early 2000. The company, S.A. is based in Rio de Janeiro, Brazil, is a joint venture between GALP Energia SA (70%) and Sinopec (30%).
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