Paradigm, a provider of enterprise software solutions to the global oil and natural gas exploration and production (E&P) industry, has launched the Paradigm Sysdrill(R) 2009 at the Society of Petroleum Engineers (SPE) and International Association of Drilling Contractors (IADC) Drilling Conference and Exhibition in Amsterdam. Paradigm Sysdrill is one of the industry's most advanced well planning and drilling engineering applications. The 2009 version delivers tighter integration, improved ease-of-use, and enhanced functionality.
"In today's challenging market conditions, there is even greater need for accurate well design that minimizes non-productive rig time," said Robert Innes, Paradigm director of well planning and drilling. "Paradigm Sysdrill 2009 enables high levels of integration and engineering analysis to achieve these goals and further demonstrates our commitment and continued investment in this highly competitive well planning and drilling solution."
Paradigm Sysdrill 2009 combines advanced well planning and drilling engineering in a single application that allows drilling engineers to plan wells quickly, safely and accurately to reduce drilling risk and uncertainty. Some of the major benefits of the 2009 release are:
Significant reduction of data entry time for engineering analyses
Advanced input/output interface for loading of third-party data
Result-driven analysis for quick identification of drilling problems
Incorporation of geological data for improved planning and visualization
Office style output for incorporation into the drilling program
Sysdrill 2009 is also tightly integrated with Paradigm Geolog(R) (used for petrophysical log interpretation) to provide a commercially available real-time geosteering solution. Geolog, a contractor-independent geosteering solution, offers unique workflows to support the fast creation of log-scale geosteering models ahead of drilling, facilitate interactive updates to geosteering models while drilling, and enable re-planning of wells using updated models. Paradigm is currently one of the largest contractor-independent providers of well planning and drilling engineering software solutions, empowering customers to better manage their drilling activities and reduce drilling costs.
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