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December 17, 2008
Students prepare for geoscience careers using advanced reservoir characterization technology
AMSTERDAM, Netherlands, Dec. 16 -- Paradigm, a leading provider of enterprise software solutions to the global oil and natural gas exploration and production (E&P) industry, announced today its donation of well log and petrophysical analysis software to the Irkutsk State Technical University (ISTU) in Eastern Siberia.
"Paradigm Geolog has great value in the education of oil and gas industry specialists," said Dr. Alexander Georgievich Dmitriev, chair, practical geophysics & geoinformatics, at ISTU. "With the help of this software, students can acquire well logging, data processing, and interpretation skills, which are inherent requirements for modern E&P professionals."
The donation includes five software licenses for Geolog (petrophysical analysis and formation evaluation). Each license will contain Determin (deterministic petrophysics) and Loglan (well log programming), additional modules of Geolog. The software will be implemented in a newly equipped laboratory at ISTU, funded by a grant from TNK-BP.
"Over the last several years the volume of exploration work has seen an average annual increase of forty percent in the Eastern Siberia region," said Nikolai Baransky, Paradigm regional vice-president, CIS operations. "Now more than ever, Russian oil and gas companies are using modern well log software and equipment, which require trained industry experts. By providing actual geophysical tools that support quality education in the geosciences, Paradigm is investing in the future of the profession."
Paradigm B.V. (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.
About Irkutsk State Technical University
Established in 1930, Irkutsk State Technical University (www.istu.edu/en/) is the largest higher educational establishment of Eastern Siberia. The university offers diverse academic programs -- technical, natural-scientific, economic, law, humanitarian, and artistic -- and has trained over 100,000 qualified specialists for Russian, CIS, Asian, African, Arab Eastern, Latin American, and European countries. The University was marked by Russian and Mongolian state awards for special services in specialist training. ISTU membership in various international organizations, foundations and associations is evidence of its international recognition.
Source: Paradigm B.V.
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