Petrel Software Cost

1.Introduction to Petrel software The Petrel E&P software platform Petrel is a software platform used in the exploration and production sector of the petroleum industry. It allows the user to interpret seismic data, perform well correlation, build reservoir models, visualize reservoir simulation results, calculate volumes, produce maps. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

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In today's challenging and high-cost E&P environment, it is more important than ever to consider economics in the earlier stages of field development planning. Traditionally, a few representative production profiles are used for economic analysis. However, these do not comprise the full scope of the changing development and production uncertainties.

Petrel Software Cost

To cross this chasm, the Petrel platform—through integration with Merak planning, risk, and reserve software—enables in-depth studies of subsurface and economic uncertainties that directly impact project feasibility.

Build comprehensive studies

In the Petrel platform, you can build studies around a combination of subsurface, engineering, and economic considerations:

  • Reservoir volumetrics and connectivity
  • Well count, type, and reservoir management strategy
  • Rig usage and resource planning
  • Fiscal regimes, oil prices, and capital and operating expenses

In this, a truly unique and interconnected environment is established between the geoscience, engineering, and economic disciplines. This level of integration promotes synergy between the subsurface and commercial teams by valuing all information for better decisions.

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Profile Details

Petrel Software System Requirements

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2016.1
Schlumberger
Three Allen Center, Suite 1900, 333 Clay St, Houston, Texas 77002, Houston, USA

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