Paradigm technology for Hess
Posted: 13 June 2008
Hess Corporation has signed a multiyear contract for Paradigm software, training and onsite consulting services for its E&P operations worldwide.
"Paradigm’s advanced technology portfolio will help Hess to achieve its exploration and production objectives." said Jorge Machnizh, Paradigm’s president and chief operating officer.
"We greatly value the spirit of the partnership and the confidence that Hess has placed in Paradigm."
Under the new contract, Paradigm will provide a comprehensive suite of geophysical and petrophysical applications for workflows, ranging from seismic data processing, imaging and petrophysical analysis to standard and advanced geophysical subsurface data interpretation and formation evaluation.
"This new relationship with Paradigm is an investment in optimizing our petrotechnical software toolkit," said Scott Heck, senior vice president, exploration and production technology, Hess Corporation.
The agreement will allow further growth and technology adoption throughout the term of the relationship, and Hess will have the opportunity to incorporate new Paradigm technology as it is developed.
Paradigm will provide training, both onsite and from regional Paradigm support centers, as well as onsite application support to Hess Corporation employees. Additionally, Paradigm will deliver onsite consulting services on projects, such as data migration and workflow best practices.
Posted by Richard Price, Editor EnergyME.com
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