PR Newswire: news distribution, targeting and monitoring
2014

PanAtlantic Exploration Company Adopts Paradigm's Subsurface Software Suite for International Deepwater Exploration and Production Projects

Paradigm solutions to improve cycle times and enhance subsurface reliability.

Share with Twitter Share with LinkedIn

LAS VEGAS, Nov. 5, 2012 /PRNewswire/ -- Paradigm™ (www.pdgm.com) announced today that PanAtlantic Exploration Company has adopted Paradigm geophysical and petrophysical applications for all of its exploration and production work in the deepwater environments of Brazil and Africa.  PanAtlantic will use the Paradigm solutions for every step in the upstream workflow, from seismic processing and imaging through interpretation and modeling, reservoir characterization, reservoir engineering, and well planning and drilling engineering. The announcement was made at the 2012 SEG International Exposition and 82nd Annual Meeting, Las Vegas.

(Logo:  http://photos.prnewswire.com/prnh/20110317/CL67156LOGO )

"We needed an integrated geoscience solution with the proven track record to handle complex geologic scenarios.  Paradigm's product suite was the obvious choice," said Bill Drennen, CEO of PanAtlantic.  "We expect to improve project cycle time and enhance result reliability by using Paradigm's seismic imaging and characterization solutions and its interpretation and modeling systems.  With the acquisition of this technology, we have secured a solution that puts us in a better position to create quality opportunities."

"At Paradigm, we understand the complexity and rewards of exploring for and producing oil in deepwater environments," said James Lamb, executive vice-president, operations for Paradigm.  "By taking advantage of our integrated technology suite, PanAtlantic can better streamline its E&P projects to achieve well informed and comprehensive results from the analysis of complex subsurface data.  We are thrilled that PanAtlantic has selected Paradigm solutions, and look forward to helping the company maximize its investment in and commitment to its deepwater operations."

For more information on Paradigm's presence at SEG, please visit Booth #2345 (www.pdgm.com/SEG2012), or e-mail info@pdgm.com. For more information on Paradigm products and services, please visit www.pdgm.com, or e-mail info@pdgm.com.

About Paradigm

Paradigm (www.pdgm.com) is the largest software company focused exclusively on the delivery of analytical and information management solutions for the oil and gas industry. Customers rely on Paradigm software to discover and extract hydrocarbon resources and make better business decisions. Paradigm's solutions span the most critical exploration and production disciplines from seismic processing and imaging, interpretation, modeling to reservoir characterization, and well planning and drilling. Providing the industry with quality support and productivity tools since 1987, Paradigm operates globally from more than 30 customer service and technology facilities on six continents.

The following are trademarks or registered trademarks of Paradigm Ltd. or of its subsidiaries (collectively, "Paradigm"): Paradigm™, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.

Paradigm Media Contact

Samhita Shah
Tel: +1 713.393.4109
samhita.shah@pdgm.com

 

SOURCE Paradigm



RELATED LINKS
http://www.pdgm.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release