Paradigm to Feature Solutions to Today's Challenging Hydrocarbon Plays at EAGE 2010

AMSTERDAM, June 2 /PRNewswire/ -- Paradigm™ (www.pdgm.com), a leading provider of enterprise software solutions to the global oil and natural gas exploration and production (E&P) industry, will highlight its integrated exploration and development software solutions at the 2010 European Association of Geoscientists and Engineers (EAGE) Annual Conference and Exhibition in Barcelona, Spain, June 14 – 17. Conference attendees are invited to join Paradigm at booth 420 for live technical demonstrations with subject specialists. The theme of the Paradigm technical program this year is "Redefining Interpretation," highlighting the company's unique multi-discipline integration, advanced interpretation methodologies and innovative modeling solutions that together address the challenges of complex structural and stratigraphic hydrocarbon plays.

The Paradigm technical program will illustrate the effective use of current and emerging technologies to better understand uncertainties at all stages from prospect generation to reservoir modeling. Presentations will also feature advances in the Paradigm Rock & Fluid Canvas™ suite to solve the complexities of sub salt reservoirs and complex highly-faulted structures. The synergies of application integration in Paradigm Epos®, the company's open infrastructure, will be presented with an emphasis on gains in efficiency and improvements in collaborative activity across multiple disciplines.

Furthermore, the Paradigm presentations on unconventional shale gas formations will feature the application of its patented full azimuth seismic imaging technology, Paradigm EarthStudy 360™, to determine shale stress and fracture trends, vital for the planning of frac activity. This is followed by the use of advanced visualization and modeling techniques to interpret facies and delineate the reservoir, culminating with real time stratigraphic positioning of the well bore using geosteering.

"The EAGE conference, with its theme 'A New Spring for Geoscience' presents Paradigm an excellent opportunity to highlight the company's innovative approaches in solving the most complex challenges," said Matthieu Quinquet, Paradigm technology director for Europe and Africa. "Our presentations will feature the latest innovative techniques to continually manage and enrich your asset knowledge for more accurate and higher return on your digital investments."

EAGE attendees can view 20-minute live software demonstrations presented by technical specialists each day starting at 9:00 AM CEST.  One-on-one demonstrations by technical experts featuring the company's latest technology offering and its potential applications are available upon request. Paradigm will also be active members at the EAGE technical program, with technical paper presentation in the Managing Uncertainties and Seismic Reservoir Characterization sessions.

For more information on Paradigm products and services, please visit www.pdgm.com, or e-mail [email protected].

About Paradigm™

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.

The following are trademarks or registered trademarks of Paradigm B.V. or of its affiliates (collectively, "Paradigm"): Paradigm™, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners. Please read the Paradigm notice on forward-looking statements.

SOURCE Paradigm