Royal Dutch Shell and oilfield services supplier Baker Hughes will jointly produce a high-end platform for geological and reservoir modelling.
The new platform will offer enhanced evaluation and visualisation capabilities for Shell geoscience and petroleum engineering experts to plan and manage the extraction of oil and gas resources. It will complement Shell’s existing applications and software used to visualise and interpret seismic data.
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Shell technical and competitive IT EVP Arjen Dorland said that the major factor in creating additional value in the industry is high-quality modelling of complex reservoirs.
"Today’s announcement underlines Shell’s commitment to developing innovative technologies that give us and our partners a competitive edge," Dorland added.
The system, which is based on the Baker Hughes JewelEarth software platform, will be optimised for resource modelling and production in tight/shale gas and liquids-rich shale reservoirs.
The new platform will also form part of an integrated working environment for Shell’s exploration and modelling experts.
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By GlobalDataAccording to Shell, the world is presently thought to have around 230 years of recoverable gas resources at existing production levels. Roughly half is tight gas, shale gas, and coalbed methane. The company is producing these gas resources in locations including the US, China and Australia.
Baker Hughes chief technology officer Mario Ruscev said: "The JewelEarth platform can handle multiple solutions; from basin to wellbore scale; using one generic data source."
Image: Shell and Baker Hughes have agreed to produce a platform for geological and reservoir modelling. Photo: courtesy of Shell.
