HOUSTON--(BUSINESS WIRE)--Fugro-Jason today announced that the Tyumen Petroleum Research Center has purchased licenses for the Jason Geoscience Workbench® and PowerLog® 3 software. This software will support TNK-BP’s efforts to expand its geology and geophysics investigations. The Tyumen Petroleum Research Center plays a key role in the scientific and technological development of TNK-BP. Fugro-Jason is a leader in reservoir characterization technology for the oil and gas industry.
“Our research and design work in geological exploration and field development remain one of the most important factors ensuring the long-term success of TNK-BP,” said Alexey Baburin, head of Exploration Division of the Tyumen Petroleum Research Center. “We are confident that the Jason Geoscience Workbench and PowerLog will help us identify the best approach for each geologic setting, and improve the overall understanding of the reservoir geometry, continuity, and fluid.
“Every year specialists of the Tyumen Petroleum Research Center carry out over 120 projects related to development of fields and estimation of reserves. The tasks of the Tyumen Petroleum Research Center for the foreseeable future include more than 90% of works for geological exploration and development of 25 major fields of TNK-BP, monitoring, and preparation of recommendations for elimination of production risks, estimation of reserves, geological exploration, utilization of associated petroleum gas, environmental protection, and planning of reserves progression for the coming 5 years.”
Jason Geoscience Workbench [JGW] software is a seismic to simulation suite of applications that together enable users to build a single consistent model of the earth that can be used to locate hydrocarbons and drive drilling and production programs. With JGW, seismic, well log and statistical data can be directly input and used to calculate a geologic model or series of models. JGW 8.2 includes 3D seismic inversion, wavelet estimation, geostatistical inversion, AVA simultaneous inversion, reservoir modeling, advanced analysis and 3D visualization. PowerLog is the industry standard for Windows®-based rock physics and petrophysical analysis, dedicated to log data editing, conditioning, analysis and presentation.
“To deliver on their mission to support field development and geological exploration, the Tyumen Petroleum Research Center must integrate geological, geophysical, petrophysical and rock property information into a single consistent and detailed model of the earth,” said Vadim Khromov, Region Manager, Fugro-Jason. “We are very pleased that this prestigious organization has selected Fugro-Jason software as their analytical platform."
About TNK-BP
TNK-BP is Russia’s third largest oil company, 50% held by BP and 50% held by the AAR Consortium (Alfa Group, Access Industries, and Renova). TNK-BP also owns close to 50% of another Russian oil and gas company, Slavneft. TNK-BP accounts for approximately 16% of Russia’s production (including its share of Slavneft). SEC proved reserves (life of field basis) were 8.586 billion boe as of December 31, 2009. For further information please contact TNK-BP Public Affairs and Communications Division: Tel. (495) 363-27-57 media@tnk-bp.com.
About Fugro-Jason
Fugro-Jason is dedicated to delivering innovative software products and services to help our clients identify and produce hydrocarbon deposits by integrating information from the various geoscience disciplines. Fugro-Jason software applications make it possible to integrate geological, geophysical, geostatistical, petrophysical and rock physics information into a single consistent model of the earth. The application of Fugro-Jason’s technology, either through use of the software or through our consultancy services, substantially improves returns on E&P investments by adding invaluable reservoir model information that reduces the risks, costs and cycle-times associated with exploration, appraisal and field development and production.
Fugro-Jason is an operating company of Fugro NV. Fugro was founded in 1962, and is listed on Euronext NV, Amsterdam, the Netherlands. Fugro has more than 13,500 staff and a permanent presence in over 50 countries.