GeoQuest seals China software contract (July 1996)

China National Offshore Oil Corporation (CNOOC) recently awarded GeoQuest a $2.2 million contract for reservoir characterization and data management software.

Using GeoQuest software, CNOOC is focusing on optimizing production of existing fields. The software products will be installed at four CNOOC offices. CNOOC geoscientists will use the GeoQuest integrated software for all stages of reservoir analysis - from multi-survey 2D/3D seismic interpretation, through geologic interpretation and petrophysical analysis to reservoir modelling, simulation and mapping, enabling CNOOC to efficiently interpret all data for each field. CNOOC is one of China’s largest national oil companies. In 1995 the company produced more than 8.4 million tons of oil and approximately 375 million cubic meters of natural gas.