PetroChina has selected Paradigm’s Geolog well database to manage and interpret petrophysical logs for 15 oil fields in China. The high-end Geolog configuration includes Facimage, Geomage, NMR processing and the corEval core analysis system.
Paradigm’s Stratimagic seismic facies classification and analysis solution is also included in the transaction.
Jiao Xuelin, Paradigm’s Beijing chief of staff said, “This deal is a major breakthrough into the Chinese market, and an endorsement of our top-of-the-line reservoir characterization solution, which includes both Geolog and Stratimagic.”
Paradigm CEO Eldad Weiss added, “Our Beijing office provides ongoing support and consulting to our Chinese customers—helping them maximize the benefits of our software solutions. We look forward to a long and mutually beneficial relationship with PetroChina.”
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