Excelsior Energy of Calgary has chosen Paradigm’s strategic consulting (PSC) unit to accelerate development planning at its Hangingstone oil sands resource play in the Athabasca oil sands region of Alberta. Paradigm will provide seismic processing and reservoir characterization based on a 26 core well program. The technologies to be used include Paradigm’s Gocad modeling flagship and its new ‘CRAM’ seismic depth imaging technique.
Excelsior CEO David Winter said, ‘Paradigm’s technology and oil sands expertise will allow us to integrate all of our log, core and seismic data, characterize a complex reservoir and build a resource model. PSC’s experience in the Hangingstone area along with its application portfolio will help us choose the optimal development options, and accelerate development plans for a steam assisted gravity drainage (SAGD) pilot.’
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