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Friday, February 11, 2011
HOUSTON, TX- Seismic Micro-Technology (SMT), the global market leader for geoscientific interpretation software, today announced availability of its newest software, KINGDOM 8.6. The release introduces microseismic data analysis integrating information gathered during completions into the interpretation workflow to improve recovery in unconventional fields. With KINGDOM 8.6, geoscientists, engineers, and managers can work together in the same software.
"Unconventional fields require geoscience teams to work more closely with engineers at the well site during drilling and completion operations," said Jitesh Chanchani, Vice President of Product Management & Business Development, Seismic Micro-Technology. "To help these remote teams collaborate more seamlessly, whether they are exploring or developing shale plays, tight sands or coal-bed methane, KINGDOM 8.6 integrates multi-disciplinary datasets to make interpretation of unconventional resources easier, and to get companies productive faster."
Optimizing development in unconventional reservoirs is often difficult due to the ultra-low permeability and abnormal pressure variation across layers. To ensure that the production rates of wells are sufficient to maintain economic viability, hydraulic fracturing jobs need to be accurately contained within the pay zone and the formation contact area must be maximized. SMT's new integration technology includes advanced microseismic analysis and visualization of real-time fracturing in 3D to enable real-time learning and insights into fracture design for subsequent wells.
KINGDOM 8.6 also introduces numerous other important capabilities such as a newly re-engineered fault surface modeling capability, advanced horizon picking tools, improved analysis of production data, simplification of velocity modeling workflows, and much more.
KINGDOM 8.6, available for purchase immediately, will be shown in theatres and demos at NAPE Expo, Booth #2425, February 17 and 18 in Houston.
To learn more about the new features, visit http://www.seismicmicro.com/whatsnew
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