Data Storage and Management for Oil and Gas Industry

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Executive Summary

Unstable oil prices and a global economic downturn place Exploration and Production (E&P) asset teams under pressure to more precisely characterize prospects and existing dormant assets. At the same time, data managers look to stretch shrinking information technology budgets. By optimizing information resources, exploration and production managers can improve decision making and companies can begin drilling and pumping faster and more efficiently. Petrel seismic-to-simulation software from Schlumberger Information Solutions (SIS) provides seismic interpretation, visualization, reservoir modeling, and simulation integrated with workflow management and risk analysis on Windows desktop systems. The Petrel 2009 application leverages features in the Windows Vista 64-bit operating system and readily available high-end processing power in today's desktop computers, reducing costs and improving the availability of the systems to support widespread collaboration.

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