FEI Launches PerGeos Software for Oil and Gas Exploration and Production
January 19 2016 - 08:07AM
FEI (NASDAQ:FEIC) today announced the release of PerGeos™, the
industry’s first comprehensive digital rock software that helps
geoscientists rapidly interpret and model digital rock imagery so
that exploration & production (E&P) engineers can obtain
meaningful, actionable data quickly and easily.
PerGeos provides a better understanding of formation features
and physical property of reservoir rock. Multi-scale, microscopic
imagery and advanced digital rock modeling provides the only direct
measurement for analyzing critical structural characteristics and
physical properties, such as grain size, pore space and
connectivity. Using PerGeos, core analysts, geologists and
petrophysicists can integrate data from multiple sources and share
descriptions and statistics using a common platform. It features
automated workflows, high-powered image processing algorithms and a
user-friendly interface.
“Oil companies work with and analyze a bewildering array of
image data types and formats when trying to understand the physical
characteristics of reservoir rock, how those characteristics relate
to the potential value of a reservoir, and relate those
observations to the production techniques required to optimize that
value,” said Mark Bashforth, general manager of FEI’s Oil and Gas
business. “This information can now be managed digitally through
PerGeos, via a collaborative workspace to create and share a common
rock model much faster than using traditional core analysis
methods.”
Bashforth adds, “This is very important for reservoir engineers
awaiting these critical inputs, such as capillary pressure,
porosity and permeability, for their geomodels; knowledge of these
properties helps asset managers visualize and understand the
ultimate potential recovery of a reservoir, thereby improving their
estimates of reserves and overall production-related CapEx
investments.”
The initial PerGeos release consists of three modules:
petrophysics, pore statistics and core profile. Each module is
designed to help users make statistical observations about the
sample as it relates to their specific function, and then allows
them to transfer this knowledge to a digital environment for
interactive assessment by the entire asset team. This is a unique
feature that provides cross-discipline collaboration, and enables
all users to gain a common understanding of how the rock models are
created – an important aspect in validating and understanding the
contributors to reservoir viability and producibility.
PerGeos is the newest addition to our broad portfolio of digital
rock technology and services that includes advanced microscopy
instrumentation, visualization and analysis software, and imaging,
modeling & simulation expertise. For more information about
PerGeos, please visit www.pergeos.com.
About FEI
FEI Company (Nasdaq:FEIC) designs, manufactures and supports a
broad range of high-performance microscopy workflow solutions that
provide images and answers at the micro-, nano- and picometer
scales. Its innovation and leadership enable customers in industry
and science to increase productivity and make breakthrough
discoveries. Headquartered in Hillsboro, Ore., USA, FEI has over
2,800 employees and sales and service operations in more than 50
countries around the world.
FEI’s digital rock solutions include a complete portfolio of
advanced imaging systems; visualization software; and analysis,
interpretation and modelling services at its Digital Rock Lab in
Houston. FEI helps its customers explore reservoir rock to
understand how lithology, porosity, wettability, mineralogy,
connectivity, permeability and microporosity impact fluid flow and
reservoir behavior. FEI’s high-end software solutions range from 3D
components for application developers (Open Inventor®) to advanced
3D visualization software (Avizo® and PerGeos). More information
can be found at: www.fei.com.
FEI Safe Harbor Statement
This news release contains forward-looking statements that
include statements regarding the performance capabilities and
benefits of the PerGeos solution. Factors that could affect these
forward-looking statements include but are not limited to our
ability to manufacture, ship, deliver and install the tools,
solutions or software as expected; failure of the product or
technology to perform as expected; unexpected technology problems
and challenges; changes to the technology; the inability of FEI,
its suppliers or project partners to make the technological
advances required for the technology to achieve anticipated
results; and the inability of the customer to deploy the tools or
develop and deploy the expected new applications. Please also refer
to our Form 10-K, Forms 10-Q, Forms 8-K and other filings with the
U.S. Securities and Exchange Commission for additional information
on these factors and other factors that could cause actual results
to differ materially from the forward-looking statements. FEI
assumes no duty to update forward-looking statements.
For more information contact:
Sandy Fewkes (media contact)
MindWrite Communications, Inc.
+1 408 224 4024
sandy@mind-write.com
FEI
Jason Willey (investors and analysts)
Sr. Director, Investor Relations & Corporate Development
+1 503 726 2533
jason.willey@fei.com
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