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Imperial College Receives Geoscientific and Reservoir Simulation Software from Schlumberger


For Immediate Use
Thursday 18 January 2001

Imperial College announced today that it received leading-edge oil and gas exploration and production (E&P) software valued at $7.5 million from Schlumberger. The Schlumberger worldwide university software program offers software developed and marketed by GeoQuest to selected colleges and universities at minimal cost.

"The GeoQuest software provides us with the tools to teach practical reservoir management. On the research side, we have an opportunity to make important advances in the integration of 3D geological modelling with dynamic reservoir information in order to understand and predict uncertainties in oil and gas field production," said Professor Alain Gringarten, Director of the Centre for Petroleum Studies, Imperial College.

The software technology packageincluding the GeoFrame® integrated reservoir characterization system and the industry-leading ECLIPSE* reservoir simulation softwarewill be used for teaching and research in the Centre for Petroleum Studies.

With one of the largest concentrations of petroleum scientists and engineers in an academic institution in the UK, the Centre facilitates multidisciplinary research between geologists, geophysicists, petroleum engineers and members of other key disciplines to advance exploration, appraisal/development and reservoir management. Almost 50 staff members provide research expertise across the complete E&P spectrum.

"This donation will greatly help our current research and educational initiatives in reservoir management by making it easier for our faculty and research staff to work together to build three-dimensional reservoir models representative of the dynamic behaviour of oil and gas reservoirs," said Professor John Beddington, Director of the TH Huxley School of Environment, Earth Sciences and Engineering, Imperial College.

"We are pleased that students and researchers are working with our software technology to gain a deeper understanding of oil and gas reservoirs," said Satish Pai, president of GeoQuest. "Our commitment to educational institutions worldwide helps to ensure that the knowledge base in our industry will continue to increase."

GeoQuest provides three-year renewable licenses, software maintenance, training and technical support to eligible institutions. Universities selected for this program can use the software to instruct students as part of a course curriculum or conduct academic research. The software is not intended for commercial use by the university.

® Registered trademark of Schlumberger
*Mark of Schlumberger

For further information please contact:

Professor Alain Gringarten
Centre for Petroleum Studies
Imperial College
Tel: 020 7594 7440
Fax: 020 7594 7444
e-mail: a.gringarten@imperial.ac.uk

Tom Miller
Press Office
Imperial College
Tel: 020 7594 6701
Fax: 020 7594 6700
e-mail: t.miller@imperial.ac.uk

Notes to editors:

1. Research in the Centre for Petroleum Studies is mostly carried out within the TH Huxley School of Environment, Earth Sciences and Engineering in cooperation with research groups in other science and engineering departments in the College. Research expertise includes: seismic data processing and imaging; seismic interpretation and sequence stratigraphy; sedimentary petrology; regional tectonics and basin analysis; clastic deposition and reservoir systems; reservoir characterisation, petrophysics; petroleum geomechanics; reservoir physics; well test analysis; stochastic modelling; numerical simulation; reservoir engineering; multiphase flow; process engineering and environmental engineerd environmental engineering. Funding is largely obtained from industry, the Research Councils, and the European Commission.

2. For further information on the Centre for Petroleum Studies see the Centres web site at: http://www.huxley.ic.ac.uk/research/PETROLCENTRE/

3. Imperial College of Science, Technology and Medicine is an independent constituent part of the University of London. Founded in 1907, the College teaches a full range of science, engineering, medical and management disciplines at the highest level. The College is the largest applied science and technology university institution in the UK, with one of the largest annual turnovers (£330 million in 1998-99) and research incomes (£173 million in 1998-99). Web site at: http://www.ic.ac.uk

4) GeoQuest, an operating unit of Schlumberger Oilfield Services, is the E&P industry leader for the supply of integrated software systems and data management solutions to assist petroleum companies in optimizing the value of their oil and gas reservoirs. Schlumberger Oilfield Services, a business segment of Schlumberger Limited [NYSE: SLB], is the leading supplier of services and technology to the international petroleum industry, operating offices, service locations, and research and development facilities around the world. Schlumberger is a global leader in technical services spanning the oil and gas, utility, semiconductor, smart cards, network and Internet solutions industries. Schlumberger revenue was $8.4 billion in 1999. Schlumberger is on the Internet at http://www.slb.com

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