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The Leading Edge; February 2003; v. 22; no. 2; p. 161-162; DOI: 10.1190/1.1559046
© 2003 Society of Exploration Geophysicists
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Creating the more integrated energy company

Donald L. Paul

ChevronTexaco Corporation, San Ramon, CA, U.S.

The first 20% of the full text of this article appears below.

Throughout its history, upstream oil and gas has been one of the most information and computing intensive of all industrial sectors. This trend will continue. In this paper, we examine the broader extension of Future Computing as it may apply to a large integrated (upstream and downstream) energy company.

I will discuss three topics to emphasize key aspects:

I will conclude with an example of how all these elements might be combined to create additional economic value from application to an integrated energy value chain.


   Bringing more reality and value to reservoir models
 
Seismic imaging and reservoir simulation have been the historic engines for driving application of advanced computational technologies to the industry. Combined with powerful visualization and analysis systems, we now support the interpretation of enormously complex—and more realistic—earth models.

The world of Future Computing will enable us to bring increasing realism to our interpretations and reservoir models (Figure 1). This is not only a technical imperative, but more importantly, a business necessity to improve our capital investment decisions and operating cost structure.


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  		Figure 1. Bringing more reality and value to reservoir models.

 
Moore's law will continue to be our friend in advancing seismic imaging, earth modeling, and reservoir simulation. The preceding papers discussed new computing architectures, such as grid computing, which offer opportunities for even greater acceleration in performance. However, . . . [Full Text of this Article]






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