LAS VEGAS -- Woodside Energy has selected Paradigm's next-generation geology and geophysics solutions for developing leases in the Gulf of Mexico.
Woodside selected Paradigm's technology for interpretation and velocity modeling. Paradigm possesses advanced workflows in processing, interpretation, and analysis of very large geographic regions where complex salt structures exist, the company says.
Paradigm will provide Woodside with industry solutions for workflows spanning seismic processing, velocity analysis, stratigraphic delineation, structural interpretation, formation evaluation, and reservoir modeling.
"We are very pleased to see another example of our technology outperforming traditional legacy applications," says James Lamb, Paradigm's US regional VP. "Paradigm is solely focused in providing industry leading software solutions and workflows for exploration and prospect validation to our customers
"Throughout this process, Woodside demonstrated a serious and rigorous approach to evaluating technology, and we look forward to working with them to our mutual benefit for a long time to come."