Paradigm to supply software to ONGC

Paradigm has agreed to provide Oil and Natural Gas Corp. (ONGC) with software solutions.
Dec. 5, 2007

Offshore staff

MUMBAI, India -- Paradigm has agreed to provide Oil and Natural Gas Corp. (ONGC) with a central server license for all Paradigm interpretation, modeling, reservoir characterization, well planning, and drilling software solutions.

The $3-million agreement marks the first deployment of geotechnical and geoenvironmental software licenses on a central server for India-wide use.

"Providing enterprise-wide access to Paradigm's sophisticated exploration tools to all 27 of ONGC's geographically dispersed centers builds on the already significant installed base of our users," says Jorge Machnizh, Paradigm COO. "We are pleased to provide ONGC with this cost-effective answer to its development needs and continue our partnership within India and beyond."

12/05/2007

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