Shell, Techsia to develop reservoir software

Shell International Exploration and Production BV and Techsia SA have agreed to develop and implement jointly Techsia's petrophysical software Techlog. Techlog is a reservoir characterization program to analyze and interpret log and core data.

Offshore staff

THE HAGUE, Netherlands --Shell International Exploration and Production BV and Techsia SA have agreed to develop and implement jointly Techsia's petrophysical software Techlog. Techlog is a reservoir characterization program to analyze and interpret log and core data.

"Techlog will help us to develop and implement further new applications," says Hans de Wall, global head of petrophysics for Shell. "We are already seeing its impact on project cycle times and look forward to further benefits, using the Techlog© platform."

The Techlog software suite is being enhanced in two phases according to the agreement:

Phase 1 is aimed at meeting the fundamental petrophysical workflow requirements, producing benefits in the data model, depth/time reference management, connectivity, user programming capabilities, multi-well layout performance, and hierarchical parameter management.

Phase 2 is expected to develop the functionalities of the Techlog platform beyond the industry standard offerings, by integrating Shell's petrophysical tools.

5/30/2007

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