Drilling and Evaluation Division, has announced the launch of R5000, a
synchronous software release including upgrades to more than 70 products
spanning all disciplines within the E&P lifecycle. The launch offers oil and
gas operators unprecedented levels of integration, the potential to
customize workflows and the opportunity to make more informed field
development decisions.
productivity and collaboration across disciplines. We listened to our
customers when creating these technology solutions, ensuring that they
directly address the complex challenges exploration and production companies
face," said Chris Usher, Landmark's senior director of technology. "Many
have already begun integrating the R5000 solutions and empowering their
employees to work more efficiently and effectively from insight to
execution."
An Open Environment for Innovation
The DecisionSpace® environment enables you to create cohesive workflows from
Landmark products, proprietary applications, and other vendors' offerings,
truly making your heterogeneous environment more integrated. With this
release, users benefit from new features including drag-and-drop
functionality and enhanced common viewing for any application in the
DecisionSpace environment.
Simplified Data Management and Documented Asset Insight
The OpenWorks® R5000 release introduces new knowledge capture capabilities
so operators can create an audit trail of decision-making while preserving
crucial information for future generations. Additionally the
customer-driven enhancements to the new project management standards address
rampant data duplication issues and enable faster project start up.
The OpenWorks R5000 database also offers integration of 2D and 3D seismic
data at the data model to power the high-science workflows that today's more
complex assets require, such as pre-stack interpretation on the desktop.
With good data quality, leveraging these key enhancements is as easy as a
one-button transfer.
Superior Geoscience Interpretation
With R5000, Landmark has made powerful upgrades to its geoscience
applications, including new features specifically designed to increase
users' productivity when exploring frontier basins and mature fields. In the
PowerView® application for surface interpretation, new tools enable
cross-domain collaboration for well planning and the capture of critical
project and scenario information.
In the new release of GeoProbe®, an industry leading application for 3D
multi-volume interpretation and visualization, users can now access 2D data
directly from OpenWorks. This visualization approach provides a unique
perspective on an area of interest by quickly defining the connections and
continuity between multiple survey lines.
Integrated Drilling Workflows and Increased Productivity
In response to the industry's challenge to monitor drilling volumes and
complex downhole equipment with fewer experienced personnel, upgrades to
OpenWellsT software has made morning reporting quicker and easier. Data
entry forms can now be customized to closely match the required data and
workflows for a specific company or asset. Additionally, Tour Sheet
navigation aids, integrated wellbore schematics and graphical rig editors
can give the rig supervisor greater confidence that required data has been
captured and accurately reported.
More Accurate Reserves Estimation
With the new versions of Nexus®, Decision Management SystemT (DMST), and
FieldPlan® software, operators can better mitigate uncertainty, incorporate
risk factors and utilize business objectives in planning a comprehensive
field development workflow. Together, the software applications generate
more accurate reserve estimates faster than other commercial simulation
solutions through integrated, fully coupled, surface-to-subsurface reservoir
simulation workflows.
Tools to Leverage Unexploited Workflows
Kit (SDK) program to support R5000 data management and infrastructure
applications. The current program builds on the success of the OpenWorks
SDK, released in the 1990s, to provide a springboard for Landmark customers
and partners to construct their own unique workflows and technology
solutions. Numerous leading application vendors are already leveraging these
SDKs to create integration from their products to R5000 solutions and build
unexploited workflows.
"The R5000 release is the realization of a multi-year integration effort by
Landmark that equips our customers with the solutions required to face
today's exploration and production challenges," said Usher. "In upgrading
Landmark applications in all E&P disciplines to a common technology platform
we are also providing an enabling framework for the Digital Asset - a
collaborative Halliburton offering allowing operators to model, measure and
optimize their asset. These new applications empower the industry to connect
people, technology and processes for more efficient decision making."
