Denver USA, October 27, 2014: LMKR today announced that it has
entered into a strategic technology partnership with LUMINA aimed
at improving the methods to interpret and integrate geological and
seismic data critical to maximizing reservoir understanding. LUMINA
offers unique methodologies and tools for quantitative
interpretation based on spectral decomposition and state-of-the-art
optimization techniques allowing for more geological information to
be extracted from geophysical data. LMKR has harnessed these unique
methodologies into a new solution: Predict3D™, which LMKR will
commercialize early 2015.
The benefits that Predict3D bring to the asset team are widespread:
- More informed and accurate decisions: Higher resolution reservoir property volumes such as porosity, volume of shale, TOC, etc. help understand the distribution of rock properties away from the correlation wells, significantly improving the understanding of the reservoir. All members of the asset team - geologists, geophysicists and engineers - are better prepared to make timely, informed decisions.
- More accurate field planning, well planning, completion planning, and geosteering: The ability to predict reservoir properties away from the wells enables more accurate field and completion planning. A sophisticated, multi-attribute property prediction produces detailed reservoir property volumes that allow geoscientists to plan wells more accurately and select optimal landing zones for their horizontals; it also enables geosteerers to keep the bit in the heart of the sweet spot.
- Ease-of-use: Full integration with GeoGraphix solutions streamlines implementation of the prediction process and brings this capability to the desktop of interpreters and engineers. Predict3D has been designed to produce outstanding results and time-effective projects with minimal input from the user.
"LMKR's partnership with LUMINA has enabled us speed-to-market
to deliver advanced geophysics techniques especially effective in
thin-bed or shale plays. This approach is consistent with LMKR's
philosophy for bringing high science capabilities to every
workflow," commented Stan Abele, Vice President of Products,
LMKR.
"The approach that we developed shows geological details not observable in the conventional seismic data, and allows for more detailed and accurate interpretations than are possible with the input data and conventional inversion methods. The multi-attribute inversion process predicts rock properties from well logs away from and in between the wells that have been used for correlation, generating property volumes that are invaluable in understanding the character of the reservoir. This helps understand the nature of the reservoir away from the wells, reducing risk in well planning and field development," said Carlos Moreno, President of the LUMINA Group.
The LMKR GeoGraphix and LUMINA team are demonstrating the capabilities of Predict3D at SEG 2014 Annual Conference & Convention, booth #2280.
About LMKR
LMKR is a petroleum technology company offering
reservoir-centric interpretation, modeling and analytics software,
mobile technology solutions and E&P data services - all focused
towards lowering the risk associated with exploration and
production of conventional and unconventional resource plays. LMKR
holds the global license for development, sales, marketing and
support for GeoGraphix.
About Lumina
LUMINA is a service company that provides geophysical
solutions for the oil and gas industry. LUMINA offers unique tools
for quantitative interpretation, allowing its clients to extract
more information from geophysical data. LUMINA has developed the
next generation of seismic enhancement tools based on spectral
decomposition and inversion techniques mastered by Dr. John
Castagna over the years. LUMINA is currently focusing on the thin
beds of the unconventional plays in the United States, while also
applying its integrated geophysical solutions to a wide variety of
geographical areas.
- We are excited to launch the newly designed GVERSE GeoGraphix website
- GVERSE GeoGraphix US$2.5 million software grant to Oklahoma State University helps students get practical experience of working with advanced geological and geophysical software.
- GVERSE GeoGraphix software grant worth approximately US $4.5 million gives students at the California University of Pennsylvania hands-on industry experience
- LMKR's $8.2million software grant to West Virginia University equips students with hands-on experience of an innovative technological software.
- Announcing the release of GeoGraphix® and GVERSE® 2019.1 - The latest upgrade that comes with GVERSE NOW; a web-based launch platform integrated with iEnergy® Core of Halliburton Landmark
- LMKR releases GeoGraphix 2017.3 and the brand new GVERSE Field Planner, along with features enhancements in GVERSE Geophysics, GVERSE Geomodeling, GVERSE Attributes, GVERSE Planner and GVERSE Predict 3D
- LMKR DeepData Announce Global Partnership to Enhance Collaboration between Geologists Engineers in Unconventional Completion
- LMKR enters into a strategic partnership with Red Buffer for AI and Deep Learning
- LMKR ranked top geologic interpretation software-kimberlite report
- Software Grant Indiana University of Pennsylvania
- LMKR releases a brand new intuitive and easy-to-use seismic interpretation system; GVERSE Geophysics, along with GeoGraphix 2017.2 – combining to create a completely integrated geoscience environment.
- LMKR to provide GVERSE and GeoGraphix product suite to the Division of Oil, Gas, & Geothermal Resources (DOGGR), Department of Conservation, State of California
- LMKR to provide GeoGraphix product suite to the Alaska Department of Natural Resources
- LMKR continues its digital transformation with the launch of GVERSE GO, a pay per use subscription program for instant access to latest software
- LMKR Announces Worldwide Availability of GeoGraphix 2017.1 along with GVERSE Geomodeling for interpreting geology, petrophysics, and geophysics in one integrated 3D environment.
- LMKR + iEnergy - Collaborating on Landmark’s digital network on the cloud
- LMKR announces release of GVERSE Inversion, an enhanced interpretation, reservoir prediction and geosteering solution
- LMKR Holdings acquires full control with changes to ownership structure
- Corporate Announcement GVERSE-GeoGraphix
- Introducing Digital Sales - LMKR launches GVERSE E-STORE
- LMKR delivers a comprehensive study on unconventional prospects to Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL), Pakistan
- LMKR becomes Global Reseller for FracGeo Software
- LMKR Partners with FracGeo LLC to deliver innovative fracture geomechanics software solutions
- LMKR Announces Worldwide Availability of GeoGraphix 2015.1 along with GVERSE Planner and GVERSE WebSteering
- LMKR Announces worldwide availability of GVERSE Suite of Plug and Play Geoscience and Engineering applications
- LMKR Announces the Launch of GVERSE Applications Suite – Revolutionizing the World of Geoscience and Engineering Applications with Fast, Easy to Use Scalable Tools
- LMKR GeoGraphix Contract enters into a 2 year renewal period
- LMKR Appoints Cleantech as Reseller of GeoGraphix Solutions to Oil & Gas Operators Across Europe
- LMKR Partners with CWD to Deliver GeoGraphix Solutions Tailored for the Canadian Market
- LMKR Invests in USLandGrid to Provide GeoGraphix® Access to Oil and Gas Data at the Click of a Button
- LMKR Announces GeoGraphix 2015 Enabling Geoscientists To Do More While Spending Less
- LMKR announces new partnerships, new advanced geophysical capabilities and a new GeoGraphix update
- LMKR GeoGraphix® partners with petroWEB to maximize the user experience accessing data across multiple domains
- LMKR™ Partners with Lumina Geophysical to Maximize Reservoir Understanding
- GeoGraphix 2014.1 Release
- GeoGraphix 2014 Release
- Retraction of Press Release regarding Velocity Manager
- Denver Holiday Forum
- Houston User Group Meeting
- NAPE Nigeria
- Vince Molliconi promoted to Executive Vice President, Global Product Sales
- Argentina Open House
- AAPG Mid-Continent Section Meeting
- SEG 2013
- AAPG ICE 2013
- LMKR Extends GEOGRAPHIX® SOFTWARE grant to Louisiana State University
- LMKR’s work on consolidation of E&P data of Pakistan gets highlighted in Energistics Article
- ASEG-PESA
- Unconventional Resources Technology Conference
- LMKR brings GEOGRAPHIX® SOFTWARE to SAIT Polytechnic classrooms
- LMKR recognized for maintaining and being fully compliant with ENI’s HSEQ Standards at 6th Contractors’ Senior Management HSE Workshop
- Pakistan Association of Petroleum Geoscientists (PAPG)
- AAPG ACE 2013
- GeoConvention 2013
- ESRI Petroleum GIS Conference 2013
- AAPG Pacific Section 2013
- LMKR GeoGraphix® 2013 is released offering greater scalability & performance
- SEG 2012 – Las Vegas, Nevada
- LMKR GeoGraphix® Gives Users’ Direct Access to MapMart Streaming Data Sets
- Envertor 3.1 Released
- SIDE 2012 – Marrakech, Morocco
- Rocky Mountain Section AAPG – Grand Junction, Colorado
- Eastern Section AAPG – Cleveland, Ohio
- SPE ATCE 2012 – San Antonio, Texas
- EAGE Conference & Exhibition 2012 - Copenhagen, Denmark
- GeoConvention 2012 - Calgary,Canada
- AAPG Annual Convention & Exhibition
- LMKR GeoGraphix® Upgrades to Blue Marble’s GeoCalc 6.5 for Maintaining Geospatial Integrity
- Stan Abele Awarded the Ziad Beydoun Memorial Award
- GeoGraphix 2012 Release
- LMKR wins award for Excellence in IT enabled service offering
- LMKR attended the 10th Middle East Geosciences Conference and Exhibition in Bahrain
- User Group Meeting – Karachi Pakistan
- Cairo User Group Meeting
- LMKR City Forums
- LMKR releases PetroHive 1.0.2: A web-based physical & digital data indexing and cataloging solution for E&P companies
- GeoGraphix® announces the Release of Discovery™ 5000.0.2.5
- GeoGraphix® Users now have direct link to MapMart data sets
- LMKR attends Pakistan Oil and Gas Energy Exhibition
- LMKR and Object Reservoir Join Forces to Help Optimize Unconventional Gas Shale Development
- LMKT - A New Strategic Shift
- LMKR Unveils the Convofy-Integrated Plug-In for LMKR GeoGraphix®
- LMKR Global Expansion and Extended Unconventional Solutions Offerings Represented with New Look
- GeoGraphix® Unveils Online Satellite Map Streaming For Discovery™ Suite at 2010 SEG Exposition
- GeoGraphix® Introduces GeoModeling While Drilling Software at 2010 SEG Exposition
- Strategic alliance strengthens Landmark’s commitment to GeoGraphix product line
- Successful debut of the alliance between LMKR and Landmark, an energized GeoGraphix at the Society of Exploration Geophysicists International Exposition and 80th Annual Meeting in Denver, Colorado USA
- LMKR to expand its global footprint by setting up new onshore centers around the globe
- LMKR Signs Three Multi-Million Dollar Long Term Agreements with Landmark Graphics Corporation, Inc.