Reservoir Driven Production Optimization: A GE - Paradigm Partnership

Paradigm Education Series

Presented by:   Indy Chakrabarti, Senior Vice President of Product Management and Strategy
Featured Domain:  Reservoir Characterization
Featured Technology: SKUA-GOCAD

Abstract

Dynamic modelling of production is typically the realm of reservoir engineers, yet day to day production operations are handled by production engineers. With pressure in the industry to produce more for less, GE and Paradigm have partnered to merge subsurface geological knowledge with production information to arm production engineers with better knowledge about how to optimize day-to-day production.  
 
This presentation provides an overview of our partnership with GE Oil & Gas and how our new Reservoir Driven Production Optimization (RDPO) service helps production engineers make field development decisions with a contextual understanding of the reservoir.  RDPO aims to reduce silos between production and reservoir engineers to better predict the impact of interventions while building a strategy that allows for field level optimization rather than focusing on a well-by-well strategy. The RDPO service combines the Paradigm SKUA-GOCAD geologic modeling solution with GE’s Field Vantage production optimization software. 
 
Click here to learn more about Reservoir Driven Production Optimization (RDPO) or visit www.pdgm.com/ge-pdgm.
 
Demo content courtesy of GE, Paradigm and StreamSim Technologies, Inc.

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Biography

Indy ChakrabartiIndy Chakrabarti has more than 15 years of experience in product strategy, corporate marketing, and product management. He began his career in 1998 and has worked for leading software and oil and gas companies, including as the Vice President of Strategic Marketing at MicroSeismic Inc. and Chief Marketing Officer at Seismic Micro-Technology (SMT).  Indy has a BS in Electrical and Computer Engineering from Rice University, and a master’s in Engineering Logistics from Massachusetts Institute of Technology (MIT).