Senergy, a provider of fully-integrated project and asset development services to the energy industry, and oil and gas exploration and production company Apache Corp. have entered a partnership to provide the oil and gas industry with previously proprietary geosteering and other software aimed at improving the evaluation and productivity of unconventional resource developments.
Senergy will receive patented and unique geosteering software designed by Apache as part of a Cooperative Software Development Agreement, and the technology will be used within Senergy’s Interactive Petrophysics (IPTM) and Oilfield Data Manager (ODMTM) software suites.
The new technology package consists of PetroSleekTM, a patented and innovative tool for geosteering, together with several other unique modules which perform a variety of calculations to enhance the evaluation of subsurface formation data. Additional tools in the package include a complete unconventional resources workflow, a fluid properties tool and a salinity calculation tool.
“With the large number of high angle and horizontal wells now being drilled globally it has become essential to be able to position a well correctly in a target subsurface formation to maximize the productivity and therefore the value of the well,” said John Fraser, Senergy’s vice president of software.