Business and Geoscientific Software Will Enhance Research, Education
CALGARY - Schlumberger Information Solutions (SIS) today announced that it has contributed a package of ECLIPSE* reservoir simulation software and the popular Merak Peep economic evaluation and decline analysis application software to the Southern Alberta Institute of Technology (SAIT).
Valued at $16.7 Million, the comprehensive package of geoscientific, reservoir simulation, economic evaluation, and decision analysis software applications will enhance the quality of education in geosciences, especially in oil and gas reservoir characterization and economics.
"The software will be used to broaden student exposure to state-of-the-art software currently used by companies in the energy industry," says Dr. Faramarz Azar-Nejad, an instructor for SAIT's Bachelor of Applied Petroleum Engineering Technology program. "Access to the latest geoscientific and business software not only helps students to better understand the theory and concepts in the classroom, it also prepares them to enter the oil and gas industry as highly productive technologists and engineers."
"Schlumberger has a clear commitment to higher education internationally. Furthermore, this type of contribution helps our clients potentially save millions of dollars in training costs over time, as new graduates arrive on their doorsteps having already mastered key software applications. This is our latest effort in a strong tradition of commitment here in Canada and to the Calgary community at large," said Catherine Hughes, manager of Schlumberger Oilfield Services-Canada.
The Schlumberger Worldwide University Software Program is part of a global Schlumberger initiative begun in 1998, with the idea of providing students and staff of Earth Sciences Departments all over the world with hands-on experience of E&P and simulation software. The program offers software developed and marketed by SIS to selected colleges, technical institutes and universities at minimal cost, providing three-year renewable licenses, software maintenance, training and technical support. Post-secondary institutions selected for the program can use the software to instruct students as part of a course curriculum or to conduct academic research. The software is not intended for commercial use by the post-secondary institution.
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About the Organizations
SAIT, North America's first publicly-funded post-secondary institute of advanced technology, offers four applied degrees, 81certificate and diploma programs, 5 IT Fast Tracks, 26 apprenticeships and pre-employment programs and thousands of continuing education and customized industry courses. SAIT provides students with training in leading-edge technology while providing the opportunity for industry to train employees in today's dynamic global marketplace. Visit www.sait.ca for more information.
Schlumberger is the world's leading oilfield services company supplying technology, project management and information solutions that optimize performance for customers working in the oil and gas industry. The company employs more than 50,000 people of over 140 nationalities working in 100 countries, and comprises two primary business segments. Schlumberger Oilfield Services supplies a wide range of products and services from formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity to consulting, software, information management and IT infrastructure services that support core industry operational processes. WesternGeco, jointly owned with BakerHughes, is the world's largest seismic company and provides advanced acquisition and data processing services. In 2003, Schlumberger operating revenue was $11.5 billion. For more information, visit www.slb.com
For further information, contact:
Linda Silinsky
External Communications Manager
Schlumberger Oilfield Services
Tel: 1 281 285 4270
silinsky@slb.com
Larry Lalonde
Public & Community Relations Specialist
SAIT (Calgary, Alberta, Canada)
Tel: 403 284 8473
Mobile: 403 512 3291
larry.lalonde@sait.ca
© Press Release 2006
