Petris Secures Contract with OMV and OMV Petrom to Provide Complete Lifecycle Wellbore Data Management Solutions
Petris to deliver its borehole data management solution to improve exploration, field development, and production business decisions.
HOUSTON, TX, August 1, 2012 - Petris Technology, Inc. (www.Petris.com), a leading supplier of data management and geosciences applications to the global oil and gas industry, announced today that OMV AG and OMV Solutions GmbH (OMV), with OMV PETROM S.A. (OMV Petrom), have selected Petris’ borehole data management solution (BHDM) for their Well Log Management System (WLMS) project.
BHDM provides comprehensive data management solutions for all types of borehole data, including digital well log, petrophysical, core, and geomechanical data. The solution includes strategic consulting to define and develop automated workflows for quality control, data verification, allowing integration, and data distribution with OMV’s various upstream applications.
The technology employed by OMV leverages both PetrisWINDS Recall and PetrisWINDS Enterprise (PWE).Recall provides the broadest range of support for digital well logs, including an automated data quality verification and data publishing workflow. PWE provides a “light interface” web access to wellbore data, as well as a GIS interface for geographic searches, and integration of data from several internal and third-party applications within already existing corporate workflows at OMV.
The solution will be implemented in the OMV and OMV Petrom offices. Access will also be allowed from the full range of OMV remote office locations for a managed, quality-ensured flow of data throughout the organization, while still under the complete control of the data owner.
“After market evaluation, Petris borehole data management solution was chosen as a modern and integrated system which provides all required functionalities to manage borehole related data and support business processes by enhanced workflows,” Peter Berger OMV E&P, Mirela Shoro OMV E&P.
Utilising a web-based ‘drop-box’ wizard, authorised users can deliver validated well data electronically, which is then checked and automatically loaded into a temporary staging area using the Recall Autoloader before being quality controlled using the Recall Automated Verification Engine (RAVEN). Once the data has passed all the checks, email notifications are sent to designated managers for final approval before being published into the Recall Corporate Database. The high-business value curves are then ready for use in OMV and OMV Petrom’s project applications while the original format data (raw data, reports, etc.) are stored in the Recall archive.
PetrisWINDS Recall is a leading data management solution for handling, storing and processing well bore data. PetrisWINDS Enterprise is a web-based and GIS-enabled data integration and interoperability application for E&P companies.
For more information about Petris or the PetrisWINDS family of products, please visit www.Petris.com.
Petris is a leading supplier of practical data management solutions and geosciences applications to the global energy industry. Founded in 1994 and with over 500 clients throughout the world, Petris leverages its insight and knowledge to design technology that integrates information from diverse data stores including managerial, seismic, borehole, production, drilling, and pipeline to enable continually better decision making and application transparency.
With Group sales of EUR 34.05 bn and a workforce of 29,800 employees in 2011, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Exploration and Production, OMV is active in two core countries Romania and Austria and holds a balanced international portfolio. OMV had proven oil and gas reserves of approximately 1.13 bn boe as of year-end 2011 and a production of around 288,000 boe/d in 2011. In Refining and Marketing, OMV has an annual refining capacity of 22.3 mn t and as of the end of 2011 approximately 4,500 filling stations in 13 countries including Turkey. In Gas and Power, OMV sold approximately 272 TWh of gas in 2011. In Austria, OMV operates a 2,000 km long gas pipeline network with a marketed capacity of around 101 bcm in 2011. With a trading volume of around 40 bcm in 2011, OMV’s gas trading platform, the Central European Gas Hub, is amongst the most important hubs in Continental Europe. OMV further strengthened its position through the ownership of a 97% stake in Petrol Ofisi, Turkey’s leading company in the retail and commercial business.
About OMV Petrom
OMV Petrom is the largest oil and gas group in Southeastern Europe, with activities in the business segments of Exploration and Production, Refining and Marketing as well as Gas and Power. The Group consolidated its position on the oil market in Southeastern Europe following a far-reaching modernization and efficiency increase process whereas investments accounted for more than EUR 7.7 bn during the last six years. In Romania and Kazakhstan, the Group exploits proved oil and gas reserves of approximately 812 mn boe (thereof 786 mn boe in Romania) and has a maximum annual refining capacity of 4.5 mn t as of end of 2011. OMV Petrom is present in the distribution market for oil products in Romania, Republic of Moldova, Bulgaria and Serbia through a network of approximately 800 filling stations, operated under two brands, Petrom and OMV. In Romania, this activity is performed through OMV Petrom Marketing, 100% owned by OMV Petrom. For its sustainable development, OMV Petrom has expanded the gas value chain into power. In this context, OMV Petrom has built an 860 MW gas fired power plant project at Brazi and began commercial operations at the Dorobantu 45 MW wind park. In 2011, the Group’s turnover was EUR 5,336 mn, EBIT was EUR 1,165 mn.