KNOWLEDGE RESERVOIR ROLLS OUT Reservoir KB DEEP WATER RESERVOIR PERFORMANCE KNOWLEDGE BASE WITH STRONG INDUSTRY SUPPORT
HOUSTON, April 2, 2004 --- Knowledge Reservoir has launched Reservoir KB, a web-based, deepwater reservoir performance knowledge base for the Gulf of Mexico.
Twelve major players in the deepwater Gulf of Mexico have subscribed to Reservoir KB and have cited considerable gains in efficiency as a result of using the tool in their exploration work flow.
The Gulf of Mexico module of Reservoir KB incorporates information drawn from 54 deepwater fields in production as well as 18 sanctioned fields. It includes detailed reservoir performance data from 81 reservoirs and 264 wells.
Dr. Ivor Ellul, CEO of Knowledge Reservoir said "We are pleased with the industry’s reaction to, and strong support for this new knowledge base. We have plans to aggressively deploy the Reservoir KB framework to encompass client proprietary data, as well as for other deepwater regions around the world including West Africa, Brazil, and the North Sea.”
