Geotrace has announced the introduction of the first of its two-phased Diamond Integrated Geosciences Environment system, a new software platform for processing and integrating all the disparate data types and formats involved in the exploration and production processes.
In development for just 17 months, the first phase of the software platform is capable of processing and integrating widely different data types and formats such as seismic data, well logs, core data, production data and reservoir models so that they can be accessed and utilized through one software platform. Phase two, which will increase the software platform’s functionality, should be complete by year-end.
“The Diamond project began as a complete redevelopment of a seismic data processing system. Our goal was to dramatically increase efficiency by redesigning from the ground up by using modern hardware as well as programming languages and tools,” said John Weigant, Geotrace’s vice president of geotechnical applications. “Diamond actually goes way beyond that. We have re-thought everything—from the way seismic data is stored and manipulated to how computer resources can be allocated and used for optimal efficiency.”
The new software system was created to take full advantage of more modern hardware architectures such as LINUX clusters and some of the new distributed data storage solutions. Diamond also was expanded so that it fully integrates with Geotrace’s recently acquired Tigress services and software tools. While Diamond provides fast and efficient processing and the use of large seismic data volumes, Tigress offers the same capabilities for petrophysical, geological, production and other downstream data types.
“Tigress also provides the database and data management capabilities that make seamless integration a reality. This puts us one step closer to our dream of unifying subsurface information from core scales to basin modeling using the seismic data as the ‘glue’ that ties it all together,” said Dr. Jaime A. Stein, Geotrace’s chief geoscientist. “Diamond represents our commitment to technological innovation and development—a significant part of Geotrace’s overall strategy. Diamond’s implementation and its ability to work seamlessly with our Tigress suite underscores Geotrace’s intent to be the leading processor and integrator of data for the E&P industry.”
Recommended Reading
TransMontaigne Announces Two Facility Sales Totaling $210MM
2025-01-23 - Two wholly-owned subsidiaries of TransMontaigne Partners LLC have agreed to the sale of terminal facilities in Florida and Virginia.
Helmerich & Payne Seals $1.97B Deal for KCA Deutag
2025-01-16 - Helmerich & Payne has completed its acquisition of KCA Deutag International Ltd. as it positions itself as a global onshore drilling powerhouse.
GridStor Acquires Battery Storage Project from Black Mountain
2025-01-16 - GridStor’s acquisition of the battery energy storage project in Oklahoma from Black Mountain Energy Storage comes amid a need for new power resources to support the region’s electric system reliability.
Green Lantern Sells Vermont Solar Project to Sea Oak Capital
2025-01-15 - Green Lantern Solar’s 500-kW Brighton Solar project is sited on the closed portion of an operating family-owned gravel operation.
Report: Will Civitas Sell D-J Basin, Buy Permian’s Double Eagle?
2025-01-15 - Civitas Resources could potentially sell its legacy Colorado position and buy more assets in the Permian Basin— possibly Double Eagle’s much-coveted position, according to analysts and media reports.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.