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Geomodeling Presents at 2005 EAGE Workshop on June 12

June 10, 2005

On June 12, Geomodeling Technology Corp. will present at the 2005 EAGE 'Geomodeling Tools' Workshop in Madrid, Spain. In his presentation, "SBED Studio: an integrated workflow solution for multi-scale geomodelling", Geomodeling President and CEO Dr. Renjun Wen will demonstrate how multi-scale geological heterogeneity modeling with SBEDStudio can improve the prediction of hydrocarbon production profiles.

Results from a simulated study show that integrating SBEDStudio's reservoir heterogeneity models can impact recovery factor forecasting for channelized reservoirs by up to 50%, compared with conventional heterogeneity models that are more statistically driven. The major reason for the difference is due to the fact that SBEDStudio has modeled sub-seismic boundary surfaces, which can be important permeability barriers.

For more information, contact:

Geomodeling Technology Corp.
Suite 1510, 540 - 5 Avenue SW
Calgary, Alberta T2P 0M2
Canada
T: + 1 403 262 9172
F: + 1 403 262 9171
info@geomodeling.com

Or visit us at:

Madrid 2005, 67th EAGE Conference and Exhibition
June 13-16, 2005
IFEMA - Feria de Madrid Convention Centre
Madrid, Spain
Booth #118