BOULDER--October 7, 2003--Independent oil companies shoulder the burden of America's energy production from domestic resources (85% of wells drilled, 75% of natural gas production, 40% of oil production). Unfortunately, for both their profits and national security, the advanced geological interpretation software used by the major "super-giants" has rarely been an option for these 7000 small, locally owned operations because of high cost and ease-of-use issues. With the release of LithoTect Interpreter from Geo-Logic Systems, LLC of Boulder, Colorado (GLS), such obstacles are removed.
LT Interpreter is a full-featured geological analysis software package now being made available at a truly affordable price of $5,000. It combines unlimited data fusion (seismic, wells, logs, map and outcrop, section, raster, DEMs, lat/long-UTM conversions, copy-and-paste import/export and more), state-of-the-art depth conversion and subsurface reconstruction tools, along with professional presentation capabilities. Maps, wells, and cross sections can be interpreted in 2D or 3D and it is highly successful for well monitoring and measurement-while-drilling. Its abilities for converting interpretations, seismic, and wells between time and depth are unmatched. Not only is it impossible to find an application with as many features, LT Interpreter is now available at a fraction of the price of more limited and difficult to use software.
If a specialist's knowledge is needed, LT Interpreter's plug-in technology allows the immediate addition of sophisticated, proven, structural restoration and balancing capabilities (including decompaction, isostatic adjustment, and forward modeling) on a pay-for-use basis, keeping costs squarely in line with the job at hand. While inexpensive, the results provided by LT Interpreter offer huge financial rewards: fewer dry holes and more winning reservoirs.
LithoTect Interpreter is written in pure Java and runs identically on all platforms, including Windows, MacOS, Unix, and Linux. It has an ultra-modern user-interface built around industry standard display technology from INT. "The integration of INT technology has been instrumental in GLS's decision to offer LT Interpreter at such a low price point," reported James Geiser, President of GLS.
About the organizations:
Geo-Logic Systems, Inc. was started in 1983 to create the first computerized structural restoration program. Reformed as Geo-Logic Systems, LLC in 1998 and based in Boulder, Colo., the GLS mission is to carry on pioneering work in applications of structural geology to petroleum and minerals exploration and production. The earth modeling application framework of LithoTect -- called EMAF -- is designed to help both the individual specialist and the asset team transform raw data into the geological knowledge from which reasonable reservoir risk can be derived. EMAF is based on an open, collaborative computing architecture, permitting the addition of analysis modules provided by other vendors as well as customers. GLS is on the Internet at www.geologicsystems.com.
INT, Inc. is a software and consulting company based in Houston,
specializing in the development of graphics toolkits and graphics
intensive applications. INT's data visualization software products
enable programmers and vendors working in Java, C++ and C environments
to enhance the performance and functionality of their graphics
applications while reducing development times and maintenance costs.
For more information on INT, visit www.int.com or e-mail info@int.com
Geo-Logic Systems, Boulder
Bob Ratliff, 303/443-2920