Understanding oil and gas software key terms is crucial for success in the petroleum and natural gas industries. Reservoir engineers and other professionals rely on oil and gas software for dynamic modeling of possible well sites. Many different software applications are useful to the oil and natural gas industries. Well log software is useful for subsurface applications. Petrophysical software helps oil companies manage the vast amounts of data they produce before, during, and after drilling. Seismic interpretation done with such software is crucial to drilling safety and success.
Petrophysical softwarePetrophysical software gives oil companies the tools engineers need to analyze the vast amounts of data they produce in drilling for and producing oil. This type of software uses algorithms to calculate data like porosity, saturation and volume of a well before workers drill it.
Operator systemThe operator system in gas and oil software usually handles the accounting aspects for the business.
Dynamic modelingDynamic modeling, as opposed to static modeling, involves simulating active processes. Among other things, software for oil and gas production must calculate drill rates and fluid density.
Seismic interpretationSeismic refers to the fault lines on the Earth's surface. The fault lines cause earthquakes. Seismic interpretation is essential to determining the safety and ultimate production value of an explored oil or gas drilling site.
Well log softwareWell log software helps manage the immense amounts of data involved in drilling an oil or gas well. It can compute everything from soil porosity to water saturation.
Subsurface applicationsBefore drilling begins, it is important to know what's going on below the surface. Software can help interpret data, so reservoir engineers can make decisions based on what the team is likely to encounter.
Office of Technology at the University of Texas at Austin.