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Petex, a petroleum engineering software company, donates 1.9 bil...
  • Writer : Communications Team
  • Hits : 235
  • Date : 2018-10-24


Petex, a petroleum engineering software company, donates 1.9 billion worth of software to Department of Earth and Environmental Sciences; an opportunity to train experts and improve the efficiency and applicability of various R&D projects.


 

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UK’s petroleum engineering software company, Petroleum Experts Limited (Petex), donated educational software worth KRW 1.9 billion to the Department of Earth and Environmental Sciences, College of Science.

 

Founded in the UK in 1990, Petex specializes in petroleum engineering software and consists of software engineering or petroleum/gas engineering experts. With over 420 clients worldwide, its business is mainly focused on modeling software for petroleum and gas development. However, applications of the company’s software engineering products are not limited to the field of petroleum engineering. With its exploration features, the software can cover the entire process of modeling from exploration to the development and production of petroleum and gas.

 

The Move Suite software donated by Petex is mainly focused on geological exploration for experts of Geology and Geophysics (G&G), a field of petroleum/gas exploration.

 

In addition to its basic geological surveying function, the Move Suite provides analysis functions and modeling features which enable not only surface exploration but also the mapping and modeling of subsurface structure, which is usually studied in the field of structural G&G. By the use of this software, KU’s Department of Earth and Environmental Sciences anticipates making great progress in training professionals in G&G and performing related R&D projects.

 

[List of donated products]

 

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The Move Suite software may be applied to various activities including: collecting basic geological data and creating databases; analyzing subsurface structures based on the collected data; and 3D mapping and modeling of dynamic structures.

 

Prof. Ho young Jo, Department of Earth and Environmental Sciences said, “Such analysis technology is something that can be directly applied to the field.” He added, “This will provide great opportunities for students to develop their careers within campus while also improving the efficiency and applicability of the R&D projects currently in progress.”

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