subject: Premier Energy Amicable Exploration Technology [print this page] With the mention of Premier Energy, the question in many peoples mind is how the company manages to utilize its inherent technology in the development and appraisal of its oil fields. The answer is PowerLog, an entity the Premier Oil Companys team uses as an assist in the correction and analysis of its data. The reason for this choice is the kind of leading algorithms and processors that PowerLog avails, such as Juhasz, Waxman Smits, Dual Water and Archie.
One of the main reasons for the use of PowerLog is in Petrophysical analysis, which is an overt visual process, and PowerLog comes handy in this for the interpretation and analysis of data. The petrophysics PowerLog software is able to support the interval dual display in the process of editing of multi wells. This is done through the identification of a rather soft and hard interval, where they are then used in the calibration of the whole log. With PowerLog and Premier Oil Energy Corp. needs to carryout an auto-normalize process, more so for a series of wells, it provides the successful process, mostly if the wells need a similar fix.
In addition, the advanced capabilities in interpretation let the Premier Energy corp. team to calculate the porosity, clay volume, water saturation and lithology. This is done to fruition through the use of complex and simple sand modules of shaly and lithology. Apart from the obvious PowerLog uses, it also gives environmental corrections from largely major logging organizations such as Sperry-Sun, Baker Atlas and Schlumberger.
Advancements in technology and constant use of emerging technologies means that a company is on a success mission, but success as such runs down from the technological aspect to the paradigm of corporate governance that has been set. At Premier Energy, superb corporate governance stands supreme as a major consideration for its international partners in many of its projects. It is a trait of most respected companies that Premier Oil has perfected. Immaculate corporate governance does not benefit one, but generally the entire stakeholders of Premier Energy, from the customers, partners, suppliers, and shareholders to employees.
It is through the networking and good relations of these interested individuals that the best in Premier Oil is accomplished, where it is also able to adopt the best in terms of technology and novel deals, such as the acquisition of Karbon, operating under the laws of the Federation of Russia. Premier Energy Oil Corp. Understand the essence of good relations with all the stakeholders of the company and in setting one of the highest standards that has made it to soar as an international oil and gas Company, whose tentacles have extended to different regions across the world.
It is not a surprise that such a company then has the benefit of the best technology as well as having an eye for innovation and any emerging technology in its path of operation. It is a company cut out for success.
