IHS INC. 
By Geoscience software delivers unique, dynamic depth-conversion capabilities, enabling geophysicists and geologists to dramatically reduce cycle times associated with traditional computer velocity modeling and time-to-depth processes
IHS (NYSE: IHS), the leading global source of information and analysis, has launched IHS Kingdom® 8.8, the latest release of its industry leading geoscience software. IHS Kingdom now enables geologists and geophysicists to conduct dynamic depth conversion of time-based data - transforming a common geosciences workflow and increasing the efficiency and accuracy of a process that used to take hours to complete, but is now accomplished in seconds.
IHS Kingdom is a Microsoft Windows®-based geoscience software interpretation tool used by thousands of geoscientists in more than 100 countries to evaluate potential oil and gas reservoirs and plan field development. This major release provides a new velocity modeling feature designed to significantly increase workflow efficiency since it is built into the interpretation environment and automatically integrates with commonly used data, such as horizons and well tops. This feature allows interpreters to leverage this data to build and maintain a virtual velocity model to convert data from time to depth in a fraction of the time when compared to current practices.
"This new release of IHS Kingdom and its dynamic depth-conversion capability has been described by some of our clients as being truly 'transformational,' and one large U.S. independent has already made it a best-practice requirement for the company's drilling and geoscience teams, since they can make geo-steering adjustments using seismic information that helps them stay in the target pay zone of the reservoir," said Rich Herrmann, vice president of geosciences at IHS. "We're excited to release this new functionality since many geoscientists and drilling engineers have told us that this capability is something they've wished for to accelerate their workflows and improve accuracy."
"Kingdom's dynamic depth conversion is game changing," said Dan Shearer, geophysicist at Chesapeake Energy. "It allows effective multi-disciplinary collaboration in a common language - depth. With this software solution, we can, in minutes instead of hours, enter tops for a drilling well, compute the localized depth conversion, and very accurately predict the geology ahead of the bit. Our geologists and engineers have fully embraced real-time, depth-converted seismic data."
"Typically, geoscientists would have to build and update velocity models with new data as it became available and then, over the course of several hours, would convert that time-based data from the geophysicist into depth, which is required by geologists and engineers," said Hank Chambers, director of IHS Kingdom product management. "Formerly, this was a time-consuming process prone to errors. As a result, when drilling costs might run $100,000 a day or more, it meant few operators were willing to stop the drilling process for several hours to update the data volumes, even though accuracy was likely to suffer. Now, because the depth conversion functionality is embedded in Kingdom, the operator who is geo-steering the well has real-time information to make more accurate decisions on where to steer the well."
In the past, Chambers noted, the depth conversion process was considered a specialty function - a static process usually conducted by a company's resident geophysicist expert. "Now it becomes a shared workflow process, since geologists, engineers and geo-steerers are able to use it."
"From well planning through drilling of horizontal wells in the Eagle Ford, Kingdom's new automated depth conversion software has already proven to be invaluable," said Bruce J. Moriarty, geophysical advisor, Swift Energy Operating, LLC. "We can plan wells faster and more effectively make adjustments while drilling in order to stay in zone."
In addition to its dynamic depth conversion capability, the IHS Kingdom 8.8 release offers additional new features to users, including IHS Kingdom SeismicExplore™, which adds a more sophisticated and robust SEG Y viewer and editor, enabling users to quickly analyze SEG Y files in order to incorporate them into a project. Another top function on the geoscientist's wish list, this easy-to-use tool solves the day-to-day challenge of importing data into multiple software packages.
IHS Kingdom Direct Connect™, the direct link between IHS Kingdom and IHS information subscriptions, has now been extended to support international well information - providing insight into basins around the world. For IHS information subscribers, this feature further enhances their ability to obtain international information for more than 120 countries.
With this release, IHS provides geologists with significant additions and improvements to Kingdom EarthPAK™, including new cross-section and correlation capabilities, enhanced well displays, and more robust interpretation tools to efficiently unravel stratigraphic and structural complexities in the subsurface.
To learn more about these and other new enhancements in this release, view the Kingdom 8.8 What's New PDFavailable from the IHS Kingdom website
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