Fugro-Jason Provides Reservoir Characterization Licenses to Fluminense Federal University

  Fugro-Jason Provides Reservoir Characterization Licenses to Fluminense
  Federal University

    Students will use software to leverage seismic information for better
                          reservoir characterization

Business Wire

HOUSTON -- December 14, 2012

Fugro-Jason, the leader in reservoir characterization technology for the oil
and gas industry, today announced a grant of Jason Workbench, EarthModel® FT
and PowerLog® licenses to Fluminense Federal University in Brazil. The
software licenses will be used by undergraduate and graduate students in the
Geology and Geophysics Department. Fugro-Jason software improves reservoir
surveillance, enabling customers to maximize each field’s potential. The
software integrates all available information into detailed, consistent models
of reservoirs, with powerful geostatistical reservoir characterization;
wavelet estimation and well to seismic ties; and 2D and 3D seismic inversion.

“UFF students are learning how to understand and interpret complex geological
and geophysical information, preparing them for a rewarding career in the oil
and gas industry,” said Eric Adams, Fugro-Jason Managing Director. “Our
software gives them the opportunity to put what they learn in the classroom
into practice, giving them an advantage in the workforce.”

Fluminense Federal University was founded in 1960 in Rio de Janeiro. The
Geology and Geophysics Department offers an undergraduate degree in Geophysics
and Geology and advance degrees in Marine Geology and Geophysics. About 200
students in total are enrolled each year in these programs.

“This software grant allows us to take on new projects in seismic inversion,”
said Marco Antonio Cetale Santos, Head of the Geology and Geophysics
Department. “We intend to develop, study, analyze and compare different
approaches to better estimate seismic impedance using Fugro-Jason software.”

About Fugro-Jason

Fugro-Jason (www.fugro-jason.com) delivers innovative software products and
services to help clients identify and produce hydrocarbon deposits by
integrating information from the various geoscience disciplines. Fugro-Jason
software applications make it possible to integrate geological, geophysical,
geostatistical, petrophysical and rock physics information into a single
consistent model of the earth. Applying Fugro-Jason’s technology through its
software and consulting services substantially improves E&P investment return
by adding invaluable reservoir model information to reduce the risks, costs
and cycle-times associated with exploration, appraisal and field development
and production. Fugro-Jason is an operating company of Fugro NV. Fugro was
founded in 1962 and is listed on Euronext NV, Amsterdam, The Netherlands.
Fugro has more than 14,000 staff and a permanent presence in more than 60


Joe Jacquot, Marketing Manager
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