March 23, 2017 7:18 AM ET

Software

Company Overview of Paradigm Ltd.

Company Overview

Paradigm Ltd. develops software-enabled solutions for the global oil and gas industry. The company offers seismic processing and imaging, interpretation and modeling, reservoir characterization, reservoir engineering, and data management and interoperability solutions, as well as well planning, drilling engineering, and geo-steering solutions. Its solutions help natural resources companies in assisting their exploration and production decisions by providing deeper insight into the subsurface. The company also offers formation evaluation software for the assessment of well integrity to ensure safe operations; and well schematics and production logging tools to assist with post-production form...

Two Memorial Plaza

820 Gessner

Suite 400

Houston, TX 77024

United States

Founded in 1987

850 Employees

Phone:

713-393-4800

Fax:

713-393-4801

Key Executives for Paradigm Ltd.

Chief Executive Officer, President and Director
Age: 52
Founder and Non-Executive Chairman
Age: 59
Chief Financial Officer
Chief Operating Officer
Age: 59
Chief Technology Officer of Interpretation and Modeling
Age: 54
Compensation as of Fiscal Year 2016.

Paradigm Ltd. Key Developments

Paradigm Signs Multi-Year Access Agreement with Beicip-Franlab

Paradigm announced that it has signed a multi-year access agreement with Beicip-Franlab for a wide spectrum of software solutions, including seismic and geological interpretation, formation evaluation, and subsurface modeling. Beicip-Franlab will propose to its clients the use of the Paradigm software in its worldwide petroleum upstream consulting services, including applications such as SeisEarth ®, Geolog ® and SKUA-GOCAD ™. The integrated solution provides Beicip-Franlab with easy access to advanced geoscience capabilities in an integrated platform, enabling them to meet their customers’ requirements efficiently and cost effectively.

North Caspian Operating Company Extends its Agreement with Paradigm for Managed Services

Paradigm® announced that North Caspian Operating Company N.V. (NCOC) has extended its agreement with Paradigm for the provision of Technical Information Management (IM) and Computing Support and Consultancy in Kazakhstan. The new three-year framework agreement extends a previous six-year relationship between Paradigm and NCOC.

Paradigm and IDB Resources Sign Exclusive PCDx Tumor Profiling Service Agreement

Paradigm has signed a distribution agreement with IDB Resources to enable patient access to its cancer profiling service, PCDx, in Malaysia, Brunei & Singapore. According to a media release, PCDx is a clinical-grade NGS-based test that is designed to provide physicians and patients with a more targeted, personalized approach to cancer treatment by identifying the underlying genomic and proteomic alterations of a tumors DNA, RNA & Protein. The test interrogates the most relevant genomic targets at over 5,000x average depth of coverage with 72 therapeutic associations. Results are typically delivered in 4-5 business days.

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Recent Private Companies Transactions

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