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March 29, 2015 6:10 AM ET

Software

Company Overview of Paradigm Ltd.

Company Overview

Paradigm Ltd. develops software-enabled solutions for the global oil and gas industry. It 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 geosteering solutions. The company also provides reservoir characterization and subsalt services. Its solutions help natural resources companies in assisting their exploration and production decisions by providing deeper insight into the subsurface. The company serves upstream oil and gas exploration and production customers, including oil companies, super-major exploration and produc...

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: 50
Founder and Non-Executive Chairman
Age: 57
Founder and Senior Partner
Age: 55
Chief Financial Officer
Chief Operating Officer
Age: 57
Compensation as of Fiscal Year 2014.

Paradigm Ltd. Key Developments

Ashen Geologic Consulting Services Selects Paradigm Geolog Formation Evaluation Software Suite

Paradigm announced that Ashen Geologic Consulting Services has selected the Paradigm Geolog formation evaluation software suite as its standard application for well log and petrophysical analysis, replacing a competitive software package. Geolog will enable Ashen Geologic to provide borehole image processing and interpretation results that will help its clients reduce uncertainty with a more thorough understanding of the rock fabric.

Paradigm Announces Enhancement to PCDx Cancer Testing Service

Paradigm announced an expansion to their Next Generation Paradigm Cancer Diagnostic (PCDx) service with the addition of key protein biomarkers analyzed by immunohistochemistry (IHC). This enhancement will include the addition of up to 21 IHCs linked to either oncologic therapies or targeted clinical trials increasing the number of actionable drug targets to 65 which is the large number commercially available. The addition of other key targets including hENT1, TS, CTLA4, TLE3, LAG3 and TP is scheduled in a few weeks. With this expansion, the Paradigm PCDx test now provides the ability to interrogate DNA mutations, chromosomal changes, mRNA expression, Copy Number Variations and Protein Expression. Currently, Paradigm is the only organization with the ability to interrogate mRNA targets by NGS in formalin fixed paraffin sections along with the other genomic markers.

Paradigm Renews Access Agreement with Chevron for Next-Generation Software Solutions

Paradigm announced it has signed a new long-term contract with Chevron Energy Technology Company that provides access to an expanded Paradigm product portfolio. In addition to the company's interpretation and modeling solutions, the expanded agreement adds Paradigm solutions for formation evaluation and access to licenses for seismic processing and imaging, and drilling engineering. The broad level of expansion is based on a mutual priority to develop solutions that directly address the needs of Chevron asset teams. The companies will work in collaboration to develop new workflows and functionality within the Paradigm solutions suite to support the company's worldwide operations and competitiveness in the global oil and gas market.

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