TrustRadius: an HG Insights company

Petrel E&P

Score6 out of 10

7 Reviews and Ratings

What is Petrel E&P?

Petrel E&P, from Schlumberger, is a modular suite of applications designed to support exploratory geological study and geological modeling, with features such as data visualization, and other model building tools.

Categories & Use Cases

Very Powerful Software, Steep Learning Curve

Pros

  • Petrel handles multiple coordinate systems better than competitors.
  • The object tree organization in Petrel is intuitive and user-friendly.
  • Easy to handle data across multiple UTM zones by allowing geodesic coordinates.

Cons

  • When importing files from external sources, the format selection is often confusing and doesn't seem as flexible as competitors.
  • I find the organization of modes and functions in the tabs, cluttered and often overwhelming for occasional users.
  • Hard to handle large well data sets with multiple well names and UWIs due to the lack of a database link.

Return on Investment

  • It allowed us to handle datasets across the entire basin.

Alternatives Considered

Paradigm

Other Software Used

CorelDRAW Graphics Suite, Surfer, Paradigm

Petrel is the go to tool for geological 3D subsurface modelling

Pros

  • Petrel is a complete tool, it can help with almost all of the areas needed for oil exploration. From well log interpretation to seismic processing and interpretation.
  • The mathematics involved in all the simulation processes is really accurate so the geological models are extremely detailed, which allows us to grow apart from the usual layer cake stratigraphic models.
  • Once you get the hang of the program, it is really intuitive, and all the workflows are easy to handle.

Cons

  • Petrel is extremely expensive, working with it in a small company is almost impossible. This shouldn't be an issue for a large company or for a big university with a large budget for investigation.
  • Since it has so many functions it can be overwhelming once you begin using it, so I highly recommend to pay for a Schlumberger instructor.
  • The seismic attributes could be improved since they are not entirely accurate.

Return on Investment

  • Working at the University of Oklahoma the investment is well paid since geoscientist are formed with the best tool available.
  • Keeping in mind that the software is really expensive, for the product to have an economic positive impact the project's revenue has to be large.