“Version 3.0 is a significant redesign of the OpenSpirit infrastructure, and is the stepping stone for upcoming OpenSpirit functionality,” said Dan Piette, President and CEO of OpenSpirit. “Our current product provides great support for application developers, but often limits our ability to extend the data footprint into geotechnical areas that are important to our clients. We invested considerable time and resources to this release, the real beauty of which is not so much in the existing functionality, but in the underpinnings that will support OpenSpirit releases for years to come. It’s really the engine to launch the additional data connectors, domains, and tools currently in development and that our clients have been requesting.”

From the infrastructure to the desktop, version 3.0 will have an immediate impact on end users through easier, more streamlined installation, an intuitive user interface, enhanced deployment flexibility and even easier use among OpenSpirit-enabled applications. However, the most exciting benefit of the version 3.0 product line is data footprint extensibility. It is the first in a series of releases that will include new and enhanced data types, expanded domains and new data connectors. The streamlined infrastructure will allow faster rollout of this functionality throughout the years to come.

Calgary-based geoLOGIC systems ltd. and OpenSpirit Corporation of Sugar Land, Texas, today announced they will collaborate to offer a system that combines the benefits of the OpenSpirit products and the geoLOGIC Data Center (gDC). Clients will be able to access data from the gDC using a variety of OpenSpirit and geoLOGIC tools.

“We created the gDC as an open system that uses the latest technology, including the newest version of PPDM, to give customers instant access to the most current petroleum data using the software of their choice,” said David A. Hood, President of geoLOGIC. “The collaboration with OpenSpirit means our clients will be able to access our regular and spatially enabled data sets from the gDC through the OpenSpirit Scan Utility, and access and use data through a range of software applications made compatible by OpenSpirit products.”

“Like geoLOGIC, OpenSpirit leverages a standards-based approach to provide end users with comprehensive and flexible access to their upstream data,” said Dan Piette, President and Chief Executive Officer of OpenSpirit. “Through this collaborative effort, we will provide integration between geoLOGIC’s outstanding gDC solution and the robust family of OpenSpirit-enabled data stores and applications, including the recently released OpenSpirit PPDM data store connector. I believe this partnership of technology and ideas will yield exciting new strides in the area of exploration and production data management.”

The complementary nature of the two companies’ products will be showcased at two major upcoming industry trade shows. OpenSpirit will share the geoLOGIC booth at the annual convention of the American Association of Petroleum Geologists in Houston April 9-12, while geoLOGIC will be a guest at the OpenSpirit booth at the Society of Exploration Geophysicists annual meeting in New Orleans October 1-6.

About geoLOGIC
Headquartered in Calgary, geoLOGIC systems ltd. has been creating and supplying well data and integrated software solutions to the energy and production industry since 1983. The company’s premier decision support tool, geoSCOUT, is a fully-integrated, Windows-based exploration system that supports oil and gas professionals in their search for resources by combining presentation-quality mapping and cross-section tools with data handling and analysis software. The new geoLOGIC Data Center (gDC) supplies customers and software partners with high quality data in an open Public Petroleum Data Model. For more information on geoLOGIC, visit www.geologic.com

Paradigm shares the vision and common goals for vendor-neutral infinite data and application integration practiced at OpenSpirit and will participate on the OpenSpirit Board of Directors. The addition of Paradigm contributes to the delivery of rapid geological, geophysical, and petrophysical (G&P) data model access among the industry’s leading data repositories (Schlumberger GeoFrame and Finder, Landmark OpenWorks, and Paradigm Epos) and provides best-of-breed application interoperability.

“Oil and gas explorationists and producers need cooperation of the leading geoscience application and data system providers to achieve the goal of finding quality prospects to replace oil and gas reserves and increase daily production. Paradigm is making a very definite choice to “play well with others” by sharing in the business vision and objectives of OpenSpirit, “ stated the Paradigm Executive Chairman and CEO, John W. Gibson, Jr.

“Paradigm’s planned investment in OpenSpirit validates our standing as the market’s only platform-independent, standards-based, and vendor-neutral integration solution for upstream data,” says Dan Piette, President and CEO of OpenSpirit. “We are pleased to extend our application and data integration capabilities to Paradigm clients to help them reduce their E&P cycle time and lower risks by making sure they have the right data at the right time. We look forward to working with John Gibson and his global team.”

About Paradigm
Paradigm helps global oil and gas companies safely replace reserves and increase daily well production in complex geological areas. The Paradigm geophysics and petrophysics (G&P) advanced technologies suite includes Seismic Data Processing and Imaging, Prospect Interpretation and Modeling, Reservoir Characterization, Petrophysics, Time-to-Depth Conversion, Well Planning, and Drilling. Committed to open standards, Paradigm extends integration to exploration and production data and third-party applications with the Paradigm Epos™ Data Sharing and Application Interoperability Framework. The company has a global network of sales, services and user support, serving all major oil and gas producing regions in the world. For additional information visit Paradigm’s website at www.paradigmgeo.com.