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October 16, 2006 08:24 PM Eastern Time 

Fugro-Jason Releases Jason Geoscience Workbench 7.2

Significant New Features and Enhancements in Seismic Inversion Software

HOUSTON--(BUSINESS WIRE)--Fugro-Jason, the leader in reservoir characterization technology, announced today the latest release of the Jason Geoscience Workbench (JGW). This release—version 7.2—further extends the product that is now in its fourth generation. JGW helps the geoscientist produce a single, consistent model of the earth for use across the E&P spectrum of activities; its functionality includes 3D seismic inversion, interactive well tying, wavelet estimation, geostatistical inversion, AVA simultaneous inversion, rock physics, petrophysics, reservoir modeling and advanced analysis and 3D visualization.

“Release 7.2 is the result of input we actively solicited and received from oil and gas companies around the world.”

“This latest release of the Jason Geoscience Workbench reflects our commitment to continually improve the quality and efficiency of reservoir characterization,” said Eric Adams, Managing Director of Fugro-Jason. “The new 7.2 release incorporates direct feedback from our customers and services staff, and is aimed at enhancing and streamlining the E&P workflow.”

Release 7.2 introduces a new model builder, EarthModel FT, plus new modules 3D grid/CPG Builder and RockScale, for constructing simulation-ready grids and for upscaling JGW inversion results into such grids. EarthModel FT, 3D grid/CPG Builder and RockScale are built on the FastTracker technology acquired in 2003, and include the unique UpdateAbility functionality which makes incorporation of new data a simple process within the workflow. The 7.2 version of existing modules contains a variety of productivity enhancements, greater control in operations and expanded functionality.

“We work hard to ensure that JGW has the capabilities that our customers need,” said Frank Vintges, Application Engineering Manager. “Release 7.2 is the result of input we actively solicited and received from oil and gas companies around the world.”

About Fugro-Jason

Fugro-Jason is dedicated to delivering new and better ways to get More Oil with Less Toil™. In 1993 Fugro-Jason’s first client began using the Jason Geoscience Workbench for seismic inversion. Since that time a great deal of additional capability has been added, making it possible to integrate geological, geophysical, geostatistical, petrophysical and rock physics information into a single consistent model of the earth. Fugro-Jason is a unit of Fugro NV. Fugro was founded in 1962, and is listed on Euronext NV, Amsterdam, the Netherlands. Fugro has more than 9,000 staff and a permanent presence in over 50 countries. www.fugro-jason.com.

Contacts

Fugro-Jason
Erik Johnson, 713-369-6918 (Marketing Manager)
ejohnson@fugro-jason.com

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