Company Announcement - CGG GeoSoftware has donated its Hampson-Russell geophysical software suite, covering all aspects of seismic exploration and reservoir characterization, to the University of Oxford in the UK. The donated software suite, worth over $600,000, will enable students to better explore quantitative seismic interpretation in the context of hydrocarbon exploration.
This donation is seen as the first step of fruitful cooperation between CGG and the Department of Earth Sciences at the University of Oxford. It will enable the Department to improve its postgraduate training in quantitative seismic interpretation, and will be deployed in research projects on subsurface prediction of geofluids. The software’s fully integrated suite of geophysical interpretation and processing tools will enable students and researchers to analyze numerous seismic attributes in detail and also improve processing of their pre/post-stack data to better visualize key geological features.
Since 1987, donations of Hampson-Russell software have been used for research and training purposes, and more than 90 universities and colleges now participate worldwide.
Sophie Zurquiyah, Senior Executive Vice President, Geology, Geophysics & Reservoir, CGG, said: “The donation of our innovative Hampson-Russell software to the University of Oxford is in line with CGG’s long-term commitment to support and cooperate with institutes of higher learning around the world. By familiarizing themselves with the capabilities of our sophisticated, yet easy-to-use, geophysical software, students will be able to gain a greater understanding and practical experience of seismic interpretation for oil and gas exploration.”
Martino Foschi, postdoctoral research associate and co-manager of the Shell Geoscience Laboratory, University of Oxford, said: “The fundamental questions faced in academic research require top-quality and reliable software designed to provide scientifically rigorous results. The Shell Geoscience Laboratory and the University of Oxford were therefore pleased to secure this Hampson-Russell donation given its standing as one of the most established geophysical software packages in the oil and gas industry and its reputation for delivering high-quality quantitative analysis of seismic data. We are grateful for this opportunity to collaborate with CGG, which will enable our students to develop quantitative research skills that focus their knowledge of the physical and elastic properties of sediments, and their relationship with geofluids. These are valuable transferrable skills for their future careers.”