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Geological interpretation software using Petra™

Advance your E&P workflows to find more oil and gas.

Petra from IHS Markit is a cost-effective software solution for managing, manipulating and visualizing integrated geological, geophysical and engineering data. Geologists, engineers, technicians and analysts use Petra for exploration, exploitation, infill drilling, reserves analysis, unconventional plays, production analysis and more. With Petra, you can quickly visualize results using mapping, cross-sections, seismic interpretations, log plots, cross-plots, production and reservoir analysis, and 3D visualization. To maximize your subscription, IHS Markit offers technical support as well as Petra training courses at select locations and on site, by request.

Ranked high in the upper right quadrant of the Welling Report for easy-to-use geological interpretation software, Petra enables you to:

  • Expedite drilling decisions with shorter cycle times
  • Integrate large IHS Markit well, production and log datasets
  • Quickly define reservoirs and prospects
  • Focus on analysis rather than map-making
  • Analyze mergers, acquisitions and divestitures
  • Access enhanced data management with Petra Sidekick to load data into one project while working in another

Need more information about our Geoscience Solutions?

Petra Modules & System Requirements

Mapping Module: Create customizable maps, including grid and culture information, to assist in reservoir analysis and well location.

Features

  • Integrate surface land picture into your subsurface interpretations
  • Post digital/raster log curves and production data to well location
  • Create and customize contour and bubble maps
  • Display core and competed zones and top producer spatial distribution
  • Post seismic shot point data on your map
  • Define a node and surrounding wells
  • Calculate and display drainage ellipses at your well locations
  • Spot wells on your map by clicking on the map or entering coordinates and space wells on quarter-section grid
  • Graphically select wells to include in four types of cross sections
  • Perform and customize volumetric calculations for each overlay polygon or hand-drawn areas
  • Produce stunning graphical outputs on paper or in digital format

Uses

  • Optimize well location and plan facilities faster
  • Analyze drilling success, competitor activity and reservoir performance
  • Understand production attributes at the well location
  • Visualize intervals and completions
  • Locate wells with the attributes you need
  • Integrate your geological and geophysical workflows
  • Analyze your producer and injector patterns
  • Visualize your drainage patterns and easily pick infill drilling locations
  • Increase your projection accuracy with the most appropriate and relevant data
  • Reduce overlap when data is posted at closely spaced well locations

Mapping Module brochure


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Cross-Section Module: Create customizable cross-section displays to optimize well location selection.

Features

  • Choose one of four cross sections that best fit your workflow:
    • Single well – Display one well for analysis and printing
    • Well-to-well – Connect selected wells in a line
    • Line and wells – Display a projection line that features hand-picked wells
    • Line and corridor – Display a projection line that features selected wells from a rectangular corridor around the line
  • Easily set depth ranges: Set cross section to a user-specified depth range (top and bottom), or automatically to the top and base of selected logs or tops
  • Shift depth datums easily from elevation (structural) to a particular top (stratigraphic)
  • Display contour grids, digital/raster log curves, formation tops, fault gaps, cored and completed zones
  • Interpolate the value of well logs between wells
  • Edit and manipulate digital log information with depth shifting, amplitude shifting and values interpolation
  • Draw, mark up and annotate any geological or engineering-related data on your cross section
  • Post production data in the well footer
  • Produce stunning graphical outputs on paper or in digital format

Uses

  • Optimize well location selection
  • Perform directional well analysis with line and wells cross section
  • Analyze and understand both depositional environment and current structural setting
  • Identify potential hydrocarbon-bearing zones
  • Easily visualize intervals and completions
  • Assess production and reservoir performance

Cross Section Module brochure


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Log Correlation Module: Pick tops across basins or plays with unprecedented speed to maximize ROI.

Features

  • Use simple step-by-step process to pick tops, pay and unassigned tops – process guides you through well selection, track and digital/raster log assignment, depth intervals and tops picking style
  • Flexibly select wells using query result, mapping module or cross section module
  • Quickly identify the raster and digital log types you would like to display in each track
  • Set depth range to user-specified depth range (top and bottom) or automatically to the top and base of the selected logs or tops
  • Display log curve data, formation tops, fault gaps
  • Choose pick style (either one top across the entire cross section or a list of tops and work successively down each wellbore) and type (tops, unassigned tops, pay zones and faults)
  • Shift depth datums easily from elevation (structural) to a particular top (stratigraphic)
  • Pan and zoom with the mouse cursor to accelerate research

Uses

  • Find wells that will maximize your return
  • Simplify workflow for picking tops
  • Streamline workflow by locating only relevant logs and choosing pick style/type
  • Analyze and understand both depositional environment and current structural setting

Log Correlation Module brochure


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Directional Well Module: Plan, analyze and display horizontal and directional wells with greatest hydrocarbon-bearing potential.

Features

  • Use well-planning wizard to place your well’s surface, landing and bottom-hole locations on map
  • Manually enter or automatically calculate depths of landing and bottom hole locations from one or more gridded surfaces
  • Store all planned wells in Petra database for future data loads and analyses
  • Use vertical section plane to see profile view of your well in just one click, with automatic horizontal well rescaling
  • Display contour grids, log curves, formation tops, well events (high gas-kick zones, casing points, rig events)
  • Easily drag and drop depth adjustments, quickly rescale window to view a new depth of interest, and highlight key features for analysis
  • Pick repeated formation tops along your horizontal wellbore and extrapolated tops above and below your wellbore
  • Quickly re-grid surfaces to quality control
  • Integrate with 3D Visualization Module
  • Produce stunning graphical outputs on paper or in digital format
  • Use map window to open any saved overlay from the Map Module

Uses

  • Identify the highest hydrocarbon potential wells
  • Quickly plan wells and load drilling data
  • Easily design wells within your required geological parameters
  • Analyze horizontal well performance and post results
  • Boost efficiency by eliminating time-consuming, trial-and-error rescaling

Directional Well Module brochure


Click to enlarge

3D Visualization Module: Produce a 3D-view of your project for planning, analysis and presentation.

Features

  • Upload existing Petra data no data imports/exports needed
  • Work in depth and time modes
  • Load cross sections from Cross Section Module as fence diagrams, with annotations, interpretations and color fills
  • Query and select wells or choose wells from previously created lists and view in 3D
  • Post well information: Tops, shows, perforations, digital log curves and dipmeter data
  • Overlay map layers – with land postings, grid and culture information, and annotations—and gridded surfaces that you created and saved in the Map Module
  • Select a depth and project a flat plane at that depth
  • Load and view 3D seismic surveys, 2D lines and seismic lines from PetraSeis™
  • Easily pan, zoom and rotate the 3D view with your mouse
  • Create professional 3D images in print or digital format
  • Increase vertical exaggeration to emphasize small lateral elevation changes

Uses

  • Optimize well location
  • Simplify and speed your workflow with decision-ready data, relevant wells, and pan-and-zoom functionality
  • Integrate your seismic interpretations and geophysical workflows
  • Analyze subtle play features and horizontal drilling successes
  • Visualize intersections of fluid contacts or drilling targets with your wells and surfaces

3-D Visualization Module brochure


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Advanced Volumetrics Module: Perform speedy volumetric and fluid recovery calculations, using deterministic and probabilistic methods, for oil and gas reservoirs.

Features

  • Determine oil and gas recoveries using four possible models:
    • Gas Cap Drive Model – Account for oil recovery with gas cap and solution gas expansion. Gravity is not taken into account, which can significantly increase oil recovery in steeply dipping reservoirs.
    • Water Drive Model – Perform water drive calculations on reservoirs in which no pressure loss occurs with production. Total pressure maintenance by the aquifer is provided in this model.
    • Solution Gas Drive Model – Determine production from initial to bubble point pressure with liquid expansion.
    • Combination Drive Model – Specify any combination of the gas cap, water drive, and solution drive models for a complete and unique recovery calculation.
  • Determine gas and condensate recoveries using three possible models:
    • Volumetric Drive Model – Quantify recovery by calculating the formation-volume factor at initial and abandonment pressures.
    • Water Drive Model Water – Perform water drive calculations on reservoirs in which no pressure loss occurs with production. Total pressure maintenance by the aquifer is provided in this model.
    • Partial Water Drive Model – Perform calculation based on model in which, at initial pressure, the entire reservoir undergoes volumetric depletion to abandonment pressure. At abandonment pressure, additional recovery in the water-swept zone accounts for the effect of water influx.
  • Perform Monte Carlo simulations: Find the probable distribution of reserves for both oil and gas reservoirs based on various distributions of reservoir parameters.

Uses

  • Calculate likely recoverable reserves

Advanced Volumetrics Module brochure


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Production Group Plot Module: Display and analyze historical and average production data for any set of wells.

Features

  • Compare historical and average production between well sets based on differences in:
    • Completion or stimulation techniques
    • Reservoir properties
    • Well placement in reservoir
  • Select wells for use in module from an existing well list, a query result or the Mapping Module
  • Group selected wells through two options:
    • Group Plot (Sum Wells) – This method sums the selected wells’ production streams; data can be shown as either a cumulative or an average plot
    • Individual Well Plot – This method plots the individual production streams for each selected well
  • Display monthly production data for a set of wells, including summing, averaging, or time-normalizing production data
  • Calculate and display ratios:
    • Water-oil
    • Gas-oil
    • Oil-gas or condensate yield
    • Gas-liquids
    • Water cut
    • Oil cut
    • Plus a number of user-defined ratios
  • Time normalize production streams using three possible options:
    • Raw Data – This option shows production data through time without adjusting to a single start time; raw data plotted against cumulative values shows historical production for selected wells
    • Normalize to Start Time – This option adjusts each well’s production to a common start point and helps eliminate partial month production or spurious data at the beginning of production
    • Normalize to Max Data Value – This option adjusts each well’s maximum rate to a common start point and is useful for normalizing wells that reach maximum production within different time periods
  • Store multiple production streams for an individual well, including monthly totals for oil, gas and water with formation-specific streams, if captured
  • Export all plotted production information to a text file with user-specified annotation on the plot, including all plotted curves with monthly rates
  • Plot the following:
    • Chart axis cycles
    • Well count
    • Monthly and daily (averaged) rates
    • Value of monthly production / active wells

Uses

  • Analyze production trends, devise depletion strategies and manage reservoirs
  • Predict decline behavior of new wells, recompletions and stimulations
  • Group wells together to obtain total production for a lease, group of wells or specific formation

Production Group Plot Module brochure


Click to enlarge

System Requirements

No special video cards are required. Petra is compatible with a broad range of high performance video cards and multiple monitor installations.

Minimum Requirements

  • PC with dual core processor or better
  • Windows XP 32 bit OS or Vista/Windows 7 64 bit Operating System
  • 4GB RAM for XP 32 bit OS
  • 8GB RAM for Vista 64 bit OS or Windows 7 64 bit OS
  • 512 MB Video system with OPENGL acceleration
  • 1280 x 1024 or greater resolution monitor

Recommended Requirements

  • PC with dual core processor or better
  • Vista/Windows 7 64 bit Operating System
  • 16GB for Vista/Windows 7 64 bit OS
  • 512 MB Video system with OPENGL acceleration
  • Dual Monitor Video System

Support and licensing

Petra Online User Community

When you become an IHS Petra® user, you gain access to so much more than just software. With our Petra Online User Community, you have access to a one stop portal for support from our experts as well as your peers. See what the Online User Community has to offer.

Licensing

Choose the best option for your company’s financial goals.

  • Subscriptions help to manage short term cash flow constraints and capital budget limitations
  • Perpetual Licensing helps maximize total cost of ownership
  • Standalone when you do not need to collaborate with a wider team, or are a consultant
  • Network for companies who need to collaborate across asset teams
  • Short Term Subscription for one month or longer usage
  • License Trade – Ready to move to Kingdom EarthPAK, you can trade your Petra license today

Customer testimonials

“Petra offers such functionality (as store and access data and share in a network environment), coupled with easy data loading routines. The wide range of functionalities, including the incorporation of depth-calibrated raster logs and digitizing capability, is an additional plus.”

– A small, international independent oil and gas producer in Turkey uses Petra as a cost and manpower efficient database system to store and access various types of data which is shared in a network environment

“Our clients include many of the largest oil companies in the world and they are always satisfied with the final products obtained directly from Petra (i.e. very little professional drafting is needed in the final reporting phase). All this makes Petra a simple yet versatile software package to use in time/budget-constrained projects where quick yet precise results are needed.”

– A reservoir modeler who uses Petra in regional and site-specific studies

“One of the most wonderful aspects of the Petra product is the support that is behind it…Many times, I’ve gone in and requested changes be made, and sometimes they are made within a couple of weeks…That’s amazing to me – to be a single user and to have an impact."

– An engineer for an energy consulting firm

“Petra software has everything the geologist would need to build and to do the workflow. The way that it works, the modules, how they fit together, how easily you go from one module to another, from the map to the cross section to the database, how you continue to build out the story within the program—that is very exciting.”

– The president of an upstream development firm

Is Petra right for you?

Who uses Petra?How?
Geologists
  • Identify area of interest
  • Integrate well, log and seismic information
  • Target drilling and recompletions
Drilling Engineers
  • Derive surface and profile plans
  • Analyze planned borehole paths
  • Perform cost estimates and analysis
Reservoir Engineers
  • Identify recompletion and drilling opportunities
  • Optimize production and recovery
  • Analyze reservoir trends
Completion Engineers
  • Model completion performance
  • Provide technical specifications and operating instructions
  • Optimize completion and workover designs and operations
Production Engineers
  • Evaluate separation of produced fluids
  • Monitor downhole flow control
  • Maximize profitability
Technologists
  • Load information
  • Verify and quality check information
  • Collaborate on project development
Petrophysicists
  • Understand reservoir properties
  • Perform well, core and log analysis
  • Build reservoir models
  • Evaluate reservoir models
Managers
  • Assess strategy
  • Manage risk
  • Ensure compliance

Build your project with direct access to Energy E&P information from IHS Markit

Well Information
  • 4+ million current and historic well records
  • Continuously updated well header, formation top, logs run, completion, production test information and more
Raster & Digital Well Log Information
  • Enhance research and log interpretation capabilities with a continuously updated database of depth-registered raster images
  • Define geological models faster with digital log curve data
Production Information
  • Production information within days of receipt from the regulatory authorities
  • Fluids, operation hours, injection records, ratios and cumulative values
Directional Survey Information
  • Surveys for determining potential productivity, pressure, permeability and extent of oil or gas reservoirs or formations in open well bores
  • Information to understand the wellbore path from surface to reservoir, particularly for unconventional plays
Interpreted Formation Tops Information
  • Information for mapping gross geologic structures within a consistent stratigraphic framework for an entire basin, increasing depositional environment understanding, and validating new or existing prospects

Integrate Petra with Energy analytics for extended analysis

Related IHS Markit applicationDescriptionIntegrate with Petra to:

AccuMap™ from IHS Markit

Desktop access to land, well, pressure, production, pipelines, core, reserves and logs data for the Western Canadian Sedimentary Basin and Frontier areas, as well as Montana, North Dakota and WyomingPerform in-depth analysis of well-centric data for Canada and US; quickly evaluate prospects
Energy Web ServicesAPI, Direct Connect and third-party software options for connecting your IHS Energy data subscription with IHS Energy software solutionsUpload your Energy data subscription into Petra

GeoSyn™ from IHS Markit

Global synthetic generation, cross-plotting, AVO analysis and 2D modeling package designed for geoscientistsExport synthetics and 2D models into Petra to test multiple scenarios and achieve the best results
Information Hub™ from IHS MarkitCentral repository of all IHS Markit quality-controlled Canadian energy dataPerform in-depth analysis of Canadian well data
PowerTools from IHS MarkitEasy-to-use analytical tool for evaluating US reserves and economics and lease and well production performanceDevelop a short list of “hot” areas, prospects and operating strategies; plan for future production and depletion of your reservoirs; benchmark production for tight gas sand reservoirs
Enerdeq™ Browser from IHS MarkitUser-friendly browser that allows you to quickly access US upstream informationStreamline workflows, access the most current data, quickly evaluate prospects, and make decisions faster
FieldDIRECT™ from IHS MarkitField-to-office service that captures daily US field production information and stores it in a secure server for you and your team to analyze immediatelyConduct historical trending, analyze ROI on workovers and perform reservoir analysis; develop a short list of “hot” areas, prospects and operating strategies; plan for future production and depletion of your reservoirs

Industry Success Stories

Baker Hughes accurately forecasted falling oil prices to enable better strategic business decisions

One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.

SEE CASE STUDY

O’Brien Energy Company Accomplishes Time and Staffing Savings using FieldDIRECT®

This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.

Learn more about our client’s successes

Oil & Gas Industry Leader Discovers Huge Cost-Savings Opportunities with Standards Conformity Assessment

To lower costs enterprise-wide, a global energy company asked IHS to review 35 internal standards and list 143 comparable international standards. Research uncovered conformity opportunities including 25% savings on casing/tubing for $5 million annually and $180 million annually for conformance with ALL industry standards.

Learn More About Our Customer's Success

Events

IHS Markit Event 12 November 2019

Latin American LPG Seminar & Workshops 2019

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IHS Markit Event 05 November 2019

Rushmore Annual Participant Meeting 2019

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IHS Markit Event 12 November 2019

Latin American LPG Seminar & Workshops 2019

IHS Markit is presenting the Latin American LPG S (...)

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Resources

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