Schlumberger Gives $45.1M Software Gift to Herd Department of Petroleum Engineering
Visualizing reservoirs of oil and gas buried deep underground used to require an active imagination and hours spent pouring over geologic surveys.
Now, exploring every square inch of these fossil fuel formations is as easy as opening your laptop, thanks to a $45.1 million gift from Schlumberger.
The gift, approved by the Texas Tech University System Board of Regents during a meeting on May 12, will provide students and faculty in the Bob L. Herd Department of Petroleum Engineering at Texas Tech University with access to state-of-the-art visualization software. Included in the gift are new software modules that add functionality to 100 licenses of Schlumberger’s ECLIPSE software currently used by the department.
“We appreciate Schlumberger’s generosity and continued support of the Bob L. Herd Department of Engineering,” said Texas Tech University System Chancellor Kent Hance. “This gift provides access to industry-standard software that will help our students compete in the marketplace and our faculty compete for research grants.”
Schlumberger is the world’s leading oilfield services company, supplying technology, information solutions and integrated project management to customers in the oil and gas industry.
Their ECLIPSE family of reservoir simulation software, which includes the Petrel Reservoir Engineering Environment, allows students and researchers to create 3-D models of oil and gas reservoirs and use numerical simulation to model their behavior. Such tools are used by the petroleum engineering department to analyze the efficiency of different oil and gas recovery techniques.
University administrators anticipate that experience with the widely-used software tools will make students more attractive to employers and help faculty secure competitive research grants.
“The ECLIPSE software provided by Schlumberger will allow our students to learn and gain experience with the industry’s leading reservoir simulation tool,” said Al Sacco Jr., dean of the Edward E. Whitacre Jr. College of Engineering. “Our faculty will also benefit through the enhancement of their research activities.
“This valuable teaching and research tool will make a significant impact within the Bob L. Herd Department of Petroleum Engineering.”