iPoint Data Management vs. Petrel E&P

Petrel is an extremely powerful tool and for geological 3D modeling is the go-to tool, it's Sequential Indicator Simulations, Object-Based modeling or multiple point statistics modeling workflows are top notches and I highly advise its use. I wouldn't recommend using it for seismic interpretation based on seismic attributes since it can be a little bit limited in this aspect.

Incentivized

• Petrel handles multiple coordinate systems better than competitors.
• The object tree organization in Petrel is intuitive and user-friendly.
• Easy to handle data across multiple UTM zones by allowing geodesic coordinates.

Incentivized

• Petrel is extremely expensive, working with it in a small company is almost impossible. This shouldn't be an issue for a large company or for a big university with a large budget for investigation.
• Since it has so many functions it can be overwhelming once you begin using it, so I highly recommend to pay for a Schlumberger instructor.
• The seismic attributes could be improved since they are not entirely accurate.

Incentivized

I use Petrel and competitor products for different functions. If I didn't have Petrel, it would be a lot more difficult to work with my aerially extensive dataset and manipulate my data with geographic coordinates.

Incentivized

• Working at the University of Oklahoma the investment is well paid since geoscientist are formed with the best tool available.
• Keeping in mind that the software is really expensive, for the product to have an economic positive impact the project's revenue has to be large.

Incentivized