HALBAN To connect the university with the industry and to present how to overcome challenges faced in the oil industry with a unique Geosteering IT software, Dr. Vlad Karen Payrazyan gave an ‘Industry Talk’ at the Department of Applied Geosciences of GUtech. “Through geosteering, many more jobs will be created in the region in future,” said Wilfried Bauer, Head of the Applied Geosciences Department.
“A modern Geosteering software makes geosciences related to horizontal drilling faster and more efficient,” said Dr. Vlad Payrazyan, CEO of ROGII, StarSteer Premier Geosteerinig Software, while adding that the software can increase in particular the precision for horizontal drilling which is increasingly applied worldwide. Through multi-well real time geosteering, data integration and cloud collaborative technologies more oil rigs can be monitored at the same time delivering excellent well placement results. Dr. Vlad Payrazyan and his team are currently visiting the GCC; he has been visiting Oman for the first time. Previously Dr. Vlad Payrazyan has been working on various projects in Russia, Venezuela, Brazil and in United States. “The geosciences industry has to adapt to changes and increasing challenges,” said Dr. Vlad Payrazyan. The world is moving from an easy drilling environment to difficult environmental challenges including tight shale resources, horizontal wells, big volumes of data, cost reduction and automatization. In addition, during the planning and drilling phase of the oil well geoscientists face various uncertainties, where a special geosteering software, such as StarSteer can support their work, through the analysis and integration of data from different sources (offset wells, seismic, chemostratigraphy, MWD/LWD, image logs, etc. real time geosteering and other cutting-edge technologies such as machine learning, predictive analytics and cloud virtual collaboration.
Dr. Vlad Payrazyan and his team are planning to support GUtech students with a special IT software and to train the students on the application. “I enjoy working with universities around the world while sharing my day to day experiences and challenges faced in the oil and gas industry,” said Dr. Vlad Karen Payrazyan. Five years ago together with two other partners he started the company that now employs more than 60 people in 9 international locations with over 200 clients among oil and gas operating and service companies around the world.
Dr. Vlad Karen Payrazyan received his PhD in Geosciences at Nancy Polytechnical University and an Executive MBA at INSEAD in France. For over 20 years he has worked for in the oil and gas industry, with Chevron (USA), Yukos (Russia), British Petroleum (UK) etc. He has also served on Management Boards and Board of Directors of major joint venture companies in Russia, Venezuela and Brazil.
© GUtech/Text & Photo: Dr. Manuela Gutberlet