Schlumberger announced the release of Petrel 2007.1 seismic-to-simulation software, which includes significant new functionality for all disciplines in the exploration and development workflow.

"Petrel 2007.1 i s the most comprehensive release to date. It delivers a step-change in productivity for geoscientists and engineers; collaboration from the field to office and back; and a shared understanding of risk and uncertainty enabling better decisions, in less time," said Olivier Le Peuch, president, Schlumberger Information Solutions. "A preview of this release has been shown to more than 2,000 petro-technical professionals and the feedback has been overwhelming, acknowledging the leadership of the Petrel platform and our strategic direction."

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