Scotland-Based Petroleum Experts Limited Donates $2.4 Million Software Package to NMT

September 9, 2019


PetEx modeling suite will help students in petroleum and at the PRRC

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SOCORRO, N.M. – The Petroleum Engineering Department and the Petroleum Research Recovery Center (PRRC) at New Mexico Tech are the recipients of a generous donation of imaging software suites.

Petroleum Experts Limited, or PetEx, recently donated 10 copies of 10 different software packages that relate to 2D and 3D modeling of the Earth’s subsurface. The commercial value of the donation is $2.4 million. The Scotland-based company specializes in petroleum engineering software products for the oil industry. They offer educational licenses to a limited number of accredited universities that offer graduate programs in geology and petroleum engineering.

Petroleum engineering professor Dr. Tan Nguyen said the PetEx software packages will provide valuable learning tools to NMT students interested in modeling and structural analysis.

“Thanks to this generous donation from PetEx, our students and scientists will have greater opportunities to use this leading edge technology to better understand the subsurface and gain experience in modeling,” Nguyen said. The company donated the following modules to Petroleum Department and PRRC: PROSPER, GAP, PVTP, MBAL, REVEAL, RESOLVE, AND HARDLOCK.

– NMT –