Grid computing creates a distributed computing and workload management environment from an organization's existing clusters, desktops, laptops, workstations, and server nodes. Using this technology oil and gas companies can more effectively utilize available resources to accelerate compute-intensive projects. Landmark's DecisionSpace™ applications and the VIP reservoir simulation suite will leverage United Devices enterprise grid technology to more efficiently and quickly simulate hundreds of unique reservoir development scenarios, enabling asset teams to narrow the gap between actual and predicated reservoir performance.

"Affordable access to massive amounts of computational power has been a critical ingredient to the successful prediction of reservoir performance," said Andy Lane, president and CEO, Landmark Graphics. "By combining VIP and DecisionSpace applications with grid computing technology, the cycle time for field development planning and reservoir performance prediction can be compressed from months or years, to days or weeks."

"By leveraging computing assets they already own, oil and gas companies can significantly reduce the costs associated with high performance computing," said Chief Executive Officer of United Devices, Ed Hubbard. "Companies that use compute-intensive applications such as seismic analysis, reservoir modeling and horizontal drilling will significantly reduce their research time and see a dramatic ROI by deploying grid-enabled applications."

"VIP reservoir simulation is a perfect example where the performance of industry leading Landmark applications executed in a grid computing environment is further accelerated, bringing even greater value to our customers." said John Sherman, executive vice president, Marketing and Systems, Landmark Graphics.