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Home > Press > FEI and University of Liverpool Announce QEMSCAN Research Initiative: University of Liverpool will utilize FEI’s QEMSCAN technology to gain a better insight into oil and gas reserves & potentially change the approach to evaluating them

Abstract:
FEI (NASDAQ: FEIC) and the University of Liverpool announced today that they have entered into an agreement to enable Liverpool to undertake novel research in the field of petroleum reservoir geoscience using FEI’s QEMSCAN® technology.

FEI and University of Liverpool Announce QEMSCAN Research Initiative: University of Liverpool will utilize FEI’s QEMSCAN technology to gain a better insight into oil and gas reserves & potentially change the approach to evaluating them

Houston, TX and Liverpool, UK | Posted on June 22nd, 2016

According to Professor Richard Worden, the lead academic in the Department of Earth, Ocean and Ecological Sciences at Liverpool, “We see QEMSCAN technology as a step change in the petrographic analysis of rocks, giving students the ability to gain unrivalled insights into oil and gas sandstone and carbonate reservoir quality.”

FEI’s QEMSCAN technology is used to quantify the amount, type and distribution of mineral grains that are present in oil and gas reservoirs, the shape and size of the grains, the abundance of pores present that are capable of storing oil and gas, and the nature of the throats between pores that will allow the oil or gas to flow. Liverpool’s Sedimentary Geology Research Group will utilize the high-resolution QEMSCAN modal and spatial mineralogy data, as well as the elemental analysis functionality, to evaluate subsurface petroleum reservoir samples and compare the results to traditional forms of data, such as: point counting using light optics, phase analysis using X-ray diffraction, and both petrophysical and geomechanical characteristics of reservoir rocks.

“Having industry-leading technology, like the QEMSCAN, will be an integral part of our research and teaching programs, and may potentially change the way the exploration & production (E&P) industry evaluates some of the most prolific reservoirs in the UK, Norway and, indeed, globally,” states Professor Worden. “We are very excited to afford this opportunity to our faculty and students, and look forward to creating a new generation of geoscientists that can not only automate many of the manual processes of geological analysis to provide meaningful answers faster, but will also have the skills to transfer the knowledge and apply their learning to an integrated E&P workflow.”

Dr. Alan Butcher, chief petrologist, FEI Oil & Gas Business adds, “We are eager to enter into this arrangement with the University of Liverpool to provide them access to a QEMSCAN to resolve some of the pore-scale reservoir challenges faced in these complex reservoir systems.”

For more information about QEMSCAN technology, please visit https://www.fei.com/products/sem/qemscan/ .

####

About FEI Company
FEI Company (Nasdaq: FEIC) designs, manufactures and supports a broad range of high-performance microscopy workflow solutions that provide images and answers at the micro-, nano- and picometer scales. Its innovation and leadership enable customers in industry and science to increase productivity and make breakthrough discoveries. Headquartered in Hillsboro, Ore., USA, FEI has over 2,800 employees and sales and service operations in more than 50 countries around the world.

FEI’s digital rock solutions include a complete portfolio of advanced imaging systems; visualization software; and analysis, interpretation and modelling services at its Digital Rock Lab in Houston. FEI helps its customers explore reservoir rock to understand how lithology, porosity, wettability, mineralogy, connectivity, permeability and microporosity impact fluid flow and reservoir behavior. FEI’s high-end software solutions range from 3D components for application developers (Open Inventor®) to advanced 3D visualization software (Avizo® and PerGeos). More information can be found at: www.fei.com.



FEI Safe Harbor Statement
This news release contains forward-looking statements that include statements regarding the performance capabilities and benefits of the QEMSCAN solution. Factors that could affect these forward-looking statements include but are not limited to our ability to manufacture, ship, deliver and install the tools, solutions or software as expected; failure of the product or technology to perform as expected; unexpected technology problems and challenges; changes to the technology; the inability of FEI, its suppliers or project partners to make the technological advances required for the technology to achieve anticipated results; and the inability of the customer to deploy the tools or develop and deploy the expected new applications. Please also refer to our Form 10-K, Forms 10-Q, Forms 8-K and other filings with the U.S. Securities and Exchange Commission for additional information on these factors and other factors that could cause actual results to differ materially from the forward-looking statements. FEI assumes no duty to update forward-looking statements.

For more information, please click here

Contacts:
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MindWrite Communications, Inc.
+1 408 224 4024


FEI
Jason Willey (investors and analysts)
Sr. Director, Investor Relations & Corporate Development
+1 503 726 2533

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