FEI Introduces New HeliScan MicroCT Advanced Imaging System for Oil and Gas During the Grand Opening of Its New Houston Digital Rock Lab

HOUSTON, Feb. 19, 2015 (GLOBE NEWSWIRE) -- FEI (Nasdaq:FEIC) introduced its new HeliScan™ microCT advanced imaging system during the grand opening of its Digital Rock Lab in Houston today. HeliScan provides highly accurate, high-resolution three-dimensional (3D) images used by oil exploration & production (E&P) operators and research institutes to support the imaging, analysis, and modeling of reservoir rocks in hydrocarbon assets, and is now available for demonstration at FEI's Houston lab.

"The opening of our new Digital Rock Lab in Houston and the introduction of HeliScan are two significant strategic milestones for our oil and gas division," said Rudy Kellner, vice president of FEI's Industry Group. "One year ago we announced the acquisition of the industry's leading digital rock analysis expert, Lithicon, and formed a technology partnership with The Australian National University (ANU). To deliver key petrophysical insights to the oil and gas industry, we recognized a need to provide not only the highest quality instruments for precision pore scale imaging, but also digital rock expertise to convert these images to answers used to make business decisions. Today, we bring to market a more robust and commercially-viable HeliScan, a unique microCT system with a long and impressive track-record as a game-changing technology that has been used to solve some of the toughest reservoir challenges within the ANU Digital Rock Consortium. We are also opening our Houston Digital Rock Lab to further demonstrate our commitment and capacity to help our clients understand and resolve complex reservoir issues."

The HeliScan microCT system is part of a multi-scale imaging solution providing E&P operators a digital approach to visualizing the pore scale internal structure of their rocks. As the primary input to the generation of key static and dynamic petrophysical properties, high-resolution multi-scale imaging and analysis helps with understanding flow in oil and gas reservoirs. At each stage of the process, exploration geologists, petrophysicists and reservoir engineers can gain a more accurate understanding of reservoir behavior by integrating the datasets generated by HeliScan microCT, QEMSCAN® automated mineralogy, and nano-scale resolution scanning electron microscope (SEM) and focused ion beam/SEM (FIB-SEM) images. This multi-scale imaging approach offers understanding of reservoir systems at the pore scale and is emerging as a key building block in improved reservoir evaluation and characterization, development optimization and performance prediction.

Kellner adds, "The need to understand structural properties of reservoir rock at smaller scales is particularly important as operators are trying to economically recover hydrocarbons from increasingly complicated reservoir conditions. Tight sands, unconventional exploration and enhanced recovery programs in mature carbonates each have very unique reservoir challenges. They can benefit from the answers provided by digital rock imaging and expert multi-disciplinary analysis to help reduce risk, enable more confident predictions and improve development and production decisions."

Associate Professor Adrian Sheppard, head of the Department of Applied Mathematics, ANU, stated, "No other tomographic system could give data with sufficient geometric fidelity to permit quantitative image analysis," when describing the reason ANU developed the technology within the HeliScan. "With higher imaging accuracy, we can create far more precise digital models and simulated properties," according to Sheppard.

The HeliScan system provides distortion-free imaging by combining proprietary methods, such as dynamic auto focus and drift correction, which reduces image acquisition time compared to conventional microCT. Helical scanning empowers the efficient acquisition of taller, more representative volumes that are uniquely artifact free without stitching commonly faced in conventional microCT systems. The HeliScan microCT comes packaged with Avizo® 3D data visualization and analysis software, which provides scientists and engineers with a powerful tool to more accurately explore and characterize the reconstructed 3D images.

For more information about HeliScan, visit www.fei.com/HeliScan-uCT, or contact FEI to schedule a demonstration of the system at the new Digital Rock Lab, located at 16700 Park Row, Houston, TX 77084, USA.

About FEI

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 2,600 employees and sales and service operations in more than 50 countries around the world.

FEI is a leading digital rock solutions provider that offers a complete portfolio of advanced imaging systems; visualization software; and analysis, interpretation and modelling services. FEI helps its customers explore reservoir rock to understand how lithology, porosity, wettability, mineralogy, connectivity, permeability and microporosity impact fluid flow and reservoir behavior. In addition, FEI provides high-end software solutions that range from 3D components for application developers (Open Inventor®) to advanced 3D visualization software (Avizo®). 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 HeliScan microCT, QEMSCAN and Avizo 3D data visualization and analysis software. Factors that could affect these forward-looking statements include but are not limited to our ability to manufacture, ship, deliver and install the tools 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 or workflows. 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.

CONTACT: For more information contact: Sandy Fewkes (media contact for FEI) MindWrite Communications, Inc. +1 408 224 4024 sandy@mind-write.com FEI Company Jason Willey (investors and analysts) Investor Relations +1 503 726 2533 Jason.willey@fei.com

Source:FEI Company