Educational Institution License Agreement
Under the “Educational License Agreement” ULA_PachhungaUniCollege_230301 offered by Petroleum Experts Limited, Petex House, 10 Logie Mill, Edinburgh, EH& 4HG, Scotland UK, Petroleum Experts Ltd. Donated a software package worth £2,433,883.48 to Pachhunga University College. The agreement was signed by Prof. H. Lalthanzara, Principal on behalf of PUC and Lynn Marshall, Director, on behalf of Petroleum Experts Ltd.
|
Product
|
Number of licences
|
Commercial cost + Maintenance |
|
HARDLOCK |
1 |
14,150.08 |
|
MOVE |
10 |
110,996.90 |
|
2D Kinematic Modelling |
321,891.10 |
|
|
3D Kinematic Modelling |
654,881.80 |
|
|
Geomechanical Modelling |
332,990.80 |
|
|
Fracture Modelling |
332,990.80 |
|
|
Fault Response Modelling |
332,990.80 |
|
|
Fault Analysis |
166,495.40 |
|
|
Stress Analysis |
66,598.10 |
|
|
MOVE Link for Petrel |
33,298.90 |
|
|
MOVE Link for OpenWorks |
33,298.90 |
|
|
MOVE Link for GST |
33,298.90 |
|
|
Total price in UK Sterling (exclusive of Taxes) |
£2,433,882.48 |
|
|
Credit granted |
£2,433,883.48 |
|
|
Total Cost for University/College |
£0.00 |
|
Attachment: