Schlumberger and Chevron sign software agreement
Published by David Bizley,
Senior Editor
Oilfield Technology,
Schlumberger announced today the signing of a long-term software contract with Chevron Energy Technology Company (ETC), a division of Chevron USA. Inc. The new contract provides universal access to the Petrel E&P software platform across Chevron’s entire earth sciences organisation.
"We have enjoyed more than a decade of innovation and collaboration with Chevron, partnering on several key initiatives from intellectual property development on Ocean software development framework to a field development consortium on the INTERSECT high-resolution reservoir simulator," said Uwem Ukpong, president, Schlumberger Information Solutions. "This agreement is core to advancing continuous improvement for capital efficiency."
In addition to the Petrel software, the contract includes a number of other software in the geological, geophysical and reservoir evaluation domains, including the Techlog wellbore software platform, OFM* well and reservoir analysis software, and the ProSource E&P data management and delivery system.
Adapted from a press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/digital-oilfield/27032015/schlumberger-and-chevron-sign-software-agreement/
You might also like
Wood Mackenzie: six-country international shale priority list for energy security as Middle East conflict drives supply diversification
Middle East conflict has elevated strategic energy security priorities as countries seek supply diversification, international shale exploration can play a key role in meeting those goals, according to new research from Wood Mackenzie, titled “A hydrocarbon copy: the upstream industry’s return to international shale exploration”.