Schlumberger has established on Sept. 13 a strategic collaboration between WesternGeco, the seismic and geophysical data solutions division of Schlumberger, and IHS Markit, a world leader in critical information, analytics and solutions.
The collaboration will bring together data, technology and expertise from two of the industry’s leading sources of E&P information and make it available through the GAIA digital subsurface platform.
WesternGeco launched the GAIA platform to accelerate data discovery, screening and ranking of their clients’ exploration opportunities by providing access to all relevant and licensed data. Powered by the DELFI cognitive E&P environment, the GAIA platform transforms the explorationist’s experience and productivity.
IHS Markit will initially enable direct access to its industry-leading global E&P datasets, including well, production and asset information from within the GAIA platform. This combination and visualization of critical content can lead to new insights, enhanced workflows and greatly improved efficiency in the exploration, development and production of oil and gas resources.
“As we embrace openness, our strategic collaboration with IHS Markit enables our clients to take advantage of a wealth of data, accessible through the GAIA platform, where the latest digital technologies can be used to unlock data value for critical business decisions,” Maurice Nessim, president, WesternGeco, said. “Our relationship extends beyond providing access to seamlessly integrated IHS Markit data, WesternGeco multiclient libraries, and public and partner data—all in one place. It also includes collaboration in petrotechnical and data science R&D to rapidly deliver new data solutions on the GAIA platform.”
Recommended Reading
New Permian Math: Vital Energy and 42 Horseshoe Wells
2024-05-10 - Vital Energy anticipates making 42 double-long, horseshoe-shaped wells where straight lines would have made 84 wells. The estimated savings: $140 million.
SM Energy Targets Prolific Dean in New Northern Midland Play
2024-05-09 - KeyBanc Capital Markets reports SM Energy’s wells “measure up well to anything being drilled in the Midland Basin by anybody today.”
Vår Selling Norne Assets to DNO
2024-05-08 - In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.
Crescent Energy: Bigger Uinta Frac Now Making 60% More Boe
2024-05-10 - Crescent Energy also reported companywide growth in D&C speeds, while well costs have declined 10%.
SLB OneSubsea JV to Kickstart North Sea Development
2024-05-07 - SLB OneSubsea, a joint venture including SLB and Subsea7, have been awarded a contract by OKEA that will develop the Bestla Project offshore Norway.