Agip Petroleum Selects Schlumberger's Data Management Solution; PowerHouse Service to Support Offshore Exploration Activity.HOUSTON--(BUSINESS WIRE)--Sept. 22, 1999-- Schlumberger Oilfield Services Schlumberger Oilfield Services, a division of Schlumberger Limited, is the world’s largest supplier of exploration and production (E&P) services, solutions and technology to the international petroleum industry. through its GeoQuest product line today announced that Agip Petroleum Co. Inc., a division of Italy's national oil company, ENI, signed a five-year contract for PowerHouse(R) center-based exploration and production (E&P) data management services and Finder(R) data management software. "Agip Petroleum believes GeoQuest's data management services will allow increased efficiency in the geology, geophysics and engineering process and help reduce costs in the medium- to long-term," said Agostino Maccagni, vice president for exploration for Agip. "This project also may eventually be applied to other ENI-Agip subsidiaries." GeoQuest, which markets and supports PowerHouse, will team with Geco-Prakla, a division of Schlumberger, and Data Logic Services, a division of IHS IHS (I.H.S.) first three letters of Greek spelling of Jesus; also taken as acronym of Iesus Hominum Salvator ‘Jesus, Savior of Mankind.’ [Christian Symbolism: Brewer Dictionary, 480] See : Christ IHS Energy Group, to provide comprehensive E&P data management of Agip's Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east operations. In this outsourcing agreement, GeoQuest will manage Agip's digital and physical, seismic, log, and well data from its Houston data management center (DMC DMC Devil May Cry (video game) DMC Detroit Medical Center DMC Darryl McDaniels (rapper) DMC Destination Management Company DMC Del Mar College (Corpus Christi, TX) ). The DMC was opened nearly two years ago as a built-for-purpose facility designed specifically to provide PowerHouse data management services. "PowerHouse will give Agip's geoscientists and engineers access to workstation-ready data, resulting in greater efficiency through reduced decision cycle time," said Stan Wedel we·del intr.v. we·deled, we·del·ling, we·dels To ski on snow by means of wedeln. [Back-formation from wedeln.] Verb 1. , business manager for GeoQuest North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . "Agip joins a growing number of companies that are using our data management services to increase asset value." Agip Petroleum is the US-based exploration and production arm of ENI's Agip division. ENI, based in Italy, is an integrated energy company operating in the oil, natural gas and petrochemical industries as well as oilfield services and engineering. It currently has operations in more than 70 countries where it employs more than 80,000 people and produces more than one million barrels of oil equivalent per day. It is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Milan stock exchanges Milan Stock Exchange The largest regional stock exchange in Italy, facilitating more than 90% of the country's trading volume. . GeoQuest, a product line of Schlumberger, is the E&P industry leader for the supply of integrated software systems, data management solutions, and processing and interpretive services to assist petroleum companies in optimizing the value of their oil and gas reservoirs. Schlumberger-the leading supplier of services and technology to the international petroleum industry-operates offices, services locations, and research and development facilities around the world. (R) Registered trademark of Schlumberger |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion