Schlumberger has announced the acquisition of exclusive distribution rights to the oil and gas sector for the MetaCarta map-based geographic information search technologies from MetaCarta, Inc.
“MetaCarta is the perfect complement to expand the Schlumberger industry leadership in information management. With the increasing amount of information held in unstructured form such as documents, presentations and web content, MetaCarta’s geographically specific access to unstructured content brings new power to petrotechnical professionals,” said Olivier Le Peuch, president, Schlumberger Information Solutions (SIS). “In combination with our geoscience and engineering information management solutions, now petrotechnical professionals will be able to rapidly incorporate all available information that is relevant to their prospect or field.”
MetaCarta search technology combines map-driven geographic search, geographic referencing, temporal filtering and data visualization capabilities for both structured and unstructured content, making that content "location-aware." This enables geoscientists and engineers to rapidly find and display relevant data in the context of their area of interest.
“The Schlumberger global sales and support organization will accelerate the expansion of MetaCarta solutions in the oil and gas industry,” said Ron Matros, president and chief executive officer, MetaCarta. “We look forward to bringing geographically relevant data search capabilities to a broader set of customers across the globe.”
Schlumberger will acquire all existing contracts for MetaCarta in the oil and gas sector, resulting in a single source for sales and support of this technology in the industry.
For more information, visit www.SLB.com or www.metacarta.com.
Recommended Reading
Midstream M&A Adjusts After E&Ps’ Rampant Permian Consolidation
2024-10-18 - Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
CEO: Breakwall Providing Capital as RBLs ‘Materially’ Decrease
2024-10-09 - Breakwall Capital is stepping in to bridge the gap from the historic days of reserve-based lending, Breakwall Managing Partner and co-CEO Jamie Brodsky said at Hart Energy's Energy Capital Conference in Dallas.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
2024-10-02 - EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.