Photo: Image source: Schlumberger

Schlumberger, IHS Markit team up to provide E&P datasets

Oil services company Schlumberger has established a strategic collaboration between its seismic and geophysical data solutions division WesternGeco and global information provider IHS Markit.

Schlumberger said that the collaboration would bring together data, technology, and expertise from the two exploration and production information providers 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.

IHS Markit will initially enable direct access to its global E&P datasets, including well, production, and asset information from within the GAIA platform.

According to the company, 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.

Maurice Nessim, president of WesternGeco, said: “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. It also includes collaboration in petrotechnical and data science R&D to rapidly deliver new data solutions on the GAIA platform.”

David Hicks, SVP of Energy Upstream at IHS Markit, added: “Bringing critical data sources together to help our clients improve efficiencies and extract more value from their assets is the primary goal of this endeavor.

“Since speed to decision is such a critical issue and data volumes continue to expand rapidly, clients will benefit from the increased use of artificial intelligence and various data science technologies to more quickly interrogate our global E&P database in new ways.”

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