Schlumberger announced the integration of industry-leading TIBCO Spotfire and TIBCO Data Virtualization technologies. Company announced the expiration of the previously announced cash tender offer by Schlumberger Holdings Corporation. Schlumberger announced its biennial event, the SIS Global Forum 2019, has surpassed expectations. The collaboration will augment Schlumberger domain science applications with new analytics capabilities. The Ora platform brings unprecedented performance in dynamic reservoir characterization. Global organizations will work together to accelerate development of cloud-native solutions.
It significantly expanding DELFI environment user access to intuitive data virtualization tools. Schlumberger and TGS today announced a new 3D seismic reimaging project in the Egyptian Red Sea. The vision is based on driving customers’ performance to new levels. TerraSphere service overcomes geomechanics-related challenges and provides geological characterization in real time. Schlumberger and TIBCO will leverage both organizations’ ongoing investments in digital innovation by working together. SHC expects to accept for purchase all Notes validly tendered and not validly withdrawn in the Offer.
Trygve Randen, president, Software Integrated Solutions, Schlumberger says “Our collaboration with TIBCO is an important development in our commitment to embrace leading ideas”.
The joint development of descriptive and advanced analytics to deliver powerful new insights. The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km. The international performance has been solidifying, building on a steady rebound of activity growth. Schlumberger introduced the Ora intelligent wireline formation testing platform. The project is supported by industry prefunding will be carried out by TGS and WesternGeco. The strength of GeoMarket platform, positive impact of transformation. Schlumberger introduced the TerraSphere* high-definition dual-imaging-while-drilling service at SPE Offshore Europe Conference.
It combining advanced analytics with the deep scientific knowledge and expertise available in the DELFI environment. It reaffirms the importance of the Forum in bringing together key industry players. Schlumberger, Chevron and Microsoft announced the industry’s first three-party collaboration. Company enriching petrotechnical platforms with powerful solutions available in the cloud. Data will be available before the closing of Egypt’s offshore Red Sea international bid round on October 15. It enhance the customers’ ability to drive operational performance. The collaborative approach will help our clients identify high-potential play segments.
The performance in North America has been under significant pressure. The new service provides the industry’s first application of a logging-while-drilling dual-physics imager for oil. The Forum attracted record numbers of visitors in excess of 800 customers. The platform leverages a new architecture and metrology for enhanced performance. Data is quickly emerging as one of the most valuable assets to any company. The Red Sea 3D reimaging project follows a multiclient 2D seismic acquisition program that was completed in March 2018. The underexplored offshore Egyptian Red Sea area is made up of large.
Schlumberger and TIBCO are focused on helping customers achieve breakthrough results. The Ora platform is rated to 200 degC and 35,000 psi and includes a new focused radial probe. DELFI is a secure, scalable and open cloud-based environment providing seamless E&P software technology across exploration. The management and analytics capabilities to the DELFI environment will improve the speed of decision-making. The result of this has been unsustainable margin compression down to mid-single digits. This reveals enhanced details for geological, petrophysical and geomechanical interpretation to uncover subtle variation.
The TIBCO technologies will form part of the DELFI environment. The digitally enabled hardware can automate complex workflows. The parties will ensure the software developments meet the latest standards in terms of security. Schlumberger and TGS have a long-term commitment with the Egypt Ministry of Petroleum. It includes the Schlumberger E&P application portfolio of market-leading petrotechnical platforms. The platform is built on a digital infrastructure, providing a new customer experience. The collaboration will be completed in three phases starting with the deployment of the Petrotechnical Suite.
Cloud-native solutions including the DrillPlan coherent well construction planning solution. The applicable “Tender Offer Consideration” will be $1,011.58 for each $1,000 principal amount of 2020 Notes. The three-day event included 12 plenary keynote presentations from leaders of global organizations. It combining the expertise of these three global enterprises creates vastly improved. FDPlan agile field development planning solution and ProdOps tuned production operations solution. It’s enabling real-time decisions in a cloud-native environment. Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production.
Every organization now has the opportunity to make better decisions”, said Dan Streetman, chief executive officer, TIBCO.
It’s integrating leading analytics capabilities into the DELFI environment. Schlumberger’s commitment to openness is taken further in the DELFI cognitive E&P environment. Characterizing dynamic reservoir properties is becoming more critical and difficult. There is an enormous opportunity to bring the latest cloud and AI technology. IEA predicts that the E&P industry will continue to contribute about 55% of the energy mix through 2030. Company believe industry-first advancement will dramatically accelerate the speed. This leads prepare the Schlumberger of tomorrow and implement a resilient strategy.
The 2019 SIS Global Forum has demonstrated that Schlumberger is firmly committed to digital investments. The Ora platform has successfully completed more than 30 field trials. The services is more than 120 countries and employing approximately 100,000 people. Ora platform obtained high-quality downhole fluid analysis data in a challenging well geometry. Schlumberger Limited has executive offices in Paris, Houston, London. The four regions are increasingly competing against each other. The TerraSphere service delivers geological and geomechanical data that not only saves logging time. It’s an important step that will help improve decision making and foster greater innovation in E&P.