Schlumberger, IHS Markit bring analytics-ready data to GAIA platform

Schlumberger has established a strategic collaboration between WesternGeco. TGS and Schlumberger announced a strategic collaboration for multiclient ocean-bottom node projects in the deepwater U.S. Schlumberger expands petrotechnical workloads running on Google Cloud Platform. IHS Markit, a world leader in critical information, analytics and solutions. IriSphere look-ahead-while-drilling service reduces drilling risks. The collaboration will bring together data, technology and expertise from two of the industry’s leading sources.

Company announced the commencement of a private offer to exchange three series of senior notes. Schlumberger and TGS announced a new 3D seismic reimaging project in the Egyptian Red Sea. E&P information and make it available through the GAIA digital subsurface platform. TerraSphere service overcomes geomechanics-related challenges and provides geological characterization in real time. Schlumberger Limited will hold a conference call on October 18, 2019 to discuss the results for the third quarter.

Maurice Nessim, president, WesternGeco says “Our strategic collaboration with IHS Markit enables our clients to take advantage of a wealth of data”.

WesternGeco launched the GAIA platform to accelerate data discovery, screening. Open source data ecosystem enables collection, integration, management, enrichment. The ranking of their clients’ exploration opportunities by providing access to all relevant and licensed data. The collaboration includes the previously-announced 2,350 km2 Amendment Phase 1 project. Schlumberger announced that it has renewed and significantly expanded its agreement.

It improves efficiency by providing data ahead of the bit in real time. The aggregate principal amount of Old Notes that are accepted for exchange. The project will comprise reimaging data from three overlapping seismic surveys. Powered by the DELFI cognitive E&P environment, the GAIA platform transforms the explorationist’s experience. Schlumberger today introduced the TerraSphere high-definition dual-imaging-while-drilling service.

IHS Markit will initially enable direct access to its industry-leading global E&P datasets. The conference call is scheduled to begin at 8:30 am US Eastern time. Schlumberger has deployed its oil and gas petrotechnical software suite. The new service provides the industry’s first application of a logging-while-drilling dual-physics imager. This combination and visualization of critical content can lead to new insights. It incorporates electromagnetic and ultrasonic measurements that enable multiple high-resolution borehole images.

It enhanced workflows and greatly improved efficiency in the exploration, development. Schlumberger announced that it will open source its data ecosystem. It includes the integration of all legacy seismic. It accessible through the GAIA platform, where the latest digital technologies can be used. The reveals enhanced details for geological, petrophysical and geomechanical interpretation to uncover subtle variations. A webcast of the conference call will be broadcast simultaneously at company website.

Oil and gas companies will be able to accelerate their digital progress by moving data. The relationship extends beyond providing access to seamlessly integrated IHS Markit data. The DELFI data ecosystem enables secure cross-discipline collaboration and powers the environment’s domain workflows. It will be based on the order of acceptance priority. WesternGeco multiclient libraries, and public and partner data—all in one place. The strategic collaboration with Google Cloud enables Schlumberger.

It also includes collaboration in petrotechnical and data science R&D to rapidly deliver new data solutions. The Exchange Offer is being conducted upon the terms and subject to the conditions set forth. The project is supported by industry prefunding will be carried out by TGS and WesternGeco. The real-time transmission of images with these enhanced details enables drillers to make better-informed decisions.

David Hicks, senior vice president of Energy Upstream says “For years, the industry has talked about the need to break down silos and combine data across organizations”.

It enable mutual clients to make better decisions faster. Data will be available before the closing of Egypt’s offshore Red Sea international bid round. More than 30 field trials were conducted with the TerraSphere service in the Gulf of Mexico. Two of the biggest providers in E&P content, IHS Markit. The Company reserves the right, in its sole discretion, to increase the New Notes Cap. The comprehensive geological understanding, innovative seismic imaging techniques.

Bringing critical data sources together to help clients improve efficiencies. The trials included successful imaging for structural and stratigraphic analysis. The Red Sea 3D reimaging project follows a multiclient 2D seismic acquisition program. Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling. Since speed to decision is such a critical issue and data volumes continue to expand rapidly. 2025 Notes Cap following commencement of the Exchange Offer. Clients will benefit from the increased use of artificial intelligence.

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