Schlumberger and Chevron Energy Technology Company Sign Software Agreement | Schlumberger
Press Release
Publication Date
3/26/2015
Article Topics
Reservoir Interpretation & Analysis Stakeholder Engagement Software
Products Used
Geologic Understanding and Field Development
Geologic Understanding and Field Development
Combining all earth sciences, engineering, and simulation domains in the Petrel platform enables better, more informed decisions.
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Schlumberger and Chevron Energy Technology Company Sign Software Agreement

Petrel E&P software platform deal to drive technology, reliability, efficiency and integration

HOUSTON, March 26, 2015—Schlumberger announced today the signing of a long-term software contract with Chevron Energy Technology Company (ETC), a division of Chevron U.S.A. Inc. The new contract provides universal access to the Petrel* E&P software platform across Chevron’s entire earth sciences organization.

"We have enjoyed more than a decade of innovation and collaboration with Chevron, partnering on several key initiatives from intellectual property development on Ocean* software development framework to a field development consortium on the INTERSECT* high-resolution reservoir simulator," said Uwem Ukpong, president, Schlumberger Information Solutions. "This agreement is core to advancing continuous improvement for capital efficiency."

In addition to the Petrel software, the contract includes a number of other software in the geological, geophysical and reservoir evaluation domains, including the Techlog* wellbore software platform, OFM* well and reservoir analysis software, and the ProSource* E&P data management and delivery system.

For more information on Schlumberger software, visit www.software.slb.com.

About Schlumberger

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 120,000 people representing over 140 nationalities and working in more than 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $48.58 billion in 2014. For more information, visit www.slb.com.

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*Mark of Schlumberger
INTERSECT is a joint product collaboration of Schlumberger, Chevron and Total

For further information, contact:

Lisa Ann Hofmann
Media Relations Manager
Schlumberger
Tel:+1 713 689 7091
lhofmann@slb.com

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