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Providing coverage of Alaska and northern Canada's oil and gas industry
June 2004

Vol. 9, No. 25 Week of June 20, 2004

PETROLEUM DIRECTORY: Schlumberger buys software, consulting firm

Petroleum News

Schlumberger Information Solutions has acquired the assets of Decision Team, an Austrian company that provides oil and gas software and consulting services.

Schlumberger didn’t disclose the price it paid for the acquisition, announced May 13.

Decision Team adds a new suite of intelligent reservoir surveillance software to the Schlumberger arsenal. The software, called DECIDE!, “intelligently captures, analyzes, conditions and transforms both historical and real-time production data into actionable operational decisions,” according to a press release from Schlumberger.

The software’s notification systems provide ranking lists of those wells that are under performing, and automated event detection replaces routine field surveillance, resulting in significant time saving, according to the company.

Decision Team has been based in Baden, Austria.






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