OIL & GAS

Schlumberger Information Solutions (SIS) announced today the signing of a multi-year, multi-product software master agreement with Shell International Exploration and Production. Schlumberger Information Solutions will provide a set of exploration and production (E&P) application software, which will form an important part of the Shell Global Standard Software Portfolios. This is a common set of software tools made available by Shell for use by its E&P business affiliates worldwide, allowing increased efficiency in global work and staff movement, and sharing of best practices and lessons learned. "SIS solutions will help Shell achieve global standardization, especially in data management and static modeling areas," said Paul Ching, Shell EP Technology and Research Director. "SIS technologies, combined with other vendor tools and our own unique proprietary technology, will ensure that Shell's technology capability remains at the forefront of the industry." The agreement includes information management, geoscience, reservoir simulation, well and production engineering, and economics solutions. It also gives Shell access to the Schlumberger software development framework, based on Microsoft .NET(a), as a potential platform for Shell's own proprietary developments and complements the continued commitment and use of OpenSpirit. As part of the Shell Global Standard Software Portfolios, SIS information management solutions will contribute to Shell's overall information management environment for E&P. SIS economics and financial planning solutions enable a Living Business Plan, allowing for secure Web-based collection of regional investment plans, their global rollup and optimization of key business measures. "This agreement lays a common foundation for SIS to provide its leading-edge software technology, including the Living Model(TM) open 3D model-centric seismic-to-simulation workflow, to Shell and its E&P business affiliates worldwide," said SIS President Ihab Toma. "In addition, it provides the opportunity for cooperative developments to meet Shell's long-term technology needs."