Monday, 31 March 2014
Schlumberger acquires Rock Deformation Research
Schlumberger has acquired Rock Deformation Research (RDR), a UK-based company specialized in geological software development and structural geology consultancy for the oil and gas industry. “The acquisition of RDR will allow us to provide our customers with an integrated solution to address fault and structural geological exploration and development challenges,” said Uwem Ukpong, president, Schlumberger Information Solutions. “RDR’s technology and expertise complements our Petrel-based geological modeling and geology domain knowledge. As our industry goes through a significant crew change with young professionals filling the gap of retiring experienced staff, Studio Advisor provides software-guided workflows that improve decision-making processes and enhance knowledge sharing and best practices.” By integrating with the Petrel E&P software platform and Studio E&P knowledge environment, RDR’s Structural and Fault Analysis module provides users with tools to reduce risk and quantify uncertainty, while Studio Advisor enables Petrel platform users in process standardization and competency development. Core software product development and consulting services will continue to be in Leeds, UK, where most of RDR employees are based.