Schlumberger Acquires Exclusive Distribution Rights to BabelFish Production Operations Integration Software for Upstream Oil & Gas
Posted on May 29, 2008 – 8:19 am | by vchris
Agreement Provides Web-based Information Aggregation and Visualization Capability for Real-Time Production Operations
HOUSTON, May 28, 2008 - Schlumberger today announced the acquisition of exclusive distribution rights in the upstream oil and gas industry for the BabelFish production integration software from ISS Group, Ltd. Australia.
“The ISS Group technologies complement the Schlumberger Information Solutions (SIS) production operations offering and expand our ability to deliver digital oil field solutions,” said Tony Bowman, president, SIS. “In combination with our Avocet* production data management, surveillance, analysis and modeling solutions, the BabelFish web-based visualization framework will give production engineers and managers immediate access to actionable information—to proactively monitor and make adjustments to operations systems.”
BabelFish is a framework that enables integration of diverse data from multiple production operation systems, field equipment and management applications. Data is logically grouped and graphically displayed to mirror an organization’s exact real-time operational environment.
Shane Attwell, managing director of ISS Group, said, “We are extremely delighted to be a part of this significant agreement. It combines the advanced BabelFish visualization and operations solution and the Schlumberger global sales force and service capability to deliver a unique value proposition to oil and gas operators wishing to take the next steps to digital asset management.”
ISS will continue to market its real-time production management technologies to the midstream and downstream oil and gas, refining, minerals, chemicals, energy, manufacturing and power industries.
About Schlumberger
Schlumberger is the world’s leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. The company employs more than 80,000 people of over 140 nationalities working in approximately 80 countries. Schlumberger supplies a wide range of products and services from seismic acquisition and processing; formation evaluation; well testing and directional drilling to well cementing and stimulation; artificial lift and well completions; and consulting, software, and information management. In 2007, Schlumberger revenue was $23.28 billion. For more information, visit www.SLB.com.
About ISS Group
ISS Group delivers software solutions to the global energy, minerals and manufacturing industries. ISS Group was established in 1995 and listed on the ASX in 2004. The Company has offices in Australia, US, Europe and Asia and has a blue chip client base including BHP Billiton, Woodside, Rio Tinto, Shell, BG International, BP and Petronas. The company’s flagship product BabelFish™ is a powerful interface through which companies can aggregate their many disparate real-time systems to provide a single holistic view of their complex processes and operations. Please visit the ISS Group website www.issgroup.com.au for further information.
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*Mark of Schlumberger
Other company, product, and service names are the properties of their respective owners.
For further information, contact:
Susan Ganz
Media Relations Manager
Schlumberger Oilfield Services
+1 281 285 8245
sganz1@slb.com
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Tags: BabelFish, BG International, BHP Billiton, BP, Rio Tinto, Schlumberger, shell, Software, Upstream Oil & Gas, Woodside
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