Schlumberger and IBM Introduce New Service to Optimize Integrated Upstream Production Operations

Category:
Acquisition or Partnership

Schlumberger and IBM announced that they have teamed up to provide integrated services to upstream oil and gas customers that will improve the business impact of production operations projects.

The offering combines Schlumberger's production optimization services, upstream expertise, and industry-leading Avocet* production operations software platform with IBM's enterprise asset management and enterprise services to deliver an end-to-end service for optimizing integrated production operations. Through the service, customers should expect improved productivity, efficiency and cost management across operational areas including production optimization, flow assurance, logistics, scheduling, HSE, human resources, equipment monitoring, and maintenance.

This new service unifies the decision environment to provide the support critical for productivity and efficiency gains in today's oilfield operations. The combination of production optimization workflows with enterprise business processes enables multidisciplinary solution teams to implement customized business offerings spanning asset to enterprise levels.

Keywords: Oilfield Operations, Upstream Oil and Gas, Production Operations, Production Optimization, ARC Advisory Group.

Engage with ARC Advisory Group

Representative End User Clients
Representative Automation Clients
Representative Software Clients