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LANDMARK'S TOW/CS PRODUCT FUNCTIONALITY ENHANCED BY R2003 RELEASE
-New features and enhancements in response to industry needs-
Dallas, Texas - Landmark Graphics Corporation, a wholly owned business unit of Halliburton (NYSE:HAL), today announced it has released a new version of The Oilfield Workstation/client server (TOW/cs™) production data management system. This new release enables streamlined workflows through the provision of zone-level allocation, enhanced data import and export capabilities and customizable user desktops. TOW/cs is the industry's most robust and flexible solution for production data capture, allocation, retrieval and analysis in today's cost-driven oil field environment.
"This latest release of TOW/cs is a major benefit to our user community and demonstrates how Landmark is continually responding to the needs of our customers and the industry," said Andy Lane, president and CEO of Landmark. "Combined with Landmark's production, economics and reservoir management solutions, TOW/cs is a critical component of our production data management strategy."
In addition to zone-level allocation and providing support for streamlined user workflows, the new release of TOW/cs also incorporates migration to the latest Microsoft Windows® 32-bit architecture. Zone-level allocation provides TOW/cs users the capability to assign total volumes of produced oil, gas and water to individual producing layers, enabling reservoir engineers to proactively manage their assets. Understanding the
production history of each horizon within a well is critical as they transition to real or near real-time operations management. TOW/cs is compatible with all other Landmark R2003 products. Zone and other summary production data are available to geoscientists via links to OpenWorks™.
"This is the best release of TOW/cs yet. We are pleased to see TOW/cs in a form compliant to the latest Microsoft technology that conforms to the W2000 desktop. TOW/cs is a key piece of technology that we rely on in our day-to-day business to manage Apache's production from more than 13, 000 wells," said Lisa Petty Lehle, manager IT Production Systems and Desktop Computing, Apache Corporation.
"Our new version of TOW/cs is a major leap in technology for production accountants and petroleum engineers," said Bill Sanstrom, vice president of drilling and production. "Field operations now have accurate, real-time and near real-time data at their fingertips. This leads to a reduction in well down time and timely surveillance, both of which deliver improved profitability to the customer's bottom line."
Combined with Landmark's production, economics and reservoir management tools: DSS™, Aries™ and VIP™, this release supports Landmark's new Active Field Surveillance™ system of fully integrated workflows for field management. Active Field Surveillance allows today's global energy companies to better manage producing assets - boosting production, lowering lifting costs and driving greater profitability.
Landmark is the leading supplier of software and services for the upstream oil and gas industry. The company's software solutions span exploration, production, drilling, business decision analysis and data management. Landmark offers a broad range of consulting services that enables customers to optimize their technical, business and decision processes. Visit the Landmark Web site at www.lgc.com for more information.
Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's World Wide Web site can be accessed at www.halliburton.com.
Editor's Note: Landmark, the Landmark logo, TOW/cs, DSS, Aries, VIP, Total Field Surveillance and OpenWorks are trademarks or registered trademarks of Landmark Graphics, Corp. All other trademarks, service marks and product or service names are the trademarks or names of their respective owners.
Contact
Beverly Scippa
beverly.scippa@halliburton.com
Halliburton
(p) 713.676.7926
Employment Contact
jobs@halliburton.com
(p) 800.888.7668
ext. 8005
Supplier/Procurement Contact
kbr_supplier_relations@halliburton.com
Supplier Diversity Contact
Erin Petkovich
supplier_diversity@halliburton.com
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