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LANDMARK AND VERITAS TEAM UP TO PROVIDE UNITED KINGDOM CONTINENTAL SHELF COMPREHENSIVE DATA AND TECHNOLOGY PORTAL
- New data and technology portal announced at 2002 PETEX -
LONDON, UK - Landmark Graphics Corporation, a wholly owned business unit of Halliburton (NYSE:HAL), announced today that it is teaming up with Veritas DGC Ltd., a wholly owned business unit of Veritas DGC (NYSE:VTS), to provide a comprehensive data and technology portal for both existing and new entrants to the United Kingdom Continental Shelf (UKCS). The portal offers data from Veritas' speculative seismic library, public domain well data, and additional public domain data from other sources. The portal will also offer access to Landmark's interpretation and analysis technology in a secure, hosted, online workspace. This portal will enable companies entering the UKCS market to quickly and easily gain access to key technology and data needed for successfully evaluating or working prospects in the region.
"The UKCS is a mature basin which presents daunting challenges and barriers to entry for potential new entrants," said Andy Lane, president and CEO of Landmark Graphics. "We are pleased to be working with Veritas DGC Ltd. in order to provide one-stop access to Landmark's industry leading technology for finding and developing oil and gas as well as access to Veritas' unmatched high quality speculative seismic data."
The Landmark/Veritas portal will also provide access to public domain well data from Common Data Access Ltd. and the list of data available will continue to grow. "One of the goals of our teaming with Veritas is to provide a single point of access for the latest data, technology, and services in a way that is aligned with the financial profile of the typical UKCS member," said Doug Meikle, operations vice president for Landmark EFSU region. "This portal will provide unique access to data and technology that will save new entrants to the UKCS market valuable time and enable them to be competitive with minimal infrastructure costs."
"Veritas has the most current and highest quality library of 3D speculative seismic available in the UKCS," said Elwyn Jones, Veritas DGC Ltd. vice president of Business Development. "Experience has already shown that access to seismic data of this caliber is critical for exploration success in a mature basin like the UKCS. Our joint initiative will allow easy and affordable access to this dataset for new entrants to the UKCS."
Landmark and Veritas will be introducing the comprehensive data portal and the wide range of data, technology, and services that will be available at the 2002 PETEX conference in London.
Veritas DGC Ltd.is a leading provider of integrated geophysical services and reservoir technologies to the petroleum industry worldwide. Visit the Veritas Web Site at www.veritasdgc.com for more information.
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 and the Landmark logo are trademarks or registered trademarks of Landmark Graphics Corp.
Contact
Beverly Scippa
beverly.scippa@halliburton.com
Halliburton
(p) 713.676.7926
Elwyn Jones
VP Business Development-Veritas
elwyn_jones@veritasdgc.com
(p) 44.(0)1293.443.000
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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