Mobil to license PowerPlan (May 1999)

Schlumberger has signed with Mobil Technology Corp. for the world-wide deployment of GeoQuest's PowerPlan well design and optimization software.

Mobil Technology Corp. is responsible for providing research and development and consulting services for the global upstream business of Mobil Oil Corporation, and is representing Mobil's worldwide operating units in the PowerPlan deal. The PowerPlan ‘Workflow Solution’ is to replace Mobil's proprietary technology. Mobil's L. K.Vopni, manager of technology applications and data management said "A key factor in our decision is PowerPlan's use of industry standards that will allow our engineers to share data with our geoscientists."

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