GeoQuest, now ‘a product line of Schlumberger’, will integrate Panther's software products with its own seismic data management applications and services. This acquisition brings Panther's SDMS seismic data management system, SDL 2D/3D seismic data loading application, SAL seismic autoloader application and Panther's PetaSTAR solution into the GeoQuest fold.

Panther will continue its operations and all customer support at GeoQuest under the ongoing leadership of Brad Youmans, now VP of Seismic Data Management Solutions at GeoQuest. Youmans said "Panther's intellectual assets and GeoQuest's access to the global E&P market place produce a powerful business and technical combination that will yield measurable gains for our customers."

GeoQuest President Thierry Pilenko adds "The combining of our products and services will improve our customers' productivity and yield the industry's premier seismic data management solution and the integration of SDMS, SDL, SAL and PetaSTAR with GeoQuest's applications and services will give our customers an optimized workflow across the seismic data lifecycle. Furthermore, we look forward to the future innovations that will be created through the synergy of our combined personnel."

Youmans added "Panther's intellectual assets and GeoQuest's access to the global E&P market place produce a powerful business and technical combination that will yield measurable gains for our customers, together we can deliver the industry's leading technology and data management solutions to the digital explosion of seismic data volumes. Together we can deliver the industry's leading technology and data management solutions to address the digital explosion of seismic data volumes."