Norsk Hydro E&P has selected GeoQuest as its world-wide integration platform. IT manager Trond Hanesand said “This represents an opportunity to upgrade our technology and provide a more integrated workflow.” Speaking at the GeoQuest forum earlier this year, Hanesand revealed that Norwegian companies spend twice as much on IT as others, and outlined Hydro’s plans to for a 40% reduction in IT costs and major software rationalization.
The shake out has now taken place and Hydro is rebuilding its IT from ground up with GeoQuest tools. Finder is to be the corporate data store (PetroBank is maintained for seismics) and GeoFrame will support applications from GeoQuest and third parties. New GeoQuest software announced in the deal includes StratLog, WellPix and GeoViz 3D. The software replaces PGS’ Tigress reservoir suite.
GeoQuest will generate new project databases for some 20TB of shared project data resulting from the merger of Hydro and Saga Petroleum earlier this year. Third party software retained after rationalization includes FAPS, IRAP, GeoDepth, VoxelGeo and IRMS.
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