ChevronTexaco and Schlumberger have signed a multi-year technology development project to develop a ‘next-generation’ reservoir management solution. The focus is leveraging real-time oilfield sensor data from wells and facilities to improve oilfield management.
ChevronTexaco E&P Co. president Mark Puckett said, “Our objective is to bring recent advances in information technology and production system modeling together in a valuable solution. This project will enable access to field information from real-time sensors enabling collaboration between field and office personnel for faster and better decisions on reservoir performance.”
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