Landmark Graphics Corp. has signed a three-year agreement with Statoil for the provision of full Landmark suite of drilling software. As a result of this agreement, Statoil will have achieved full integration of subsurface software technology for all of its domestic and international drilling divisions.
Mads Grinroed, Statoil VP drilling and well technology said, “Statoil has entered into a global access agreement for drilling technology with Landmark. This includes virtually unlimited access to Landmark’s drilling and technical engineering software and applications. Landmark will also supply technical drilling support, training and consulting services to Statoil.”
Landmark VP Bill Sanstrom said, “Statoil’s commitment to Landmark’s drilling software will enable it to handle engineering complexity in all areas of well planning more effectively. The integration of Landmark’s drilling products with OpenWorks suite will also provide improved work processes for well planning and drilling operations, reducing cycle time and total drilling costs.”
Landmark president Andy Lane added, “Statoil’s decision to extend its use of Landmark products and technology into the well planning and drilling area demonstrates the value that it places on Landmark’s innovative technology.”