Shell has selected Halliburton unit Magic Earth’s GeoProbe to equip its global visualization centers and on their geoscientists’ desktops. The agreement is said to be ‘one of the largest commitments to date by an oil and gas company for Magic Earth’s technology.’
Shell director of E&P technology Paul Ching said, “GeoProbe will play an important role in our visualization and interpretation work. The addition of GeoProbe to our subsurface toolbox will be a great benefit to Shell’s interpretation experts. GeoProbe, combined with other third party tools, and our own unique proprietary technology will ensure that Shell’s technology capability remains at the forefront of the industry.”
Magic Earth president Mike Zeitlin added “We look forward to Shell using GeoProbe to add vital new reserves to the world’s inventory while maximizing the value of their technology investment through significantly reduced cycle times and improved accuracy.”
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