iStore beats majors in Pemex data deal

The Information Store’s PetroTrek data management suite to support Pemex data management.

The Information Store (iStore) of Houston, has signed a deal with Pemex unit Integrated Trade Systems, to improve Pemex’ data access. Pemex’ data managers will deploy iStore’s PetroTrek tools to analyze, report on and distribute ‘mission-critical’ exploration and production data.

Correa

Pemex’ José Luis Figueroa Correa said, ‘iStore gives our teams access to a wide range of oil field data which can quickly and easily be put into various formats and used to support decision-making. We’re excited about the results.’

Irani

iStore president Barry Irani added, ‘As a niche player, we often compe with better-known software providers. But oil companies are coming to the conclusion that iStore provides a superior method of accessing oil and gas data.’

KSS

iStore used its proprietary ‘Knowledge Sharing Solution’ to negotiate the agreement. iStore posted documents to a web-based IM system where both parties could make changes and post approvals quickly and easily.

Schlumberger

Back in 2003 (OITJ Vol. 8 N° 3), Pemex awarded a two year, $60 million contract to Schlumberger’s Information Solutions and Sema units for the provision of upstream information management solutions and services.

Click here to comment on this article

Click here to view this article in context on a desktop

© Oil IT Journal - all rights reserved.