Austin, TX-based Drillinginfo (DI) has acquired Transform Software of Denver, CO. The acquisition extends DI’s upstream data and analytics offering with Transform’s non conventional focussed seismic interpretation package. Transform’s technology addresses sweet spot identification from seismic and other data. This will now be available to subscribers to DI’s data services and hosted decision support software to ‘address the challenges of unconventional oil and gas development.’
DI CEO Allen Gilmer said, ‘We look forward to enhancing our customers’ analytic and interpretation results with the breadth of Drillinginfo data, enabling more accurate sweet spot targeting and more efficient well optimization. The combination of our SaaS platform and E&P data and Transform’s tools will enable faster and better decisions.’
Drillinginfo will retain Transform’s Denver-based office and all of its employees. Transform’s CEO and co-founder, Dean Witte, is now senior VP R&D and CEO of the Transform division. Murray Roth, Transform’s president and co-founder, is now VP worldwide consulting for DI and president of the Transform division. More from Drillinginfo.
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