8/14/2019 Schlumberger Acquires Techsia Press Release May
2009
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Schlumberger Acquires Techsia
Combines Flagship Petrophysics Software with Leading Log
Acquisition and Reservoir Modeling to optimizeReservoir
Characterization and Real-Time Well Decisions
PARIS, May 20, 2009Schlumberger announced today that it has
acquired the shares of Techsia SA, a supplierof petrophysical
software based in Montpellier, France. Techsia, well-known in the
industry for its flagshipTechlog product, will become the
Schlumberger Petrophysics Software Center of Excellence for
thedevelopment of state-of-the-art solutions for the oil and gas
exploration and production industry.
Techlog will form a powerful complement to the industry-leading
Petrel* Earth Model through an integratedapproach to log and core
petrophysical interpretation. This will be particularly valuable in
enabling real-timeworkflows for well construction. In addition,
once operating in the Ocean* environment, Techlog will feature
thesame level of open-platform capability as the rest of our
new-generation products. said Tony Bowman, presidentof Schlumberger
Information Solutions.
Stephanie Gottlib-Zeh, founder, president and chief executive
officer of Techsia added, We see this move bySchlumberger as
recognition of the high-quality software developed by Techsia.
Accessing the Schlumbergerglobal sales and business development
organization will directly allow Techlog to achieve greater
marketpenetration and accelerate the realization of integrated
workflows from the wellbore to the reservoir to change thegame for
reservoir management. I am convinced that the cultural fit between
Techsia and Schlumberger will foster
increasing innovation and create further opportunities.
Techsia, currently employing 53 people, will continue to operate
under its own name. Future product developmentwill benefit from
collaboration with a number of Schlumberger research and
development centers that offerknowledge and expertise in
geomechanics, well placement, production logging and fluid
characterization. Inaddition, the introduction of the Techsia
Malcom solution for the chromatographic analysis of fluid samples
willbe enhanced by the global reach of Schlumberger.
About SchlumbergerSchlumberger is the worlds leading supplier of
technology, integrated project management and information solutions
tocustomers working in the oil and gas industry worldwide.
Employing more than 82,000 people representing over
140nationalities and working in approximately 80 countries,
Schlumberger provides the industrys widest range of products
andservices from exploration through production.
Schlumberger Limited has principal offices in Paris, Houston and
The Hague and reported revenues of $27.16 billion in2008. For more
information, visit www.slb.com.
For further information, contactStephen WhittakerDirector of
Corporate CommunicationsSchlumberger LimitedOffice + 33 1
[email protected]
Registered Mark of Techsia*Mark of Schlumberger
