Landmark acquires Neftex Petroleum Consultants Limited

7/31/2014

Landmark acquires Neftex Petroleum Consultants Limited

HOUSTON -- Landmark Software and Services, a Halliburton business line, has acquired Neftex Petroleum Consultants Limited, a UK-based company specializing in sequence stratigraphy-based products and consulting for subsurface risk reduction. The Neftex Earth Model integrates millions of data points to deliver a global overview of the geological history and resource development of the earth.

Neftex’s 4D “digital model” of the subsurface is driven by a proprietary global sequence stratigraphy framework.  This allows geoscientists to use a single global platform to search, discover, analyze and integrate geoscience data and interpretations to understand and manage subsurface risk.

The Neftex Earth Model Base Module provides tectonic and stratigraphic data and framework interpretations needed to underpin regional exploration. Additional modules deliver supplementary licensed datasets for each region across the globe.  This content provides the ability to compare stratigraphic sequences for a particular basin with other basins around the world during the same time period. Operators will be able to identify potential exploration prospects based not just in the basin of interest, but also within the context of a global framework reference.

Landmark customers will now be able to integrate data and interpretations from the Neftex Earth Model with the DecisionSpace application platform.

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