Landmark acquires Knowledge Systems
Offshore staff
HOUSTON -- Landmark has acquired all intellectual property, assets, and existing business of Knowledge Systems Inc. Founded in 1985, Knowledge Systems is a provider of combined geopressure and geomechanical analysis software and services. The company, headquartered in Sugar Land, Texas, has approximately 90 employees in offices in Sugar Land; Perth, Australia; and Guildford, UK.
"Integrating Landmark's industry-leading well planning and engineering solutions with Knowledge Systems' pore pressure prediction and geomechanics solutions uniquely positions Halliburton to address our clients' needs by reducing the cycle time needed to plan, drill, and complete wells," says Paul Koeller, VP of Landmark. "By leveraging seismic source data and interpretations from Landmark's industry-leading OpenWorksproject database, we can enhance pore pressure predictions and reduce uncertainty and risks in the drilling process."
05/01/2008