Schlumberger acquires Rock Deformation Research
Schlumberger has acquired Rock Deformation Research Ltd. (RDR), a UK-based company specializing in geological software development and structural geology consultancy for the oil and gas industry.
LEEDS, UK– Schlumberger has acquired Rock Deformation Research Ltd. (RDR), a UK-based company specializing in geological software development and structural geology consultancy for the oil and gas industry.
By integrating with the Petrel E&P software platform and Studio E&P environment, RDR’s Structural and Fault Analysis module provides users with tools that aim to reduce risk and quantify uncertainty. Studio Advisor enables process standardization and competency development for Petrel users.
“The acquisition of RDR will allow us to provide our customers with an integrated solution to address fault and structural geological exploration and development challenges,” said Uwem Ukpong, president of Schlumberger Information Solutions. “RDR’s technology and expertise complements our Petrel-based geological modeling and geology domain knowledge. As our industry goes through a significant crew change with young professionals filling the gap of retiring experienced staff, Studio Advisor provides software-guided workflows that improve decision-making processes and enhance knowledge sharing and best practices.”
Rob Knipe, founder and chairman of RDR, said, “As a Schlumberger company, we will be able to further the mainstream adoption of our software and continue to develop advanced exploration and development solutions by leveraging Schlumberger technology and development expertise.”
Core software product development and consulting services will continue to be in Leeds,UK, where most of the RDR employees are based.