Shell, Schlumberger sign R&D agreement

Shell and Schlumberger have agreed to cooperate on a multiyear research and development program to improve petroleum recovery and to extend the life of existing fields.

Offshore staff

HOUSTON – Shell and Schlumberger have agreed to cooperate on a multiyear research and development program to improve petroleum recovery and to extend the life of existing fields.

In announcing the agreement, the new venture said that the combination of Schlumberger formation evaluation and reservoir characterization knowledge with the subsurface laboratory and reservoir expertise of Shell will result in the development of better tools and methods to obtain improved field data, better and more efficient numerical models, and enhanced field development methods.

The research collaboration expands on joint work Shell and Schlumberger already conduct together, and it will initially focus on two specific projects: Reservoir surveillance for enhanced oil recovery (EOR) projects, and Digital Rock for detailed numerical modeling of reservoir rocks.

12/10/2010

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