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 knowledge environment, RDR’s Structural and Fault Analysis module provides users with tools to reduce risk and quantify uncertainty, while Studio Advisor enables Petrel platform users in process standardization and competency development.
“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.”
“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,” said Professor Rob Knipe, founder and chairman of RDR.
Core software product development and consulting services will continue to be in Leeds, UK, where most of the approximately 40 RDR employees are based.