Schlumberger has acquired the shares of Techsia SA, a supplier of petrophysical software based in Montpellier, France. Techsia, well-known in the industry for its flagship Techlog© product, will become the Schlumberger Petrophysics Software Center of Excellence for the development of state-of-the-art solutions for the oil and gas exploration and production industry.

“Techlog will form a powerful complement to the industry-leading Petrel* earth model through an integrated approach to log and core petrophysical interpretation. This will be particularly valuable in enabling real-time workflows for well construction. In addition, once operating in the Ocean* environment, Techlog will feature the same level of open-platform capability as the rest of our new-generation products,” said Tony Bowman, president of Schlumberger Information Solutions.

Stephanie Gottlib-Zeh, founder, president and chief executive officer of Techsia, added, “We see this move by Schlumberger as recognition of the high-quality software developed by Techsia. Accessing the Schlumberger global sales and business development organization will directly allow Techlog© to achieve greater market penetration and accelerate the realization of integrated workflows from the wellbore to the reservoir to change the game for reservoir management. I am convinced that the cultural fit between Techsia and Schlumberger will foster increasing innovation and create further opportunities.”

Tags: Schlumberger, Techsia SA