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Woodside buys CSD licenses


Published Nov 26, 2015
Woodside Energy Ltd.

After a thorough evaluation the Australian oil company Woodside Petroleum has chosen to buy license to use the Completion String Design (CSD) software from the Stavanger (Norway) based Completion Services. Woodside Petroleum has operation and interests globally and is the largest oil and gas operator in Australia. It is personnel at the Woodside Petroleum main office in Perth that has chosen to invest in CSD to handle all well schematics in one centralized database and at the same time take care of both well history and well related documentation.

Gard Karlsen, managing director and co-founder says “It is extremely exciting to get a new customer in Australia. Oil Search Limited in Sydney is already using CSD but I think that the fact that Woodside Petroleum in the oil capital Perth has chosen CSD will be noticed in the Australian market. I’m also pleased to see that Woodside Petroleum has understood that collecting well schematics and well data in one centralized can save them both time and money. This comes in handy as the oil price is still hovering around 50 USD per barrel. I’m also very pleased to see that we have gotten several new customers in 2015 despite of the fact that the oil and gas sector has a strong focus on cost cutting. The majority of Norwegian operators are already using CSD so it is only natural that our new customers in 2015 are in countries such as Denmark, Nigeria, Malaysia and Australia.”

Tags: Completion String Design, Woodside Petroleum Ltd




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