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Landmark opens asset development centre in Aberdeen

Posted: 4 September 2003

Regional operations to improve the performance of assets, asset teams and E&P portfolios

Landmark Graphics Corporation, a wholly owned business unit of Halliburton, announced today the opening of the first Asset Development Centre in Europe within its newly refurbished Aberdeen office.

The centre will enable oil & gas asset teams to access Landmark's leading innovative technology in a fully optimised collaborative environment including a state-of-the-art visualisation room featuring a 24-foot diameter, 160 spherical screen with three-channel projection, supporting full active stereo for highly immersive visualisation.

The centre supports numerous computing hardware platforms and software applications, including the PetroBank multi-client data bank, and maintains fully operational training and project workrooms. The facilities are supported by IT, data and application experts, and Landmark's Asset Performance Consulting group (APC™), to ensure clients can focus on core value added decision making workflows.

"Landmark is delivering enhanced value to our clients in the North Sea through innovative technology," said Andy Lane, President and CEO of Landmark. "The visualisation centre offers clients the opportunity to better integrate people, processes and technology that dramatically improve the speed and quality of decision-making needed for prospect generation and real-time reservoir management. As a result, our customers can optimise asset performance, reduce cycle time, implement new processes and improve profitability."

"A recent CERA report has confirmed that many companies believe the business case benefits resulting from visualisation centres are now well proven," said Jonathan Lewis, Landmark Operations vice president, Eastern Hemisphere. "The Aberdeen centre will enable our customers to take advantage of visualisation technology and effectively compete in today's market by using large-scale visualisation to find more reserves and plan wells more accurately."

Landmark will also be offering consulting services through its APC group to work with clients in the centre. APC capabilities span prospect generation, field development planning, well and drilling optimisation and production optimisation. The group integrates technical experience and know-how with state-of-the-art technologies and processes to generate economically viable and effective solutions. Worldwide APC personnel include geologists, geophysicists, petrophysicists, reservoir engineers, production engineers, drilling engineers, facilities engineering and economics professionals to provide true subsurface-surface integration.

Landmark is the leading supplier of software and services for the upstream oil and gas industry. The company's software solutions span exploration, production, drilling, business decision analysis and data management. Landmark offers a broad range of consulting services that enable customers to optimise their technical, business and decision processes. Visit the Landmark Web site at www.lgc.com for more information.

Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries.

The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments.

For more information see www.halliburton.com.

Posted by Richard Price, Editor Pipeline Magazine

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