NEWS COMMENTARY

Woodside signs seven-year agreement with Schlumberger, marking one of the first publicly disclosed customers for the DELFI cloud platform

Published:
August 22, 2019
Coverage:
Digital Transformation More...
Activities:
Partnership
by Harshit Sharma
Average importance

Woodside claims it targets a 70% reduction in time spent on understanding and modeling the subsurface. The partnership with Schlumberger will enable this objective. The DELFI is a cloud-based E&P software that combines SLB's domain expertise with Google Cloud and hosts several applications, such as DrillPlan. DELFI's value propositions are higher data security, quicker computing, and higher collaboration for decision-making. On the surface, all solutions, be it DELFI or Antaeus or Landmark, appear to claim similar differentiators; however, the Woodside partnership puts SLB ahead in commercial success. Given that such platforms are web-based, clients should expect the industry to move from license-based to subscription-based business models.

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Further Reading

OAG Analytics

Company Profile | May 10, 2018

Develops a self‑service machine learning platform to predict production for any well design in North American shale plays Optimizes well location, completion design, and operating decisions through data correlation between subsurface and well data, production data, and financial data ... Not part of subscription

dataVediK

Company Snapshot | December 04, 2018

The company was started by CEO Sunil Garg in 2017; prior to starting the company, Sunil worked in data analytics at Schlumberger for around 20 years, most recently as a big data analytics solutions manager and architect. To date, the company has not announced or disclosed any outside funding. The ... Not part of subscription

DataCloud

Company Snapshot | March 19, 2019

The company was started by Thor Kallestad (CEO), Daniel Palmer (COO), and Matt Larkin (VP, Sales); Thor and Daniel have previously worked at various oil and gas and mining firms, including Schlumberger, and have significant technical expertise but lack prior entrepreneurship experience; DataCloud ... Not part of subscription