Information analytics company Elsevier has formed a new alliance to include content from the Indonesian Petroleum Association (IPA) to its exploration and development information platform Geofacets.

The agreement will lead to the addition of 10,000 new maps and data assets to the platform thereby almost doubling the information volume available to the Indonesian users.

This is expected to minimise exploration risk associated with upstream oil and gas research in the region.

Elsevier Geofacets senior product manager Gilad Hoshen said: “Adding IPA’s maps and data to Geofacets will enable geoscientists to optimise their upstream decisions and predictions, improving the quality of search results by up to 50%.

“This is particularly valuable with the IPA collaboration, because much of its content is petroleum-focused; thereby mitigating risk as early in the exploration process as possible.”

“In order to accomplish our mission, the IPA aims to make it easier for geoscientists to find our content, thereby helping them to make better decisions and reduce their risk.”

Access to a wider range of accurate data is considered critical in order to obtain actionable insights into discovery and evaluation of new extraction sites. New reserves are urgently required in Indonesia because oil and gas demand is rising and production from mature fields is decreasing.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

IPA executive director Marjolijn Wajong said: “Our mission is to be the voice of the upstream oil and gas industry in Indonesia, to benefit government, investors, communities, employees, customers and the environment.

“In order to accomplish our mission, the IPA aims to make it easier for geoscientists to find our content, thereby helping them to make better decisions and reduce their risk.”

To be added next month, the new content brings the total number of maps, figures and tables on Geofacets to more than 1.75 million.