Emerson has formed a strategic alliance with Repsol to provide advanced subsurface geophysical technologies to help expedite production.
The collaboration aims to significantly lower the time taken to prospect and produce first oil using the latest high-end visualisation, high-performance computing and Cloud delivery.
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As part of the partnership, Emerson and Repsol will work together to implement and deploy advanced subsurface imaging technologies.
Repsol will develop these core technologies as part of its ten-year innovation project known as Kaleidoscope.
The technologies will be used by a broad range of the geoscience community within Repsol.
They will also be made available to other oil and gas companies under licence.
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By GlobalDataEmerson Automation Solutions executive president Lal Karsanbhai said: “Emerson is helping the energy industry implement the latest digital technologies to realise significant performance improvements.
“We’re proud of our collaboration, to help Repsol bring this subsurface reservoir imaging innovation to the geoscience community. It is a great example of how technology and collaboration can deliver business value for the oil and gas industry.”
Under the strategic alliance, the partners will jointly invest in research and development.
Repsol exploration and production executive managing director Tomás García Blanco said: “The strategic partnership between Emerson and Repsol will enable the oil and gas industry to benefit from the deployment of our proprietary core technologies related to the enhancement of seismic processing and interpretation.
“Our collaboration will build technology bridges between the domains of seismic imaging and interpretation, bringing high-end technology awareness and access to a broader geoscientist community.”
During the first phase, the companies will produce advanced solutions for velocity determination, including full waveform inversion and advanced solutions for seismic imaging to be developed in the Repsol Technology Lab.
The collaboration is expected to be subsequently extended to a broader range of Repsol subsurface technologies.
Last month, Indonesia’s oil and gas regulatory authority SKK Migas confirmed the discovery of natural gas at the Repsol-operated Sakakemang PSC onshore Sumatra.
Targeting a fractured Pre-Tertiary basement play, Repsol began drilling the Kali Berau Dalam-2 well last August.
