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Schlumberger gets BabelFish interface

ISS Group Limited has signed an agreement with the world’s leading oilfield services company, Schlumberger.

The contract is worth approximately A$17 million, phased over several years, and grants Schlumberger exclusive rights to market ISS’s BabelFish -the interface through which companies can aggregate their many disparate real-time systems to provide a single holistic view of their complex processes and operations-

in the upstream oil and gas industry.

Revenue to ISS is likely to exceed this initial figure as ISS will also receive maintenance annuities on the Schlumberger sales, and revenues on sales receipts above initial license pre-purchases.

Schlumberger has a world-class deployment network for digital oil field solutions and service operations that optimise reservoir performance for customers. The agreement will leverage ISS Group’s production integration software, BabelFish, alongside Schlumberger’s current technology for upstream production data management, surveillance, analysis and modelling.

Mr Shane Attwell, Managing Director of ISS Group, said “We are delighted to be a part of this significant agreement. It combines the advanced BabelFish visualisation and operations solution with the Schlumberger global sales force and service capability to deliver a unique value proposition to oil and gas operators wishing to take the next steps to asset management within the digital oil field.”

“The ISS Group technologies complement the Schlumberger Information Solutions (SIS) production operations offering and expand our ability to deliver digital oil field solutions,” said Tony Bowman, President, Schlumberger Information Solutions. “In combination with our Avocet production data management, surveillance, analysis and modelling solutions, the BabelFish web-based visualisation framework will give production engineers and managers immediate access to actionable information – to proactively monitor and make adjustments to operations systems.”

For further contact Frank Zenke, (08) 9386 0800,

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