Combining WellDynamics' market-leading SmartWell® intelligent well technology and Landmark's innovative DecisionSpace® for Production real-time model-centric software, the solutions will provide customers with the collaborative decision-making environment needed to:
"WellDynamics gives our users unprecedented control of what happens below the surface. Our joint solutions with Landmark will give them information they need to use our tools and systems to control their wells and to meet their goals, regardless of whether they are focused on net present value, ultimate recovery or short term production," said Derek Mathieson, vice president, Technology and Marketing, WellDynamics.
Doug Meikle, vice president of Landmark and Project Management, said, "This relationship offers a significant new component of the digital asset. Our customers can build models of the entire value chain for an asset, but without the ability to control what happens downhole, this knowledge cannot be fully leveraged. With the combination of the two technologies our users will get not only the knowledge they need, but also the ability to act on it."
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