Synergy between A2D's well log solutions and the MMS' requirements produced a cost-effective option for the MMS to achieve its mandate. A2D employs a business model that achieves exactly what all constituents require from this multi-year contract. While the MMS benefits from significant direct cost reduction, A2D augments its market advantage through valuable additions to its data library, lower data acquisition costs and an expansion of its data management model. These factors will benefit data standards and efficiencies across the industry.
"The MMS contract award for management of the nation's critical offshore well log data assets is a tremendous vote of confidence for the people and technology of A2D," stated Dave Kotowych, President of A2D Technologies. "It demonstrates the value and strength of our well log data management model and supports our continuing vision to be the leading partner for the industry's digital well log data needs."
A2D expects to realize considerable strategic benefits from this contract. Newly released OCS well log data will be more immediately available to A2D, expanding its superior market share of online industry log data sales. Also, by managing the MMS well log data, A2D will enhance the value of its turnkey data management services for existing and new clients.
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