Landmark and Burlington Enter Technology Agreement

Landmark Graphics Corp. has signed a multiyear technology agreement with Burlington Resources. The agreement with Landmark will focus on improving the petrotechnical computing capability of Burlington Resources' staff and will result in improved technical data analysis and interdisciplinary integration of Burlington's E&P business.

In response to an earlier effort undertaken by Burlington to gauge the technical and operational capabilities of the company, this agreement will provide Burlington with increased access to Landmark's leading-edge software solutions and consulting services.

"We are excited about working closely with Burlington and believe that our two organizations will ensure that knowledge sharing and technology transfer becomes a consistent process across Burlington Resources," said John Gibson, president and CEO of Landmark. "This agreement will allow Burlington Resources to adopt technology at a faster pace while maintaining its leading-edge philosophy." "Growth through the drill bit requires technical and operational excellence as a foundation," said John Williams, Burlington Resources' senior vice president, Exploration. "Our technology agreement with Landmark will provide BR with access to a fully integrated, state-of-the-art software suite that will enable our technical staff to analyze opportunities quickly and efficiently. Standardization of the platform and approach will facilitate technology transfer between our operating divisions worldwide."

A global technology steering team consisting of Burlington's chiefs of geology, geophysics engineering and Information Services and Technology and Landmark representatives are responsible for setting enterprise-wide standards and helping to lead the change process for Burlington.