A2D Signs Well Log Data Agreement with Chesapeake Energy

Technologies, a TGS-NOPEC Company, has secured a comprehensive well log data agreement with Chesapeake Energy Corporation.

Terms of the five year agreement include a subscription for unlimited access to A2D's industry-standard depth-calibrated smartRASTER® well log database. Additionally, Chesapeake will partner with A2D to further expand the A2D commercial digital LAS log library.

"Our extended agreement with A2D is an important part of Chesapeake's digital data strategy to increase exploration success," commented Mark Lester, Senior Vice President of Exploration for Chesapeake. "Having unlimited, readily-available access to well log data for our geoscientists is essential to staying competitive in today's market."

"This agreement expands a long-standing and positive relationship between our two companies," stated Rod Starr, Executive Vice President Sales & Marketing for A2D. "Chesapeake joins a steadily growing list of leading energy companies who take full advantage of online access to A2D's complete well log database in the U.S."