A2D Signs Nigeria Well Log Agreement

Well log data provider A2D Technologies has completed an agreement with the Federal Republic of Nigeria that makes it the sole reseller of data for the country's on and offshore well log holdings. According to the company, the agreement will make the log data accessible over the Internet.

Under terms of the agreement with Nigeria's Department of Petroleum Resources (DPR), A2D will provide services to collect, standardize, and distribute the data. A2D's local partner is TATNET Nigeria.

"A2D's well log database is rapidly expanding beyond its initial U.S. collection to become the global well log data marketplace," commented Rod Starr, Executive Vice President of Global Business Development for A2D Technologies. "As is the case in many hydrocarbon- rich regions of the world, Nigerian well log data is in high demand, yet largely inaccessible from the desktop. Our relationship with the Department of Petroleum Resources will quickly change that model."

" "Greater access to well log data is very much in the interest of Nigeria and a strategic direction for the Department of Petroleum Resources as it improves the basis for successful exploration campaigns," stated A.O. Chukwueke, the country's Director of Petroleum Resources.

Company: A2D Technologies more info
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Company: Department of Public Resources, Nigeria more info
 - A2D Signs Nigeria Well Log Agreement (Mar 13)