IDS, Samit Unveil Centralizing Data System in India

IDS announced the signing of a collaborative arrangement with Samit Enterprises in India. 

The pioneering agreement will take IDS's DataNet2 firmly into the Indian market. Samit has great experience in introducing reporting and analysis services to the upstream industry in India, having previously worked with Landmark's flagship product, Open Wells. The company has decided, however, that IDS's business model provides the best opportunities both for Samit and for those clients across India who are ready to move away from the traditional license-per-seat arrangement and experience the advantages of the unlimited-usage, web-delivery model offered by IDS.

DataNet2, from IDS, is a suite of powerful reporting tools, based around the concept of centralizing data from drilling, geology and completions reports which can be acquired, shared, viewed and delivered across the web or via the client’s network. The system is WITSML compliant and will become a key enabler for India’s intelligent oilfield. 

Douwe Franssens, General Manager of the IDS Group, said, "We believe that DataNet2 will act as a real advance to the Indian Market. For over a decade, IDS has used its expertise to make upstream reporting and analysis simple and cost-effective. We are delighted that DataNet2 will now be available across India, with the level of support that our customers expect." 

Sanjeev Mittal, Managing Director at Samit, said, "The depth of functionality of IDS’s DataNet2, combined with its delivery via the internet, provides tremendous value to its clients in the upstream hydrocarbon industry. We are pleased to be partnering with IDS to bring this service to our clients in India."