Halliburton
has acquired Geo-Logic Systems LLC. Founded in 1983, Geo-Logic Systems is a
leading provider of advanced structural interpretation, analysis and
restoration software for complex geologic environments.
Geo-Logic
Systems’ software validates complex geologic interpretations by determining
their physical possibility using its structural restoration and balancing
capabilities. The software assists in analyzing and modeling fault seal
characteristics, burial histories, and determining hydrocarbon migration
pathways and accumulation zones, thereby enabling Halliburton’s customers to
construct more accurate geologic models.
“The industry faces
increasingly difficult exploration and drilling scenarios,” says Paul Koeller,
Halliburton’s vice president of software and asset solutions. “The integration
of Geo-Logic Systems offers geoscientists advanced modeling solutions to
address the technical challenges of exploring in complex petroleum regimes,
such as overthrust belts and the pre-, syn- (including sub-salt) and post-rift
portions of extensional basins. In these complicated, poorly imaged plays risk
reduction is of paramount importance.”
Halliburton Acquires Geo-Logic Systems
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