HOUSTON, June 30 (Bernama-BUSINESS WIRE) — Quorum Software (Quorum), a global software leader dedicated to the energy industry, announced today that it has entered into an agreement with Schlumberger to jointly integrate Quorum’s industry-leading Planning Space, a business planning and petroleum economics offering, with the FDPlan field development planning solution, which is enabled by the DELFI cognitive E&P environment. The integrated solution will be offered directly by Schlumberger with Planning Space as its petroleum economics engine.
As part of the agreement, Quorum will also acquire Merak planning, risk, and reserves software from Schlumberger.