Schlumberger Acquires Exclusive Distribution Rights To MetaCarta For Oil & Gas Sector

Schlumberger recently announced the acquisition of exclusive distribution rights to the oil and gas sector for the MetaCarta map-based geographic information search technologies, from MetaCarta, Inc.

"MetaCarta is the perfect compliment to expand the Schlumberger industry leadership in information management. With the increasing amount of information held in unstructured form, such as documents, presentations and web content, MetaCarta's geographically-specific access to unstructured content brings new power to petrotechnical professionals," said Olivier Le Peuch, president, Schlumberger Information Solutions (SIS). "In combination with our geoscience and engineering information management solutions, now petrotechnical professionals will be able to rapidly incorporate all available information that is relevant to their prospect or field."

MetaCarta search technology combines map-driven geographic search, geographic referencing, temporal filtering and data visualization capabilities, for both structured and unstructured content, making that content "location-aware". This enables geoscientists and engineers to rapidly find and display relevant data in the context of their area of interest.

"The Schlumberger global sales and support organization will accelerate the expansion of MetaCarta solutions in the oil and gas industry," said Ron Matros, president and chief executive officer, MetaCarta. "We look forward to bringing geographically relevant data search capabilities to a broader set of customers across the globe."

Schlumberger will acquire all existing contracts for MetaCarta in the oil and gas sector, resulting in a single source for sales and support of this technology in the industry.

About Schlumberger
Schlumberger is the world's leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. The company employs more than 76,000 people of over 140 nationalities working in approximately 80 countries. Schlumberger supplies a wide range of products and services from seismic acquisition and processing; formation evaluation; well testing and directional drilling to well cementing and stimulation; artificial lift and well completions; and consulting, software and information management. In 2006, Schlumberger operating revenue was $19.23 billion. For more information, visit www.SLB.com.

About MetaCarta
MetaCarta, Inc., is the leading provider of geographic search and referencing solutions. MetaCarta products make data and unstructured content "location-aware" making that information geographically relevant. Using a map interface, these innovative solutions make it possible for customers to discover, visualize, and act on important location-based information. Founded by a team of MIT researchers in 2001, MetaCarta is privately held, with US headquarters in Cambridge, Massachusetts and offices in Vienna, Virginia and Houston, Texas and resellers worldwide. For more information, please visit www.metacarta.com , MetaCarta Resource Center.

SOURCE: Schlumberger