Wednesday, September 23, 2015

Landmark and Palantir Solutions form strategic alliance

Landmark and Palantir Solutions form strategic alliance: "Landmark, a Halliburton business line, and Palantir Solutions have formed an alliance to develop a fully integrated economics, planning and decision support framework. The joint solutions will be aimed at helping E&P companies respond more effectively to changes in technical data and market conditions. This responsiveness, in the face of uncertainty, will help enable companies to more effectively manage economic risk and increase the returns on their portfolio of investments. The current market outlook for the oil and gas industry indicates the need for a more efficient decision support system to improve petroleum investment lifecycle management. Connecting Landmark's DecisionSpace software directly to the Palantir PlanningSpace will create end-to-end petro technical and economic workflows. Operators will be able to continuously calibrate surface and subsurface risks with economics to implement planning workflows that are integrated, collaborative and dynamic."

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