TGS’ Geological Products division has purchased all the outstanding shares of Digital Petrodata, a Denver-based GIS technology company, according to a Oct. 23 news release.
Digital Petrodata has built a nationwide GIS multiclient database containing every producing oil and gas field, pool and formation in the United States, the release said. Digital Petrodata also recently introduced GEONEWS, a geospatially located and tagged database of current oil and gas news. Both products are available to customers through the Digital Petrodata web portal and are updated frequently.
“Our well data combined with their field, pool, and formation level data will allow our customers to seamlessly explore from an individual producing zone up to a true regional level,” John Adamick, senior vice president of Geologic Products, said in the news release. “For example, a customer can begin by comparing production trends from formations such as the Eagle Ford or Bakken, narrow their search to certain key fields of interest in one area or the other, and then pull down the actual logs and production data from individual wells in the field.”
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