New alliance offers complete risk analysis

Schlumberger Information Solutions (SIS) has formed a business alliance with Rose and Associates, experts in prospect and play risk analysis.

The alliance will tie SIS' Merak value and risk management tools with Rose and Associates risk estimation methodology to help oil and gas clients make optimum exploration decisions.

The venture partners are planning a series of co-sponsored training forums around the world later this year to demonstrate how to best take advantage of the new work-flow resulting from the alliance.

Development is also underway of a seamless link between the SIS economic software and the exploration risk analysis software offered by Rose and Associates, which will be available in late 2003.