AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

petroWEB, Providing Global Data Cataloging and Solutions to Energy Industry, Now Offers Information on Almost Seven Million Oil Wells Worldwide

May 9, 2019

DENVER--(BUSINESS WIRE)--May 9, 2019--petroWEB, a leading provider of global data cataloging and data solutions to the energy industry, today announced the release of its Global Well Library (GWL), which catalogs information on nearly seven million oil wells worldwide.

The new GWL has been compiled from an array of data sources, including commercial vendors, state oil companies’ ministries and government agencies, representing more than 60 countries. GWL allows subscribers to query the catalog using sophisticated GIS (geographic information searches) as well as text-based searches. Among the data types that GWL identifies for each well are logs, reports, core analyses, test results, geochemistry, stratigraphy and rock physics.

“GWL includes contact details so inquiries regarding pricing, licensing terms and conditions can be conducted directly with the source,” said Steve Allen, director – sales and business development at petroWEB .

“E&P companies can rely on GWL for 24/7 access to one of the industry’s most efficient, up-to-date and comprehensive catalogs of oil wells around the globe,” Allen said. “GWL data is compiled from an impressive array of sources and it’s only getting better for our subscribers. The next release of GWL will include details of regional reports and studies as well.”

GWL is a companion product to petroWEB’s original catalog, Global Seismic Library (GSL), which provides navigation data and acquisition details of 2D and 3D surveys and gravity/magnetic data from more than 30 multi-client vendors. GSL has recently expanded to include seismic coverage available from NOCs, governments, ministries or in the public domain. GSL offers a composite from 46 vendors and government agencies, covering more than 110 countries, with over 812,000 2D lines, 17,500 3D surveys and 45,000 gravity and magnetic surveys.

Both GWL and GSL from petroWEB focus on providing efficiencies in data acquisition to the energy industry, reducing the time and effort required to find and develop exploration opportunities. Corporate users of GSL can also download the data to integrate into their own internal systems to compare with existing commercial or proprietary data coverage.

About petroWEB

petroWEB is a global data cataloging and data solutions provider to the energy industry. For more than 15 years, E&P companies have relied on petroWEB’s data catalogs to maximize efficiencies around data identification and data acquisition. petroWEB’s data solutions provide companies with instant access to updated global data coverage and the most relevant and highest quality well and seismic data available. Leveraging the power of data analytics from petroWEB, clients eliminate the need to spend hours searching and comparing data offerings from multiple sources.

For additional information, visit www.petroweb.com or contact Steve Allen, director - sales and business development at steve.allen@petroweb.com or sales@petroweb.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190509005021/en/

CONTACT: Steve Allen

steve.allen@petroweb.com

or

sales@petroweb.com

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: ENERGY OIL/GAS OTHER ENERGY TECHNOLOGY DATA MANAGEMENT NATURAL RESOURCES MINING/MINERALS OTHER NATURAL RESOURCES

SOURCE: petroWEB

Copyright Business Wire 2019.

PUB: 05/09/2019 07:00 AM/DISC: 05/09/2019 07:01 AM

http://www.businesswire.com/news/home/20190509005021/en