Today’s Oil Price and the necessity for Smart Data Management Systems

E&P companies have had to adjust their activities with the fall in global oil prices. As a direct result of this, most if not all, have had their budgets reduced significantly, projects put on hold or even cancelled. Head count reduction is also common practice, and with this reduction, knowledge and experience also leave the company.

It’s not all doom and gloom! There is an opportunity to utilise existing well managed in house data sets and avoid investing revenue in acquiring new seismic and other types of data. This can save E&P companies millions!

Lynx have over 25 years of experience in handling seismic & well data from around the world. Our in-house vectorizing teams in London & Houston can help you exploit the full potential of your paper archives of seismic & well data. We also have experience in reconciling and reconstructing seismic locations from incomplete line intersection and/or coordinate information. We can scan and vectorize hard-copy seismic sections, well logs, shotpoint basemaps, and convert them into industry-standard exchange formats SEG-Y, SEG-P1/UKOOA & LAS. Once in digital format, your seismic data can be conveniently loaded to interpretation workstations for detailed review, interpretation and analysis.

Lynx has also developed the Lynx Resource Portal for effectively managing all data within E&P Companies. This is a web-portal with back-end database management system for efficiently visualising, managing and delivering seismic data images and other petroleum exploration data through a map-based web browser in real time. The model is used by the UK Onshore Geophysical Library, and has been widely hailed as a great success in promoting exploration activity onshore in the UK.

Please contact Lynx for more information regarding our products and services and how we can help you extract the full potential of your data archives!





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