Knowledge Reservoir Restructures Business

February 10, 2010 at 9:40 pm Leave a comment

Knowledge Reservoir announced a realignment and strengthening of its business structure and service offering to enable the company to pursue several key market initiatives more aggressively by dividing its business lines into a series of consulting practices.

The Reservoir Management business has been refocused into four practices, each led by an experienced Practice Director:

1)      Deepwater;

2)      Improved Recovery and Field Redevelopment;

3)      Unconventional Resources; and

4)      Reserves and Mergers / Acquisitions.

Knowledge Reservoir has extensive reservoir modeling and reserves experience on individual field projects and basin-wide studies in deepwater, including the Gulf of Mexico, Brazil and West Africa. The company has a long list of clients representing a broad range of experience in offshore and onshore basins worldwide, and has been involved in various stages and work scopes on many IOR and CO2 projects around the world.

Knowledge Reservoir continues to grow its Surface Systems business along two practices:

1) Flow Assurance; and

2) Pipeline Systems Engineering.

The Knowledge Management business stream will be developed in three areas:

1)      The ReservoirKB deepwater knowledge base;

2)      Knowledge Base Products; and

3)      Knowledge Management Consulting, including Data Management Solutions, an area in which the company is seeing considerable growth opportunities.

Dr. Ivor Ellul, President and CEO of Knowledge Reservoir, commented: “Knowledge Reservoir is excited about the new opportunities that we believe will be opening up for us in 2010 and beyond, and we have a clear objective to capitalize on these as they present themselves in each practice area around the world.”

http://knowledge-reservoir.com

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Entry filed under: Data & Knowledge Management, Production & Reservoir Engineering. Tags: , .

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