Knowledge Reservoir Forms Joint Marketing Relationship with BJ Services
ANAHEIM, November 11, 2007 --- Knowledge Reservoir and its parent company, Ziebel AS, have executed a Joint Marketing Agreement with BJ Services Company (BJ) to deliver a complete production optimization solution that meets the complex needs of the global oil and gas industry.
To this relationship Knowledge Reservoir, a geoscience and engineering consulting services firm, contributes understanding of hydrocarbon reservoir dynamics and performance of wells used to produce the oil and gas products. Ziebel AS manufactures monitoring and sensing equipment used to capture data from the surface and subsurface (downhole) which in turn is used by Knowledge Reservoir for studies of the reservoir’s performance. BJ utilizes this data and corresponding studies of the well and reservoir dynamics to more effectively improve producing wells through processes such as hydraulic fracturing and intelligent completions.
With seamless data capture, data modeling, analysis and interpretation, and downhole production optimization services, the team of Knowledge Reservoir, Ziebel and BJ provides a compelling, high impact, efficient solution set for oil and gas producers.
Dr. Ivor R. Ellul, President of Knowledge Reservoir, added “Knowledge Reservoir’s ability to work with industry leaders to solve complex production optimization problems is a direct result of the high caliber expertise the company can bring to bear globally to take advantage of the digitally-enabled oilfield.”
The companies have a non-exclusive arrangement to enhance production and provide reservoir optimization to their oil and gas company clients worldwide.
Knowledge Reservoir, a Ziebel company, is a leading engineering and geoscience consulting services firm based in Houston with global offices serving a worldwide client base.
BJ Services Company (NYSE: BJS; CBOE; PCX) core businesses comprise cementing, stimulation, completion services, downhole tools and coiled tubing services worldwide. BJ also provides tubular services, process and pipeline services, and specialty chemical services in selected geographic markets.
For more information contact:
Dave Rees
Knowledge Reservoir
drees@knowledge-reservoir.com
+1 713.586.5950
Bruce Bricco
BJ Services Company
BBricco@bjservices.com
+1 713.683.3408
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Knowledge Reservoir, a Ziebel company, is a global energy consulting firm headquartered in Houston, Texas. Knowledge Reservoir provides Subsurface Asset Consulting services, Production Solutions, and Knowledge Management Products and Consulting services to companies worldwide.
