Houston, TEXAS — GeoNet services.com inc, the leading Application Service Provider (ASP) serving the worldwide oil and gas industry, announces the signing of an ASP contract with Techdrill International Limited, a leading oil and gas software developer.
Techdrill, which operates from London, Houston and Paris, developed and manufactures a premiere line of software for drilling engineering and reporting. Its line of products includes state-of-the-art applications such as Octopus (field development planner & rig location optimizer), DSP-One (complete drilling engineering software platform) and DDR-One (daily operations reporting). In addition, Techdrill provides expert support to clients in all areas of drilling operations, such as well and casing/tubing design and technical auditing. Techdrill licenses, supports and services more than 40 oil and gas companies in over 45 countries. By becoming an Independent Software Vendor (ISV) with GeoNet, Techdrill can offer its software online, either over the Internet or on Virtual Private Networks (VPNs).
“The support of a company of Techdrill’s calibre underscores the confidence of software vendors in operating online through GeoNet,” said Pat Herbert, GeoNet’s chairman and chief executive officer. “To date, GeoNet is working with over 50 software vendors. We are loading the software rapidly and are extremely pleased with customer response since GeoNet went live online in July, 2000.”
Commented Miguel Ribeiro Daget, Techdrill’s vice president of marketing & sales: “We firmly believe that ASPs are the wave of the future in the oil and gas industry and are pleased to do business with a cutting-edge company such as GeoNet. Offering our software on GeoNet provides Techdrill the advantage of speed and access to market, while providing GeoNet’s customers rapid access to world class software and needed data management and computer power to support it.”
Application Service Providers (ASPs) deliver and manage applications and computer services from remote data centers to multiple users via the Internet or a private network. Obtaining these applications from an outside supplier is a cost-effective solution to the demands of system ownership. Through the strategic leverage of networked technologies (software and computing hardware), in addition to data management solutions, GeoNet significantly reduces much of the initial cost related to the traditional application delivery model since hardware and software is provided on an as-needed basis.
GeoNet services.com inc ( http://www.geonetservices.com ) is the only neutral, independent ASP in the energy industry that provides a broad spectrum of on-demand software applications, remote computing and data management services, as well as a large and growing knowledge data base, accessible over the Internet or by virtual private networks.
Techdrill is a leading supplier of fully integrated Well Engineering and Reporting Software providing professionals with the most drilling minded, user friendly and cost effective solutions ever developed. For more information please visit Techdrill’s Web site: http://www.techdrill.com .