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Elsevier and the Bureau of Economic Geology Partnership

By [email protected] - 29th June 2017 - 10:32

Elsevier and the Bureau of Economic Geology Collaborate To Help Oil and Gas Companies Uncover New Insights in Texas and the Gulf Coast ~~ Geofacets strengthens oil and gas companies’ ability to analyze and prioritize opportunities in the Permian Basin, Gulf Coast Basin and other plays in and around resource-rich Texas

New York, June 2X, 2017 – Elsevier, the information analytics company specializing in science and health, today announced that content from the Bureau of Economic Geology is now available in Geofacets, Elsevier’s information solution for exploration and development. The Bureau’s content in Geofacets will help both conventional and unconventional oil and gas companies uncover insights potentially leading to the discovery of economically viable hydrocarbons in Texas, particularly in the Permian and Gulf Coast Basins and other tight oil and shale gas plays in Texas. The Bureau’s data has been enriched, enhanced and digitized in Geofacets, making its maps, figures and table data easily discoverable and ready to be used in exploration and development workflows. More than 5,500 maps (4,000 georeferenced), 1,700 figures and 200 tables will be added to Geofacets from Bureau content between now and July 27.

“This partnership with Elsevier allows us to more widely share our high quality research with the geoscience community,” said Scott W. Tinker, Director and State Geologist at the Bureau of Economic Geology. “By collaborating with Elsevier and Geofacets, we are able to make our research more useful and accessible.”

The maps, figures and tables are sourced from Geological Circulars, Reports of Investigations, and Atlases of Major Oil and Gas Reservoirs. This integration will add to Geofacets’ existing content portfolio, which consists of more than 1.5 million maps, figures and tables from nearly 100 publications. The additional content is focused around natural resource exploration, including borehole/core location, play (fairway), well location (oil/gas), structural geology and tectonics, sedimentology and stratigraphy data. The additional maps, figures and tables from the Bureau of Economic Geology will support geoscientists in making confident decisions on the investment potential of new exploration opportunities.

“Offering Geofacets users access to the Bureau of Economic Geology’s content is part of Elsevier’s wider objective of continual product innovation in order to provide unrivalled, comprehensive insight to professionals,” said Gilad Hoshen, Senior Product Manager for Elsevier. “This new addition can help give companies an advantage in the competitive, high-risk world of natural resource exploration in the ‘hot’ areas of the Permian and Gulf Coast Basins. This will aid geoscientists in controlling risk while enhancing research productivity, enabling them to make more informed determinations on areas where it is best to conduct drilling activity.”

Geofacets is a geoscience solution that enables comprehensive, in-depth research of surface and subsurface geology, regardless of the individual specialties or information needs of geoscientists. Geofacets allows geoscientists to spend more time analyzing and acting on information, instead of searching for it, helping companies of all sizes to prioritize opportunities, optimize resources, and manage risk. Visual search lets oil and gas companies assess locations at a glance.

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