1Client develops scope of work for whole core, core plug, sidewall core, and/or cuttings analysis.
2Premier determines whether scope qualifies for Shared Cost Program based on potential value to the DataStak™ library.
3Eligible clients receive a proposal at a significantly reduced price point.
4Client and Premier negotiate final scope of work and any applicable exclusivity period
5Client obtains significantly more data – and greater return on its investment
6Data become part of the DataStak™ library
how it works
1Premier identifies an area where several operating companies are tackling similar challenges
2Founder Member companies sponsor a shared workspace project and form an organizing committee to prioritize the scope of work
3Member companies contribute data of all types and formats into the shared workspace, including seismic, logs, core, cuttings, and drilling, completion and stimulation data
4Premier executes the work - typically a seismic-to-simulation workflow – to address various field development challenges
5Clients receive superior, high-resolution models and simulations for field development decision making
6Member companies develop trust, proposing and co-funding additional data-gathering and analysis. Additional companies may be invited to join.