07/07/2020 | Press release | Distributed by Public on 07/06/2020 23:03
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Mexico-based operator will use Emerson's E&P software and services to safeguard its investment by reducing uncertainty in exploration and development
HOUSTON (July 7, 2020) - Emerson announced today that Jaguar Exploración y Producción (Jaguar), an independent oil and gas company based in Mexico City, will use its exploration and production (E&P) software and services to maximize the potential of Jaguar's onshore assets and projects. Jaguar plans to utilize Emerson's E&P software solutions for seismic and well data analysis, multi-survey seismic and geologic interpretation, petrophysical analysis and subsurface modeling to improve performance, enhance operational certainty and support effective asset management.
'Emerson is a leader in the space and a good long-term partner who will help Jaguar transform Mexico's energy future,' said Victor Vega, executive vice president at Jaguar.
Having been awarded 11 of the 24 blocks offered, Jaguar was the biggest winner of the six and seventh auctions held since the Mexican government opened the country's energy industry to private competition in 2013.
Jaguar will use Emerson's E&P software to help safeguard its investment in Mexico by reducing uncertainty in its exploration projects and development fields. Jaguar has also chosen Emerson to provide hosting services so that its E&P team can have remote access to all Emerson applications from multiple geographic locations via internet.
'We have had a long and rewarding working relationship with Jaguar,' said Kurt Machnizh, Mexico country manager, E&P software solutions, Emerson. 'We are pleased and proud to receive this endorsement as a testimony to the value of our software, the comprehensiveness of our geoscience services, and the flexibility of our hosted environment.'
For more information, visit www.emerson.com/epsoftware.
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