Emerson Electric Co.

07/07/2020 | Press release | Distributed by Public on 07/06/2020 23:03

Jaguar E&P Selects Emerson to Enhance Onshore Exploration and Production Program

Emerson's Workflows for Interpreters employ a workflow-driven user interface while offering best-in-class technologies in the same integrated platform where day-to-day interpretation is performed. High Resolution Image

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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About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.