Houston, TX, October 13, 2016 – Bluware Inc., Hue AS and Headwave Inc. will soon join forces to form the most capable and innovative organization in the field of geoscience and engineering software. The new company will boast more than 100 technology professionals spread across offices in Houston, Oslo, Paris and Vietnam.

“Now is the time to move forward,” said Rick Jones, Bluware CEO. “We see major computing innovations in the form of Multicore Processing, GPUs, Cloud, IIoT, Analytics and Machine Learning. These new capabilities will drive the 3rd Wave of E&P software—bringing new solutions to current problems and empowering industry leaders to tackle a completely new range of challenges.”

“Over the years the Industry has extracted great value from Nvidia technologies, but the GPU revolution has just begun. The full value of the GPU requires truly modern software architecture to enable interactive and intuitive workflows for rapid and more accurate decision making. We are delighted to see some of our best partners joining forces to extract and deliver more business value from our leading-edge technology investment,” said Paul Holzhauer, Director of Oil & Gas Segment for Nvidia.

About BLUWARE

Bluware is a software consulting firm focused exclusively on the upstream oil and gas industry. Founded in 1987, we have worked with the world’s leading operators to create software solutions that maximize the contribution of geoscience disciplines to the business of finding and producing oil. While many other consulting companies center their efforts on business operations, Bluware works with the people who drive the science behind the drilling. We are passionate about finding new ways to use computing technology in pursuit of a better well plan. Our software engineers understand the complex technical concepts involved in subsurface applications and data. Most importantly, we continuously strive to extend the impact of geoscience throughout the well lifecycle. For more information, visit http://www.bluware.com.

About Hue AS

Hue develops unique and tailored software and services to solve the most complex visualization and compute challenges for oil and gas E&P. Hue has developed HueSpace, the only software development toolkit created exclusively for E&P that combines exceptional data management, advanced compute capabilities, and state-of-the-art visualization into a single, easy-to-use toolkit, unified by a Core Engine. By working with Hue, oil companies can develop both in-house and commercial solutions that go far beyond what the market and users currently expect. For more information, visit http://www.hue.no.

About Headwave, Inc.

Headwave, Inc. is a US / Norwegian company, which aims to augment and ultimately replace the two preceding generations of geoscience software with the third wave geoscience software. The company is headquartered in Houston, TX with offices in Norway and Vietnam. The company recently introduced Headwave 3, the first Third Wave geoscience software product and Foundation for geoscience research, along with products for handling and interactive analysis of unlimited wide-azimuth datasets; stratigraphic and quantitative interpretation; pre- and post-stack interpretation and analysis; and velocity model building for domain conversion. The software is available on Windows or Linux, and takes full advantage of all compute resources (CPUs and GPUs). The Foundation provides fully documented APIs for geoscience and workflow R&D. For more information, visit http://www.headwave.com.

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I usually don’t comment on technologies or companies related to my profession on this blog, but in this case I feel that the innovation that the merger/collaboration of these three companies brings to the table is worth commenting on. Just watch the four minute video below and realize that this type of data and performance can be accessed from the cloud. “[the] user only needs a browser … from anything … from an iPad, from a PC, from a Mac, wherever they are in the world.”

From 2017 Rice Oil & Gas HPC Conference (March 15-16)

This could well be a paradigm shift in oil & gas exploration.