TARGET is an international technology and services company focused on delivering digital transformation solutions to data-driven industries. The company work with a broad range of clients from policy makers, regulators, service providers and operators, to financial institutions and investors across a variety of industrial sectors. Whilst TARGET’s core business has its origins in the upstream oil and gas sector, their technology solutions are scalable, expandable and portable across other extractive industries.
With a total staff of over 600 subsurface, wells, surface, environmental and technical safety professionals, and with access to a large pool of associates across the world, TARGET can deploy local resources to tackle complex information management challenges and field development assignments, globally.
Through its 2014 acquisition of FUSE IM – a UK-based technology development company focused on bringing ground-breaking online information management solutions to market – the company invested in the development of a pioneering, cloud-based, data management and workflow platform to deliver new, fully web-enabled solutions to clients.
TARGET's expanding business revolves around enabling Digital Transformation (DX) to drive growth and value creation in their clients’ businesses. The MEERA DX Platform is based on open cloud computing technologies, and is the foundation for TARGET’s ‘Digital Energy Cloud’ which offers clients access to data, people, tools and workflows to support their business processes.
Through the platform, TARGET is able to work with stakeholders including governments and regulators on a collaborative, long-term basis, providing online access to the technical skills, capabilities, tools, workflows and technologies they need to continue supporting their business processes and drive performance improvement in the digital era.
TARGET’s oil and gas professional services address the full upstream asset life-cycle, from acreage licencing to end-of-field-life. Services include reservoir characterisation, basin analysis, borehole imaging, seismic data processing and interpretation, reservoir rock typing, fracture modelling, core interpretation, reservoir engineering, production optimisation, conceptual engineering and petroleum economics amongst others. The company's comprehensive asset management services can be employed for full or part operation of an asset.