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Petrosys Acquires Talus Technologies

23/07/2024

Petrosys, a Carina Software company and division of Vela Software and Canadian public company, Constellation Software, today announced the acquisition of Talus Technologies Inc., provider of leading seismic data management solution, Exploration Archives. 

For over two decades, Calgary-based Talus Technologies has successfully solved complexities involved in handling large amounts of geophysical & geological data and understands the value an effective seismic data management solution offers customers. Deployed widely across North America and Europe, their intuitive software Exploration Archives streamlines the entire geological & geophysical data lifecycle, from acquisition and storage to retrieval and collaboration. Built-in tools empower exploration companies to organize information, work with partners, and offer multi-client services – all with secure online and offline storage and robust search for reliable data access.

Paul Thompson, General Manager of Talus Technologies, stated:
"I am thrilled to have the opportunity to lead Talus into its next chapter, with thanks to David Morrison and Carina for the support. We have a great team at Talus and we’re incredibly proud of the software and community we have built.  Looking ahead, we are excited to collaborate with our new colleagues at Petrosys and Carina, to further grow and develop the company and software, ultimately benefiting our valued customers."

Suri Bhat, Petrosys CEO, stated:
"We are delighted to welcome the Talus team to Petrosys and our broader Carina family of companies. Their best-in-class Exploration Archives software for seismic data management complements the Petrosys growing suite of data management solutions which includes, Interica OneView, dbMap, and Exchange. This powerful portfolio will allow us to deliver a comprehensive subsurface data management toolkit that streamlines workflows and empowers our customers with the insights they need to make confident and timely decisions."

KeyFacts Energy Industry Directory: Petrosys   l   KeyFacts Energy: Acquisitions & Mergers news

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