Calgary, Alberta - July 2024: Petrosys, a Carina Software company and division of Vela Software and Canadian public company Constellation Software, Inc. [TSX: CSU], is pleased to announce the acquisition of Talus Technologies Inc., provider of leading seismic data management solution, Exploration Archives.
For over two decades, Calgary-based Talus Technologies have successfully solved complexities involved in handling large amounts of geophysical & geological data and understand 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.’
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About Petrosys: Petrosys delivers software that provides exceptional value across geoscience and data management solutions, tailored for subsurface exploration, appraisal and development. With a rich legacy of innovation and a deep understanding of the oil and gas subsurface domain, we empower clients with smooth integration capabilities, enabling them to navigate the complexities of modern Energy Landscapes with confidence and efficiency. Headquartered in Adelaide, Australia, Petrosys has offices around the globe serving over 300 customer sites.
About Talus: Talus Technologies, headquartered in Calgary, Canada is a software development company with a team of highly skilled developers, expert data managers, and technical professionals. We developed Exploration Archives for exploration and production (E&P) companies to have a robust and simple method for managing seismic data.
About Carina: Carina is a global provider of software solutions for the energy and oil & gas industries. As a division of Vela Software, Carina acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions. Carina companies invest in becoming leaders in their industries and to better serve their customers. We help companies improve their operations, grow through organic initiatives, and seek acquisitions that can strengthen their market position.