SES adjust 3D TSD Geosteering Software
SES adjust 3D TSD Geosteering Software
Good software just runs and tasks get done — it could last for generations.
Not too long ago SES geosteering software use garnered about half of U.S.A. land rigs drilling horizontally. Simultaneous performance records were 121 client companies of all sizes and 494 funded licenses; with users often servicing multiple rigs/license. More than 265 client companies would become reached. Competition, game-changing features/platforms/re-writes that arrived too late, and inadequate marketing chipped away at dominance. In the end, while software leadership can change as markets will do, SES 3D steering technologies fundamentally supersede 2D-projection approaches — a logical fact with no expiry and no workaround besides copy.
rights to independently use/control/copy/adapt intellectual property in a lawful manner
compliant mdb/accdb source files (tables, queries, forms, reports, modules, and ~180,000 lines of code)
developer direct access to complex unique petroleum & software engineering content and "tricks-of-the-trade"
32-bit/64-bit setup installer source files & scripts
public confidentiality, if desired
domains, servers, and proprietary databases/data/systems
potential third-party software licensing needs (e.g., Gigasoft, Chilkat)
a Buyer could purchase the I.P.R. and instruct Stoner to convert SES to an open source project — freeware installers, published source files, and ~180k lines of VBA code released in plain text for search bots, "A.I." and the public domain — for general lawful business use, copy, and/or adaptation; or
a Buyer could purchase the I.P.R. for its exclusive use and control.
Buyer "Type 1" (OPEN SOURCE FREEWARE). A consortium or group of O&G operators and/or interested parties could request Stoner to transform SES to open source. Direct immediate private SES use as primary or backup/special-case geosteering software would become trivially possible. Entities seeking to re-develop proprietary geosteering software ecosystems could potentially/massively accelerate dev time by accessing 100% total working app code at developer level to "copy" and "translate" what to them matters. Non-SES-using industry could benefit because ultrahigh-caliber freeware and O&G open source help to curb costs and lower barriers-to-entry for next-gen software innovations. Stoner would forfeit future SES-related revenues except from Optional Donations for hosting & distribution, non-binding support, complimentary ses.report use, and software development rollouts by Stoner and/or community/industry involvement.
Buyer "Type 2" (EXCLUSIVE). This buyer wants exclusive control-of and access-to SES I.P.R. for technology transfer and future licensing revenues.
1.) What's a motivation behind the Buyer Type 1 offering? An SES open source freeware project would enable Stoner and industry with an incremental win-win "Exit" alongside earned legacy and long-lasting benefits for most. Before SES, geosteering consulting services and software were closely held. SES use/training/videos disrupted the market by actively spreading brand new craft to geologist masses. Open source funding could trigger good disruption to "creep-in yet again" by — directly & indirectly, immediately & over time — permanently privatizing some geosteering software use.
2.) What are the Asks? With speculation towards acquisition details, $3.95M for Buyer Type 1 (OPEN SOURCE FREEWARE), or $5.95M for Buyer Type 2 (EXCLUSIVE).
3.) As one of 10,000+ O&G Companies, why should we write a check to fund SES Open Source Freeware? Coding SES was a massive undertaking and spanned ~two decades. It contains lots of general and O&G-specific parts. Complex entire-app working code examples eventually fuel countless solutions to tasks that benefit operators in perpetuity. SES still reigns at handling technical geosteering for "3D" wellpaths, such as landings with azimuthal turn or HAHZ hole sections with major turn—a shining example being a U-turn lateral. Freeware could easily be applied independently or in tandem, whenever it makes sense. Industry net future geosteering software costs could very likely go down.
4.) What open source projects took very complex software costs to zero for some? In 2021, we moved our entire internet presence and related means of communication — web|email|ftp|etc. — to Linux open source and then fired all prior service providers saving thousands per year ever since. While storage/bandwidth expense is unavoidable, *software* costs were/are zero. Meaningful open source projects often require a kick-start. With geosteering software being such a niche market, capital over sweat is justified to grease the skids and move a massive code amount into the open for future communal involvement.
5.) May we submit a NON-BINDING PLEDGE of SUPPORT to join other Member "Type 1" (OPEN SOURCE FREEWARE) Buyers? Sure. Please call or use our contact form with a bona fide O&G business email address domain.
6.) Would Stoner consider serving on a board and/or consulting to assist with SES technology transfer? Yes.
7.) Could Microsoft Access tables be migrated to Azure SQL or SQL Server tables, allowing for improved performance, scalability, and support for more concurrent users running a rich desktop Access app like SES? Yes, in theory, but it's more difficult to simultaneously support both types of backend especially as an external vendor. Open source plus community/industry participation could produce amazing cost-effective outcomes as has similarly been done in other industries.
8.) What will change with SES Licensing after an SES I.P.R. Acquisition? It depends on Buyer Type, but rest assured change if any will honor existing agreements and more.
9.) May we see "examples" that convey a sense of scope to SES as written in Microsoft VBA, as well as a sample of Stoner's general coding style? Yes. Click here to see the SES "v5" Microsoft Access relational database structure. Click here to see an "export listing" of 159 Microsoft Access module, form, and report object names and the number of LINES OF CODE behind each that altogether define SES. Click here to see the "Form_Load()" event of the "money screen" known as ParamTuner, to see a coding style snippet sample.
SES Release Notes - see what came after you changed geosteering software
PLEDGE NON-BINDING SUPPORT to join SES Member "Type 1" (OPEN SOURCE FREEWARE) Buyers
