geoLOGIC has acquired SubsurfaceIO, enhancing its data analytics capabilities in the U.S. oil and gas sector through innovative cloud-based technology.

Target Information

geoLOGIC has successfully completed the acquisition of SubsurfaceIO (SSIO), a prominent provider of cloud-based mapping and analytics solutions tailored for the oil and gas industry. Based in Houston, Texas, SubsurfaceIO specializes in connecting and integrating both public and proprietary data, thereby streamlining data access and workflows across various disciplines and teams. Their innovative platform offers a modern and user-friendly experience, significantly reducing the need for repetitive data handling and cleaning processes.

SSIO is celebrated for being an early adopter of the Open Group's Open Subsurface Data Universe™ (OSDU) standards, thereby providing crucial support for the establishment of cross-industry data interoperability. The company's expertise in navigating U.S. oil and gas public and proprietary data, along with its advanced application of emerging digital technologies in geology, positions it as a vital player in optimizing subsurface data usage.

Industry Overview in the United States

The oil and gas industry in the United States is among the largest and most advanced globally, characterized by a complex ecosystem of operators, regulators, and service providers. Recent years have seen significant shifts toward digital transform