In 2008 Schlumberger acquired IES Integrated Exploration Systems, now Aachen Technology Center AaTC. IES was founded in 1982 by Prof. Dietrich Welte as a service company for the oil and gas exploration industry to utilize a newly emerging technology called 'Basin Modeling' that could improve predictions of when and where oil and gas were generated in the subsurface.
 The Schlumberger Center of Excellence for Petroleum Systems Modeling in Aachen, Germany
With the emphasis on petroleum migration modeling, the technology is now commonly described as 'Petroleum Systems Modeling'. Today, PetroMod is the worldwide market leader in multi-dimensional Petroleum Systems Modeling technology, and has a more than 70% market share of the full 3D technology market.
PetroMod reached this position primarily through the synergetic mixture of highly qualified geologists and development staff, the intensive exchange of feedback and ideas with the customers and the ability to integrate the customers’ needs within short periods of time. PetroMod’s key to success in product development are the quality and experience of its development staff, as well as an organization that supports rapid and efficient software development. We strive to offer the most up-to-date and reliable software for the quick evaluation of risks and uncertainties and integrate the newest research in close cooperation with leading educational institutions. Besides the software packages, we offer extended customer support with very short turnaround times, on- and off-site training and full support of the customers’ projects and models.
This has enabled PetroMod to become the leading technology in its market segment.
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