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    November 2000

    Repsol YPF Names GeoQuest as Core Software Provider

    GeoQuest, an operating unit of Schlumberger Oilfield Services, announced that Repsol YPF has signed a three-year contract to license GeoQuest's comprehensive suite of geophysical, geologic, mapping, modeling, petrophysical, reservoir engineering, drilling, data management and economic analysis applications worldwide.

    Repsol YPF is the sixth major company this year to globally move to a GeoQuest software solution.

    ``The selection of GeoQuest software solutions by Repsol YPF represents a validation of our effort to continually develop and deliver top-class integrated E&P software solutions that bring value,'' said Roger Goodan, vice president of marketing for GeoQuest. ``We are looking forward to extending our already strong working relationship with Repsol YPF worldwide.''

    More Information available at http://www.repsol-ypf.com

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