NAPE Summit is the world’s largest upstream oil and gas networking event that brings together thousands of attendees and hundreds of exhibitors to conduct land deals, hear from industry experts, and view the latest technologies in the industry.
With the persistent market downturn, E&P companies are looking for new ways to adapt and become profitable at sub $50 a barrel. The primary adjustment producers are making is to increase technology investments to optimize operations and reduce costs. These investments are specifically aimed at improving the efficiency of well production and reducing the cost to produce. New advancements to Quorum software enable producers to not only obtain this goal of sub $50 profitability but do it with ease.
Achieve profitability by integrating the enterprise:
During NAPE Quorum launched myQuorum Field Operations, the industry’s first software that allows E&P companies to capture and manage production and field data from the well-head to the balance sheet. This single solution integrates best-of-breed electronic field data capture, production management, real-time SCADA monitoring, and advanced allocations. By combining in a single solution software that is typically separated into silos, E&P companies can manage their entire operations in real-time, maximize production, eliminate unplanned downtime, and reduce costs. Quorum software provides low total cost of ownership because it is deployed on Microsoft Azure. The first field operations suite available in the cloud, Quorum software is the most cost-effective, reliable, mobile, and scalable in the industry.
Leverage the industry’s new best-of-breed software:
myQuorum Field Insights is quickly becoming the industry’s best-of-breed software for field data capture and production management. With its modern user interface, myQuorum Field Insights lets companies capture field data(including production, run tickets, and field events), manage and analyze that information, then allocate directly to their accounting systems. Now E&P companies have a streamlined approach for sharing consistent, real-time data from the field to the back office. The myQuorum Field Operations suite also offers myQuorum SCADA, which provides real-time monitoring of production, flows, pressures, tank levels, and artificial lift control. Combined with advanced trending and analytics, companies know what is happening in the field, at the exact time that it’s going on, and understand why. Built on a web-based platform with full mobile support, myQuorum SCADA gives users access to critical real-time information, alerts, and notifications on any device.
myQuorum Field Operations is the first solution to integrate best-of-breed field operations software in the cloud, and it is proven to drive profit to the bottom line. See for yourself by watching my detailed demo given at NAPE Summit 2017!
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