Quorum Showcases Upstream Oil and Gas Software at 2018 NAPE Summit

The Industry-leading Energy Software Company Will Exhibit at the 25th Annual NAPE Summit This Week

Houston – February 5, 2018 — Quorum Software, the leader in digital transformation for the oil and gas industry, has announced its participation in the NAPE Summit February 5-9, 2018, featuring software from its integrated suite for upstream oil and gas companies, including Land Management, Well Lifecycle Reporting, and Production Operations. As part of what Quorum has coined the Modern Energy Workplace, these solutions drive efficiency and agility for upstream businesses using collaborative and mobile features.

Quorum will be exhibiting these technologies during NAPE at booth #2439. Additionally, Quorum has sponsored a group of students from the University of Houston’s oil and gas program to attend NAPE and experience firsthand how digital technology is transforming the upstream business.

“The competitive landscape in upstream software is changing rapidly, and Quorum continues to drive its evolution with enhanced capabilities to support the Modern Energy Workplace,” said Perry Turbes, president and CEO of Quorum. “Our integrated suite of software for upstream oil and gas, which can be deployed in as little as a few weeks, delivers increased productivity, business agility, and savings to energy companies of all sizes. It’s no wonder that 90 percent of the largest U.S. oil and gas producers depend on Quorum for Land Management.

Turbes continued, “In 2017, we revealed the Modern Energy Workplace and grew our capabilities by acquiring WellEz, and we are excited to showcase our transformational software at the NAPE Summit this year.”

“When it comes to technology in the oil and gas sector, Quorum is paving the way with their innovative software, range of capabilities, and the concept of the modern energy workplace,” said Dr. Ramanan Krishnamoorti, chief energy officer and professor of chemical engineering at the University of Houston. “By giving our UH Energy students the opportunity to participate in the NAPE Summit, Quorum is providing them with an invaluable experience to learn firsthand how digital technology is transforming the upstream oil and gas industry. These talented students are the future energy leaders of tomorrow, and we appreciate Quorum’s commitment to partnering with the University of Houston to address the unique skills and workforce needs of the evolving energy industry.”

Quorum software is designed for the Modern Energy Workplace, a concept launched in late 2017 in partnership with Microsoft. The Modern Energy Workplace is a mobile and collaborative workplace characterized by a spirit of innovation that drives technology adoption, experimentation, and creative problem-solving across the entire energy value chain.

Land Management

The industry leader for more than 20 years, myQuorum Land Management addresses the entire lifecycle of land assets. From small businesses to supermajors, oil and gas companies of all sizes depend on Quorum for land and lease management.

Well Lifecycle Reporting

In September 2017, Quorum acquired WellEz and incorporated well lifecycle analytics into its software portfolio, becoming the only software provider to offer a complete suite of cloud-based digital oilfield solutions.

WellEz is an advanced reporting and well data management system, specializing in drilling, completion, workover and operations reporting for the oil and gas industry. WellEz provides users with a web-based application to enter and access data from the field. Behind this simple web-portal is a powerful database that houses operations information and enables users to run advanced analytical reports.

Production Operations

myQuorum Field Operations is the industry’s first and only single software solution that integrates field data capture, operations management, real-time SCADA, and measurement. These integrated products allow oil and gas companies not only to manage their operations cohesively, but they empower businesses to be more efficient, mobile and profitable.

About Quorum Software

Quorum offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. From the field to the back office, defying complexity is coded in our DNA and our software. This unmatched experience is why Quorum is the choice of eight of the largest public energy companies worldwide, 75 percent of LNG exporters throughout North America and 80 percent of all natural gas processed in the United States. Designed for digital transformation, the myQuorum software platform delivers open standards, mobile-first design and cloud technologies to empower innovation at the speed of thought. At Quorum, we’re helping visionary leaders transform their business, and the energy industry, for a digital world. For more information, visit www.quorumsoftware.com.