Contract covers deployment of the world’s first Petroleum Decision Engine for Anadarko Petroleum Corporation. Originally published on PR Newswire
PetroDE announced on April 15, 2015 that Anadarko Petroleum Corporation’s Unconventional Resource Best Practices (URBP) team has signed a contract to integrate PetroDE’s cloud-based decision engine technology into its workflow.
“In today’s volatile market, it is critical for our clients to be able to rapidly mine, visualize, analyze, and share multiple data sources in order to quickly make time-sensitive decisions on where to best direct resources,” said PetroDE CEO Alan Lindsey.
Lindsey began developing PetroDE out of frustration with the time needed to gather, maintain, and analyze all of the data used in evaluating oil & gas projects. PetroDE was created to maximize the value of staff and data by combining fast data mining and simple-to-use visual analytics with real-time collaboration.
PetroDE helps Exploration, New Ventures, and Production Teams keep fully informed of competitor activities with heat maps that show plans for the newest horizontals, results from the latest wells, gross perforated intervals and more. No more searching for data in one system then downloading to another. Operational Teams reduce their weekly drilling meetings by a third. Land and Regulatory Teams quickly and easily share all the data required to make sound decisions.
PetroDE offers Virtual Private Accelerated Cloud (VPAC) for companies wanting to keep proprietary data behind their firewall, and uses patent pending technology to make integrating and analyzing each team’s proprietary and vendor data fast and easy.
PetroDE integrates all the data oil & gas companies need into one simple cloud-based platform for making collaborative decisions. Combining proprietary and vendor data sources across teams working in Exploration, New Ventures, Operations, Land and Regulatory, some of North America’s most innovative companies rely on PetroDE for real-time analytics and visual collaboration. Based in Broomfield, Colo., PetroDE is privately held.