Quorum Software, the leader in digital transformation for the oil and gas industry, announced new functionality in MOSAIC, an all-in-one reserves management, economics, budgeting, capital planning, and decline analysis application. The latest enhancements improve data management and well analysis for engineers through integration with Citrine, a field performance analysis software from KAPPA.
Software & IT News
Quorum Software has published the second white paper in its Modern Energy Workplace series. The new white paper examines how oil and gas companies are challenged to adopt new digital technologies such as big data, cloud, and cognitive to modernize business processes that support the next generation of energy professionals.
Quorum Software has launched its next technology evolution with myQuorum AI. myQuorum AI drives smarter insights and reimagines oil and gas operational excellence by exploiting the deep industry experience embedded in myQuorum software applications with cutting-edge cognitive technologies. Augmented Intelligence (AI) is the latest innovation that stems from Quorum's commitment to driving the industry forward through the proven and visionary myQuorum platform. Cognitive technologies such as machine learning, robotic process automation, computer vision, and natural language processing, will enable energy companies to work smarter, more efficiently, and be more operationally and financially compliant. Quorum's land management software, myQuorum Land, is the first application to take advantage of the platform's new AI capabilities.
American Innovations is pleased to announce Survey Manager, the first product in the company's new Concentric product line, is now available for purchase. The goal of Concentric products is to use cloud and mobile technology to help pipeline personnel collaborate on survey data and get more accurate insights, faster. Survey Manager does this by allowing surveyors and their supervisors or clients to collaborate on data in real-time, using a rich dashboard that can display survey data on a map, in a grid or on a chart. Users can view these three data displays simultaneously, allowing them to better visualize and analyze their survey results.
SAP and Endress+Hauser will intensify their cooperation in the development of Industrial Internet of Things (IIoT) applications for the process industry. The enterprise software market leader and the specialist for process and laboratory measurement technology made the announcement during ACHEMA in Frankfurt, Germany, the world's leading trade fair for the process industry. In future, both companies intend to work closer together in the development of joint solutions, sales and customer implementation.
Honeywell has announced a software solution to provide cybersecurity to industrial customers who manage diverse process control networks, sites and vendors. As customers continue their digital transformation and their industrial sites become more connected, integrating cybersecurity has become even more critical.
Oildex has introduced OpenTicket, the next generation of the company's digital field ticket solution. OpenTicket is the industry's only comprehensive, end-to-end cloud-based platform that provides both operators and service providers with all the software they need to generate, review and approve digital field tickets. New capabilities of OpenTicket include a dedicated mobile application that supports both online and offline generation of digital field tickets, support for Drilling & Completions (D&C) and Lease Operating Expense (LOE) organizations, and processing optimizations that speed payments, improving operator/supplier relationships.
Honeywell has announced that Cureton Midstream LLC will use Honeywell Connected Plant to provide prescriptive monitoring of its UOP Russell gas processing plant in Weld County, Colo. The plant is designed to cryogenically extract 99 percent of ethane and 100 percent of propane from natural gas supplied by producers in the Niobrara basin.
Honeywell has announced a handsfree, wearable Connected Plant technology that allows industrial workers to more safely, reliably and efficiently accomplish their tasks in the plant or the field. Honeywell's Skills Insight Intelligent Wearables feature a head-mounted visual display that responds to voice and brings live data, documents, work procedures, as well as health and safety information into view.
Landmark, a Halliburton business line, launched DecisionSpace Production Engineering and DecisionSpace Production Insights software to help operators better utilize data to reduce costs and unlock production potential. These offerings strengthen the DecisionSpace Production portfolio by adding analytical dashboards and production engineering capabilities. Both are integrated with economics and reservoir information to help solve production challenges quickly and cost-effectively.
Quorum Software, the leader in digital transformation for the oil and gas industry, announced today that it has entered into a definitive agreement to acquire Calgary-based Entero Corporation, a trusted leader in energy software solutions for the upstream and midstream sectors. With over 125 customers throughout North America, Entero furthers Quorum's mission to invest in customer-oriented innovation and expand its comprehensive product portfolio to cover the energy value chain, from engineering to accounting and finance in upstream and across the full range of midstream processes through to distribution. This acquisition expands Quorum's 15-plus year presence and leadership in the Canadian Midstream segment by adding geo-specific and Upstream expertise and products, augmenting products such as myQuorum Land Canada.
Seeq, a provider of advanced analytics solutions, announced today that Pioneer Resources, Devon Energy, and Fisher Valves will present next week at the 22nd ARC Industry Forum on their use of Seeq to improve business and production outcomes. Seeq applications build on machine learning and big data technologies to speed the time to insight with diagnostic, descriptive, and predictive analytics. The presentations are typical of the benefits Seeq customers are realizing in the oil & gas, power, pharmaceutical, chemical, energy, mining, food and beverage, and other process industries.
Bedrock Automation has published a concise, easy-to-deploy interface specification that enables users and application developers to take advantage of the security capabilities of OPC UA communications software. By following the simple procedures outlined in the Bedrock SCADA Security Platform Specification, developers can upgrade any OPC UA compliant client into a highly secure OPC UA channel, across which users can exchange data between plant floor operations and SCADA applications.
Bedrock Automation, the maker of the world's first Open Secure Automation (OSA) platform, has released an informative white paper on the cyber security vulnerabilities and defense of industrial control systems. The 20-page document, Securing Industrial Control Systems - Best Practices, covers the threat landscape and presents a holistic approach to defending it, including assessing risk, physical security, network security, workstation and server security, as well as the fundamentals of OSA.
Emerson has announced a major upgrade to its SolaHD SDN 40-24-100C 40A DIN rail power supply that doubles the number of terminals available for improved connectivity to power multiple devices, while also stepping up its heat rating to expand the number of types of hazardous environments where the power supply can be deployed.
The new NAUTIZ X9 from Handheld Group is an ultra-rugged enterprise handheld built for fieldwork in the most challenging outdoor or industrial environments.The Nautiz X9 Android handheld is targeted for industrial and field applications where reliability is critical and ruggedness is key. Offering a complete and unique set of features, the fully rugged Nautiz X9 can be used as a mobile computer, data collector or field controller. It offers:
- A quad-core processor and easy-to-use Android 7 (Nougat) OS.
- GPS/GLONASS capabilities standard.
- Optional high-quality, high-speed 2D imager.
- Dual cameras including 13-megapixel rear-facing with autofocus and flash, and 2-megapixel front-facing.
- 4G/LTE Android phone functionality.
- Google GMS for Google Maps navigation and Play Store app access.
- A sunlight-readable 5-inch capacitive display with multi-touch sensitivity.
- IP67 ruggedness rating for waterproof, dust-tight performance.