Tags
Software & IT

EnergyIQ marks decade of well master data management solutions

EnergyIQ, a leader in Well master data management solutions for the oil and gas industry, is celebrating a decade of helping clients improve organizational efficiency, productivity and effectiveness based on the automated capture, management, and delivery of the most trusted data.

As one of a handful of companies offering enterprise data management tailored to the oil and gas industry, EnergyIQ has achieved sustained organic growth over its 10-year history. Founded by Dr. Steve Cooper, EnergyIQ has grown to over 35 employees with offices in Houston, Calgary and the Denver area.

"It is humbling to realize that EnergyIQ is celebrating its 10-year anniversary and today is providing critical data management solutions to a large number of oil and gas companies", said Dr. Cooper. "Over the past decade, our TDM platform has evolved from a simple commercial data loader to where we now automate the integration of master data from many different sources across the full Well lifecycle, capture and apply business knowledge in the form of embedded business and data quality rules, and present the most trusted data to users across the organization in the form of visualization, reports, dashboards, and more. The solutions we provide have a direct and measurable impact to the success of our clients."

EnergyIQ's solutions are used by both large integrated and small independent oil and gas operators seeking to improve workforce efficiency, productivity and profitability by enabling experts to use data rather than manage it. Over the years, the company has established a culture of innovation within the company to solve the difficult problems that competitive solutions ignore.

Mike Skeffington, EnergyIQ's COO, continued, "We have been impacted by the same industry highs and lows as our clients over the last ten years, and have witnessed major developments in all types of technology as companies adapt to changing market conditions and evolving political and social climates. We see the pace of technological change accelerating and recently published a white paper, ‘The Digital Journey', that presents the results of many months of research to identify future trends and align our product roadmap in response."

EnergyIQ's CTO, Mike Haden, who has been with the company almost from the outset, said, "It is important to remember our goal remains to deliver the most trusted data to the business in the most effective way to make high-quality decisions. We continue to invest heavily in emerging technology as a tool that can be applied to automate key processes, manage ever-increasing volumes of data, and optimize workflows through analytics and AI. Technology by itself cannot replace the need for trusted data through the application of strong governance and business rules derived from many years of domain experience."

Steve Cooper concluded, "It has been an honor and a privilege to provide business critical solutions to our clients over the last 10 years. I believe our continued success is due to a strong and stable leadership team, a deep understanding of oil and gas data management, a lot of hard work, and, most importantly, very supportive clients. We are more excited than ever about our future as we continue to drive innovation through the application of emerging technology, decades of domain knowledge, and pragmatic experience to solving the most difficult information challenges."

Latest News

Pembina increases guidance, provides update on operations

Pembina increases guidance, provides update on operations

Pembina Pipeline Corporation has announced an increase to its 2018 Adjusted EBITDA guidance range to $2.75 to $2.85 billion.  The Company is also pleased to announce that in conjunction with incremental volume commitments from customers on the Peace pipeline, Pembina will be developing additional pipeline and terminalling infrastructure in the Wapiti region near Grande Prairie, Alberta and in northeast B.C.  The new infrastructure will have a combined aggregate capital cost of approximately $120 million and will be underpinned by long-term, take-or-pay commitments.  

Read More

Petrochemical industry needs drive purchase of Tadano RT cranes

From left to right: Kevin Schultz, Vice President, Maxim Crane; Bob Krause, Regional Business Manager, Tadano America; Frank Bardonaro, Chief Operating Officer-Maxim Crane.

Maxim Crane Works has purchased fifteen large capacity Tadano rough terrain cranes comprising a mix of GR-1000XLs, GR-1200XLs, and GR-1600XLs. The Tadano dealer, with an existing fleet of over 2,500 cranes, decided to expand their fleet largely to meet the needs of the petrochemical industry. "Tadano's longer boom length, capacity, and reliability have historically corresponded to our customer needs," remarked Frank Bardonaro, Chief Operating Officer, Maxim Crane Works. "We don't make these decisions somewhere in a corporate office. Instead, we talk to our team in the field and they know the machines that will be best suited to do the job."

Read More

Tags
Industry News
Pipelines

Federal government restarts NEB process for Trans Mountain expansion

Southern resident Orcas range along the coast from Washington State to British Columbia. – NOAA Fisheries West Coast on flickr; used under Creative Commons license https://creativecommons.org/licenses/by-nc-nd/2.0/

The Federal government has laid out the first steps in restarting the stalled Trans Mountain Pipeline expansion project, calling for a 22-week review of issues that were noted in the recent Federal Court of Appeal ruling quashing earlier approvals of the pipeline.

Read More

Tags
Instrumentation, Systems & Automation

Top load turbine flow meter simplifies maintenance and eliminates downtime

Badger Meter is proud to announce the introduction of the Blancett Top Load Turbine Flow Meter at the Turbomachinery & Pump Symposia in Houston, Texas. Designed to withstand the demands of the most rigorous flow measurement applications, this meter was originally intended for the secondary oil recovery market but provides an ideal solution for liquid flow measurement on or off the oil field.

Read More

Tags
Industry News

BC deputy minister joins leaders to discuss gas industry at Gastec and GPEX

From left: Steve Sedgwick, CNBC Anchor, H.E. Cesar Abi Khalil, Minister of Energy and Water, Government of Lebanon, Neil Chatterjee, Commissioner, US Federal Energy Regulatory Commission (FERC), and Dave Nikolejsin, Deputy Minister, Energy, Mines and Petroleum Resources, British Columbia, Government of British Columbia.

Members of the world's senior government and industry elite joined to discuss the critical role of gas in the transition from high carbon to renewable energy at Gastech, the global exhibition and conference at the forefront of the international gas, LNG and energy industries and GPEX, bringing together the global power and energy community to enhance energy transition.

Read More

Tags
Offshore Technology

New optimized jacket and foundation design for offshore industry

New optimized jacket and foundation design for offshore industry

Chet Morrison Contractors has formed a strategic partnership with iSIMS to launch the iJacket, a new optimized method in jacket and foundation design. The patented iJacket is more structurally optimized than the conventional true X-braced jacket design, supporting the same deck load, conductor/riser count, drilling deck, wind turbine or other payload as its conventional counterpart.

Read More

Tags
Instrumentation, Systems & Automation

Comparing position sensor technology for hydraulic cylinder feedback

As the demand for increased control and functionality has increased over the years, sensor- instrumented cylinders are becoming more important in the heavy industry, subsea, and mobile equipment worlds. Position feedback sensors for hydraulic or pneumatic cylinders have most commonly used one of three technologies: Magnetostrictive (MLDTs), Variable Resistance (Pots), and Variable Inductance (LVITs) sensors. While other sensor technologies have occasionally been used in this application, the focus of this article is the comparison among these three most popularly used technologies.

Read More

Tags
Industry News

Bridging the knowledge gap in the oil and gas industry

Bridging the knowledge gap in the oil and gas industry

Canada's ever-changing economy is taking a toll on employment rates across sectors and oil and gas businesses need to take strides to protect their companies. Between job gain and loss, and businesses that require constant attention, one of the biggest and most urgent issues is the lack of qualified workers in the industry. Oil and gas businesses need a solution to get their new employees up to speed quickly to meet their consumers' demands.

Read More

Tags
Industry News

CNRL completes acquisition of Laricina Energy

CNRL completes acquisition of Laricina Energy

Canadian Natural Resources Limited announces that its offer to acquire all of the issued and outstanding common shares in the capital of Laricina Energy Ltd., as previously described in the Laricina press release dated July 26, 2018, has been accepted by holders of Laricina Shares representing 98.7% of the issued and outstanding Laricina Shares on a fully diluted basis.  Accordingly, the minimum tender requirement under applicable Canadian securities laws has been satisfied and all other conditions to the Offer have been satisfied.

Read More

Tags
Drilling & Production

Honeywell introduces high recovery cryogenic gas processing plant

Honeywell's UOP Russell business has introduced a new high recovery cryogenic gas processing plant that is 50 percent larger than other pre-engineered plants currently available. With a capacity of 300 million standard cubic feet per day, the new SC-30 gas plant employs Ortloff Recycle Split Vapor technology that can recover more than 99 percent of high-value ethane from natural gas.

Read More

Tags
Pipelines

Coastal GasLink inks agreements with all indigenous bands along route

Coastal GasLink inks agreements with all indigenous bands along route

TransCanada Corporation is pleased to announce that its Coastal Gaslink Pipeline Project has signed community and project agreements with all of the elected Indigenous bands along its pipeline route in British Columbia. These agreements, totaling 20 across the province, exemplify the strong Indigenous support received for the proposed natural gas pipeline project in B.C.

Read More