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.
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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.
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.
Quorum, which develops software for hydrocarbon and energy business management, has announced the release of its new land management software for the Canadian market. Based on Quorum's flagship land system for the U.S. market, Quorum Land Canada builds on a proven foundation with new functionality that addresses the specific needs of Canadian oil and gas companies. Quorum Land Canada is the result of a joint development effort between Quorum and an upstream oil and gas company with operations in Western Canada.