HOUSTON, TX – Datagration, the developer of PetroVisor, the premier end-to-end data platform for the upstream oil and gas industry, announced today that it has closed a partnership to expand its commercial presence in the Canadian market. The international expansion is a significant step forward for the fastest-growing data analysis and solutions provider as it seeks to globalize its exclusive Unified Data Model and industry-leading apps.
Datagration partnered with industry leaders, Scott Lowry and Brad Bechtold who over the past 20+ years have advocated for improved data management for Upstream oil and gas. Scott and Brad have held various leadership roles for Halliburton, Cisco, and SAP and have a proven track record of growing commercial efforts in Canada.
“In Canada, our industry is laser-focused on operating efficiencies and the environment. Even when commodity prices show indications of improvement, innovation is critical to our industry's long-term viability. I'm thrilled to be a part of the team that will introduce PetroVisor to Canada.” – Brad Bechtold, Vice President, Canada
“Canadian E&P companies must solve a variety of common challenges in order to innovate successfully and achieve corporate goals, such as collaborating more openly, leveraging data more effectively, and transforming traditional mindsets. The significance of data collection and analytics in driving innovation is crucial, and PetroVisor gives everyone in the organization the ability to collect, cleanse, and characterize their data in a single platform. – Scott Lowry, Vice President, Business Development
“We are pleased to have Scott & Brad support Datagration's go-to-market strategy, including sales and marketing of the PetroVisor platform. This aligns with Datagration's vision of partnering with leaders in specific geographies to allow market penetration and growth, as well as to provide best-in-class support to our customers.” – Ike Epley, Vice Chairman/CCO
In addition to announcing the growing reach of PetroVisor, Datagration recently published a new study that gives a unique view into how a unified data model creates exponential value for E&P companies. Key findings from the report include:
- Nearly 40% of data teams admit they don’t fully understand how data is being used in their organizations.
- With quick access to production data paired with advanced forecasting & accounting methodologies, users can predict individual well declines, estimate remaining recoverable reserves, and study reservoir and field-wide depletion plans.
- A unified data model shows that it can significantly reduce the time and effort by 90% for well reviews.
The full report can be found here.
The PetroVisor platform has distinguished itself in the market with an open API architecture and a superior selection of third-party connections that give E&P companies the freedom to choose the technology and software that best fit their particular needs.
By delivering the first unified data model built for upstream oil and gas, PetroVisor improves current business intelligence and supports E&P companies in maximizing their cloud and analytics investments.