The best visual analytics
software for Oil & Gas

Target efficiencies. Optimize performance.
Add millions to the bottom line.

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Unmatched capabilities and scalability

Our team has worked with hundreds of industry experts and thousands of users to create the
most cost effective, user-friendly data visualization software for upstream Oil & Gas.

Visual data discovery

No other software has our Oil & Gas Analytics Accelerators, Discovery Analytics methodology and our Oil & Gas-specific expertise in Machine Learning.

Industry stewardship

We’ve spent more than a decade advancing Oil & Gas analytics and partnering with experts and clients to enhance the entire industry’s capabilities.

Value from day one

With its ease of use, speed of implementation and industry-leading customer support, Verdazo BI delivers immediate impact.

Analytics for the entire well life cycle

Verdazo BI can integrate any data source and provide advanced analytics capabilities
that enable diagnostic, multivariate and predictive analyses.

Planning

Optimize your development strategies using public data, leverage our auto-forecasting tools, perform competitive analyses, and analyze completion effectiveness. All Verdazo BI workflows and templates are embedded with industry best practices.

Drilling

Get an integrated view on how drilling impacts all aspects of a well’s lifecycle. Explore rig-state KPIs to analyze and compare drilling performance while leveraging detailed drilling information to make better completion decisions.

Completions

Optimize completion design with multivariate analysis and compare the completion effectiveness of different technologies and operators.

Production & Operations

Optimize production & financial performance by minimizing downtime, reducing its impacts, and improving your ability to hit production targets.

Only Verdazo BI offers Discovery Analytics

Our Discovery Analytics methodology is the most powerful approach to Oil & Gas analytics and data visualization in the industry. Discovery Analytics creates a sequence of explorations, each predicated on the insights of the last. Other tools are limited by the technical and domain expertise of their creators. Verdazo BI enables you to steer your analysis in whatever direction your insights take you.

Explore our industry-leading analytics content

April 20, 2020 by

Analytics Checklist – Surviving Low Commodity Prices

When commodity prices fall and capital programs for drilling and completions get cut, its time to turn your attention to analyzing your data and making decisions that will minimize the negative consequences of these times. That’s why Verdazo has given all their clients unlimited licenses to help them dig into their data and find the opportunities that will help them the most. Today I’m going to offer a bit of a checklist and some suggestions about what you could/should be looking at. Essentially what you’ll be doing is a detailed asset review. A typical asset review would be looking at every well and assessing its performance from three perspectives: Production Performance, Financial Performance, and Performance to Plan. A typical asset review would be answering questions like these on a monthly or quarterly basis: Are we on plan? What’s the variance & trajectory? What wells are losing money? Why? Are there identifiable patterns? What are our top performing assets? What’s our strategy to keep them that way? What are our bottom performing assets? What are we doing about it? What cost/downtime reduction strategies are we exploring? (e.g. change in chemical treatments, new workover strategy, equipment changes) What’s our shut-in plan if...

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April 1, 2020 by

Waste disposal: what comes up must go down

More than 2.9 billion barrels (465 million m3) of wastewater were disposed of in Western Canada in 2019. That’s the equivalent of more than 42,000 dispatched truck loads per day. Waste disposal, and associated trucking, is one of the largest operating expenses (from 5 to >50%) facing the oil and gas industry. Verdazo works with clients to analyse their operating costs & target achievable efficiencies. In today’s blog we’ve partnered up with local startups Galatea Technologies & Labsite who work with some of our clients. Galatea has waste disposal decision optimization software and brings waste disposal domain expertise to this blog. Labsite works with clients to optimize completion effectiveness and helped us answer some questions about frac fluid recycling challenges. Go to the end of this blog to learn more about these startups. Our last blog “The White Elephant in the Room” outlined the massive volumes of wastewater that are produced in Western Canada. In this blog we dig into how much wastewater we inject back into the subsurface and the challenges that operators face. Waste Disposal In 2019 North American oil and gas producers spent approximately $41 billion annually on oilfield waste transportation and disposal. $37 billion is spent...

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March 2, 2020 by

The White Elephant in The Room

The title of this blog combines two concepts. A white elephant is a possession whose cost to dispose of, is out of proportion to its usefulness. The elephant in the room is a metaphorical idiom for an important topic, problem, or risk that that everyone knows about but no one wants to discuss because it makes at least some of them uncomfortable. With this explanation in place let’s ask a question. Question: “What produces 1.1 trillion litres of water per year in order to extract a marketable commodity?” Hint: 5.4 barrels of water are produced for every $50 worth of this marketable commodity. Answer: Canada’s Petroleum Industry. Some might say this is a water industry with a petroleum by-product. For over 20 years in this industry I have been aware of water produced in conjunction with oil & gas, of increases in water cut as wells mature, and the significant percentage of operating costs that trucking and disposal represents. However, I didn’t appreciate the magnitude of produced water that the industry contends with… until now. Produced water is water that is co-produced with petroleum products from a reservoir at significant depth. Produced water is non-potable water, saline, and often contains undesirable...

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