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Understanding Type Curve Complexities and Analytic Techniques

(Dec 2015, SPE – Calgary Section) This presentation is the culmination of a decade of working with industry experts. It illustrates the complexities, technical considerations and analytic techniques that should be part of type-well curve development and use. If proper techniques are not used there can be significant impacts on reserves evaluations, development planning, production performance comparisons and completion optimization insights.

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Statistical Techniques For Analyzing Production Impacts of Completion Designs

(May 2015, REU Calgary) This presentation explores statistical techniques to better understand completion impacts on production and reserve evaluations. It demonstrates changes in completions over time and the associated changes in production profiles. It focuses largely on the Montney resource play, the largest completion data set integrated with production data to date. Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we’re proud of our work as VISAGE and haven’t changed the VISAGE name in our earlier presentations.

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Completion Analysis Considerations & Techniques For Reserve Evaluations

(Feb 2015, SPEE Calgary) This presentation demonstrates the degree to which completions have changed over time and the associated changes in production profiles. It offers techniques for quantifying production impacts of completion designs and demonstrates statistical analysis techniques in action. Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we’re proud of our work as VISAGE and haven’t changed the VISAGE name in our earlier presentations.

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Diagnostic Analytics: Tools to Identify Opportunities

(May 2014, PASC Education Day) This presentation illustrates diagnostic techniques to help production engineers identify and prioritize optimization opportunities. Three key performance areas are covered: 1) ensuring downtime impact reduction in daily production, 2) ensuring net operating income is maximized and operating costs are minimized, and 3) ensuring performance deviations from forecast are addressed early to minimize impacts on cash flow and overall corporate reserves value. Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we’re proud of our work as VISAGE and haven’t changed the VISAGE name in our earlier presentations.

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April 14, 2016 by

Bertrand Groulx presenting on using visual analytics for operational efficiency at Banff CORS conference

Verdazo Analytics’ President Bertrand Groulx will deliver a presentation on Practitioners Day at the annual Canadian Operational Research Society (CORS) conference on May 31, 2016 in Banff, AB. The presentation is titled “Visual Analytic Techniques for Operational Efficiency & Performance Improvements.” This visually stimulating presentation is particularly timely given the collapse in commodity prices and the need to identify every optimization opportunity possible. Groulx will explain how data analytics are being used by companies to identify downtime reduction opportunities, reduce costs and establish competitive advantages. CORS is a scientific and professional society that takes a leadership role in the advancement of both the theory and the practice of Operational Research (OR) in Canada and safeguards the existence of a vital Canadian OR community by promoting contact between people interested in the subject. Groulx is a recent Society of Petroleum Engineers (SPE) nominee for the Regional Production and Operations Award. Groulx was nominated for his contributions to advancing industry best practices, elevating industry understanding of complexities in type-well curve development and improving analytic capabilities and statistical methodologies. Groulx’s CORS presentation begins at 10:45 a.m. (May 31, 2016 in Banff) Click here to view the presentation.

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Public Data

Explore public data. Identify business opportunities by discovering insights into companies, plays and completion technologies.

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Financial Data

Analyze your accounting data. Optimize financial performance by identifying operating cost issues and revenue opportunities.

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Production Data

Analyze your production data. Optimize production performance, minimize downtime and improve your ability to hit production targets.

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March 11, 2016 by

President Bertrand Groulx nominated for Society of Petroleum Engineers (SPE) Award

Calgary AB – March 11, 2016 – Bertrand Groulx, President of Visage Information Solutions Inc., has been nominated for a Society of Petroleum Engineers (SPE) Regional Production and Operations Award. Groulx was nominated for his contributions to advancing industry best practices, elevating industry understanding of complexities in type-well curve development and improving analytic capabilities and statistical methodologies. As part of the nomination process, it was noted that “Groulx’s methods are thorough, comprehensive, and mathematically rigorous. The results of his efforts are better informed decisions in the upstream oil and gas sector.” SPE Regional Awards recognize members who contribute exceptional service and leadership within SPE, as well as making significant professional contributions within their technical disciplines at the SPE regional level. Award recipients will be announced in June and published in the Journal of Petroleum Technology. About Visage Information Solutions Visage Information Solutions Inc. provides self-serve visual analytics for the oil and gas industry, utilizing both public and proprietary data. VISAGE analytics software offers insight to improve the decisions and strategies of oil and gas producers, investors and financiers. Visage Information Solutions is a private company founded in 2006. The company is passionate about how improving the analytic maturity of oil...

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December 9, 2014 by

VISAGE team welcomes new VP Business Development as it commits to continued high service and growth

Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we haven’t changed the VISAGE name in our previous blog posts. We’re proud of our decade of work as VISAGE and that lives on within these blogs. Enjoy. Calgary, AB – December 9, 2014 – Visage Information Solutions Inc., visual analytics software provider for the oil and gas industry, today announced that Stan Cena, an experienced sales leader from Schlumberger, has joined the company as Vice President of Business Development. Stan is responsible for building further on the success of VISAGE analytics after five consecutive years of 50 per cent growth. For a decade, Stan held senior sales leadership roles with Schlumberger Canada Limited where he dramatically grew revenues for multiple product lines including Rock Laboratory Services, a Schlumberger division focused on core analysis to optimize production in reservoirs. Most recently Stan was Senior Sales Manager at Merrick Systems, provider of production management technology for the oil and gas industry. “With our focus on high customer service, it’s critical to expand the VISAGE team at a pace that matches our growth,” said Bertrand Groulx, President, Visage Information Solutions. “Stan is a key hire to help us further attract new clients and...

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