January 17, 2018 by

Verdazo Analytics Launches Machine Learning Division

Verdazo Analytics entered the field of Artificial Intelligence today with the launch of its Machine Learning Division, which will deliver targeted and accessible Machine Learning solutions for Oil & Gas. Verdazo Analytics will initially deliver Machine Learning solutions through a consulting offering, with a software product to follow later in 2018. Machine Learning capabilities will eventually be fully integrated with the company’s flagship VERDAZO visual analytics software. The Machine Learning Division of Verdazo Analytics will be led by Tyler Schlosser, the company’s new Chief Data Scientist. Tyler joins the company from GLJ Petroleum Consultants, where he was Director, Economics & Risk. Tyler brings a background as a petroleum engineer, as well as over a decade of focus in the Machine Learning and Artificial Intelligence spaces. At GLJ, Tyler developed an industry-wide reputation as a trusted advisor on specific Oil & Gas topics, including reservoir engineering, economic modelling and energy markets. “Machine Learning is a key pillar for the future of Oil & Gas analysis,” says Verdazo Analytics President Bertrand Groulx. “Tyler will be working directly with our clients to target specific industry opportunities with our new capabilities. Ultimately, Machine Learning will further enable our clients to generate value across their...

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November 2, 2017 by

Verdazo Analytics presenting on ‘Visual Analytics in the New Normal’

Over the last decade, the collective impact of changes in production technologies, the shift in commodity prices and a reduced workforce is defining a ‘new normal’ in oil & gas. On November 16, Verdazo Analytics’ President Bertrand Groulx will provide a visual overview of evolving production and market trends and explore the role data and technology will play as the industry adapts to its changed landscape. Groulx’s presentation is titled “Visual Analytics in the New Normal: Past, Present & Future” and will be delivered as part of the geoLOGIC Adapting to the New Normal technical showcase. Groulx’s presentation runs from 10:55 to 11:20 a.m. Verdazo Analytics will also be available throughout the afternoon for attendees looking to learn how VERDAZO software, in combination with geoLOGIC data, can deliver powerful insights through visual analytics. The geoLOGIC showcase takes place at the ConocoPhillips Auditorium in Gulf Canada Square and runs from 8 a.m. to 3 p.m. Learn more and register for the event here.

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September 21, 2017 by

Verdazo Analytics presenting on Unconventional Big Data Forecasting for SPE

Verdazo Analytics’ President Bertrand Groulx will present for the Society of Petroleum Engineers (SPE), at the Session 7 workshop “Unconventional Resources: Big Data Forecasting.” Groulx’s presentation is titled “How Many Months of Production Do I Need for a Reliable Forecast?” It takes place on September 27, 2017 at 1:00 p.m. The SPE workshop runs September 26-27 at Hotel Arts in Calgary, Alberta. Learn more and register for the event here.

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September 21, 2017 by

Verdazo Analytics presenting on Planning Type Curve Best Practices for SPE

Verdazo Analytics’ President Bertrand Groulx will present for the Society of Petroleum Engineers (SPE) at the Session 1 “Unconventional Resources: Production Type Curve Construction – Best Practices and Pitfalls.” Groulx’s presentation is titled “Uncertainty Considerations for Development Planning Type Curves” It takes place on Tuesday, September 26, 2017 at 8:00 a.m. The SPE workshop runs September 26-27 at Hotel Arts in Calgary, Alberta. Learn more and register for the event here. Save Save

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September 21, 2017 by

Verdazo Analytics and geoLOGIC Systems explore N2 energized completions in CSUR talk

Verdazo Analytics’ President Bertrand Groulx and geoLOGIC Systems’ Joshua Lee will deliver a presentation for the Canadian Society for Unconventional Resources (CSUR) on Monday, September 25, 2017 at 11:00 a.m. The presentation is titled “Effectiveness of Nitrogen Energized Completions in the Alberta Montney”. Groulx and Lee’s presentation is part of a single-day CSUR event called “The Alberta Montney Resource: An Important Play for Alberta”. Additional sessions will outline a macro-analysis of the play, its associated challenges and commentary from both researchers and operators. The event takes place in the ConocoPhillips Canada Theatre at 401 9 Ave SW in Calgary, Alberta. Learn more and register for the event here.   Save Save

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May 24, 2017 by

Verdazo Analytics releases 2017.1 software update

We’re pleased to announce the spring 2017 release of our VERDAZO software. This release streamlines workflows for better usability and updates configurations based on input from our network of clients, industry experts and professionals. The release also adds sophistication to VERDAZO’s analysis capabilities, including those highlighted in our recent Society of Petroleum Engineers (SPE) multivariate analysis paper. This release is the next step in our ongoing product journey and includes some key architectural enhancements that will enable us to incorporate Pason drilling data as part of a future release. We’ll have an update for you on those plans later this year. Our clients can trigger their updates by contacting us at support@verdazo.com.

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May 4, 2017 by

Bertrand Groulx presenting at CSUR’s Hydraulic Fracturing workshop

Verdazo Analytics’ President Bertrand Groulx will deliver a presentation on data analytics at the Canadian Society for Unconventional Resources’ (CSUR) one-day workshop on Hydraulic Fracturing. The event takes place on May 11, 2017 and focuses on the industry’s technological advancements over the last decade as well as examining the new technologies that are being developed to increase productivity and reserves in Unconventional Resource Plays. Groulx’s presentation is titled “Multivariate Analysis Using Advanced Probabilistic Techniques for Completion Design Optimization.” He co-wrote the paper with and Jim Gouveia of Rose & Associates and Don Chenery, also of Verdazo Analytics. Groulx’s presentation is scheduled for 1:00 p.m and takes place at the ConocoPhillips Canada Theatre in Calgary, AB. For more information, click here.

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April 26, 2017 by

Bertrand Groulx presenting on visual analytics at GeoConvention 2017

Verdazo Analytics’ President Bertrand Groulx will deliver a presentation on data analytics at GeoConvention 2017 as part of the Best of SPE papers section. The presentation is titled “Multivariate Analysis Using Advanced Probabilistic Techniques for Completion Design Optimization”. Groulx co-wrote the paper with and Jim Gouveia of Rose & Associates and Don Chenery, also of Verdazo Analytics. Groulx’s presentation is scheduled for 1:25 on May 16, 2017. It’s suitable for those with limited exposure to the data analytics space as well as more sophisticated practitioners. GeoConvention takes place May 15-19, 2017 at the Calgary TELUS Convention Centre.  Click here for more information.

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April 17, 2017 by

Bertrand Groulx nominated as SPE Distinguished Lecturer

Verdazo Analytics’ President Bertrand Groulx has been nominated to be a Society of Petroleum Engineers (SPE) Distinguished Lecturer. Nominees are selected by their peers and cited for their industry expertise and leadership, and facility in front of an audience. SPE Distinguished Lecturers typically embark on speaking tours, delivering presentations to global audiences on topics of critical importance to the energy industry. Groulx has regularly presented to SPE audiences in the past. Many of his presentations can be found here. The SPE Distinguished Lecturer Program was created in 1961 and features speakers from around the world. Final selections for this year will be made in October with the resulting lecture tours extending into 2018. Learn more here.

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April 5, 2017 by

Bertrand Groulx outlines a roadmap to analytics success at the Calgary Petroleum Club

Verdazo Analytics’ President Bertrand Groulx will deliver a presentation titled “Is your organization competing on analytics? A roadmap to analytics success” at the Calgary Petroleum Club on April 20th. The presentation is part of the Society for Petroleum Engineers’ Business Breakfast series. Groulx will outline how visual analytics can be significant contributors to the petroleum industry’s survival and success in times when companies are cost conscious and struggling to find new ways to thrive. Drawing from his 100+ successful visual analytics implementations, Groulx will lay out the path companies can follow to maximize analytics adoption and impact.Attendees will learn practical approaches and strategies to overcome the obstacles companies are most likely to encounter on their analytics journeys. The session takes place from 7:30-9:30 a.m. at the Calgary Petroleum Club. To review the presentation delivered click here.

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