November 4, 2013 by

VISAGE 2014: Better analytics to fuel better decisions

Editor’s Note: While VISAGE rebranded to VERDAZO in April 2016, we haven’t changed the VISAGE name in our previous press releases. We’re proud of our decade of work as VISAGE and that lives on within these news items. Enjoy. Calgary, AB – November 4, 2013: Visage Information Solutions announces the release of VISAGE 2014, a new version of its visual analytics software, complete with better performance, enhanced usability and new workflow capabilities for analyzing oil and gas data. “With the new release of the software, we’ve improved performance and usability as well as enhanced analysis capability,” says Bertrand Groulx, president of Visage Information Solutions Inc. “We’re pretty excited about VISAGE 2014 because it will provide better analysis capabilities at producer’s fingertips, letting them do more sophisticated analysis and facilitate faster and better business decisions.” Building on the company’s deep experience in the oil and gas industry as well as the best practices of its clients and partners, the new software provides thousands of ways to examine data and generate sophisticated analyses to inform better decision-making and increase competitive edge. The latest release also includes V-Broadcast, a new tool to automatically generate and distribute the right information and analyses to the...

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July 24, 2013 by

VISAGE Analyzes US Production Data Live at the Reserve Estimation Unconventionals Event

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. VISAGE – it’s not just for Canadian producers, Houston here we come! August 19 to 22, VISAGE will be joining GLJ at the Reserves Estimation Unconventionals event to showcase analysis of HPDI data (3.3 million producing entities). The focus of the event is on aiding U.S. oil and gas producers with accurately forecasting, estimating and optimising well production. VISAGE has a lot to offer production, economics and planning analysis to optimize production performance. GLJ is a sponsor of the event and on Day 3, Michael Morgan is speaking at the main conference. Here’s the topic: Considering The Full Production History Of Five Key Resource Plays: What Has History Taught Us? • With over a decade of commercial deployment, multi-frac’d development is no longer new so why does most analysis still highlight initial rates? • Highlighting late life decline behavior and diagnostics to identify flow regime • Using the results as a starting point when trying to build analogs for emerging resource plays Want to...

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June 18, 2013 by

VISAGE + WCFD Direct Data Access Expands Completion Analysis Opportunities

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. At VISAGE we like data and we like companies that provide it. That’s why we’re delighted with the latest release of the Well Completions & Frac Database (WCFD) and the launch of the Direct Data Access Platform from Canadian Discovery Ltd. VISAGE users can now connect live to the WCFD back-end and integrate completions data with production data for sophisticated analyses that provide insight into completion design and the associated production results. All of this with the VISAGE visualizations our clients are familiar with. With the combination of VISAGE, WCFD, and public data (from IHS or gDC), there are more than 40,000 ways that you can slice and dice the data. Our clients have been seeking ways to compare well performance by looking at production per tonne of proppant, or production per stage. The ability to compare production by frac technology, stage spacing, proppant per stage and proppant types can have a profound influence on how you might plan your next well. VISAGE’s visual...

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April 16, 2013 by

GLJ Acquires Equity Stake in Visage Information Solutions

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. Today we are delighted to announce that GLJ Petroleum Consultants is acquiring an equity stake in Visage Information Solutions. This means valuable product input for us and improved software and services from VISAGE for our clients. GLJ will help enhance our products and services by sharing their more than 40 years of petroleum industry experience with us.  Serving their own clients with VISAGE, GLJ will further distinguish their petroleum consulting services with software-driven insights while participating in VISAGE’s success. The aim of our two companies is to take a leadership role in Big Data analytics for the oil & gas industry (check out our blog post on the subject). This is big news for us, but it’s business as usual for the most part. The collaboration with GLJ involves no change to our leadership, our operations or customer focus. We will continue to do what we do best and serve and support our clients and partners. We are very proud to be...

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December 12, 2012 by

Some Inspiration for the Holidays

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. On September 26, 2012, VISAGE client (artist and adventurer) Mike Elliott embarked on a five week trek with the objective of reaching the Mt. Everest Base Camp (a humble 18,000 feet). Along with 9 other individuals from Canada, this “Young and Breathless” team had more than simply reaching the Mt. Everest Base Camp on their minds. The team was working towards raising the necessary funds for the Sir Edmund Hillary Foundation to establish a new computer lab at the Zeke O’Connor School (150 students) in Phaplu, Nepal, a very remote and underprivileged region. Total estimated project cost was $20,000 CDN. The original plan for Mike and his teammates was to begin a trek over 12 days with the objective of reaching Everest Base Camp. Tragically, on the morning of the team’s arrival in Kathmandu the team learned that 19 people had died on a flight to Lukla (the starting point for the trek). This news, in addition to poor weather conditions, meant...

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December 10, 2012 by

VISAGE’s Loonie Approach to YYC Tech Gives

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. VISAGE had a great time at the YYC Tech Gives Foodbank Challenge last week – thanks for making it happen! This year, we’ve adopted a loonie approach for supporting the food bank. When trying to determine “how much should we give to the Food Bank?“, the VISAGE team came up with a metric that serves as a challenge to other companies. We have donated $1 for every day of the year, for every employee, which rounds up to a contribution of $3,000 for 2012. Care to match us? Thanks again for everyone’s efforts this year!

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November 30, 2012 by

VISAGE Joins YYC Tech Gives, Rallies Other Calgary Tech Co’s to Join Food Bank challenge

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. On December 4th, Brad and I will be at the Calgary Food Bank alongside members of Arcurve, Entero and other tech co’s for a “building a hamper” challenge. The VISAGE team will pit our capable and nimble selves up against 10 other teams from local tech companies for a surprise challenge … something like preparing hampers or bagging potatoes. The event is profiled by CBC Radio 1 hosted by Angela Knight. If you are a regular at our blog site you’ll be hungry for some analysis or at least a few stats. Here goes. Calgary 2011: over 146,000 people used foodbank, 42% of whom were children. Hunger can be a short but scary crisis: 81% of clients visited three or fewer times. It’s not just the unemployed – 35% of households needing help had at least one person employed, with incomes too low to support them. Last year YYC Tech Gives raised about $65,000 for the Calgary Food Bank. This year the...

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November 8, 2012 by

Uncover New Insights into the Cardium Play at the IHS Customer Expo & Gala

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. We’re pleased to share that VISAGE has been invited to speak at the upcoming IHS Customer Expo & Gala on November 15, 2012. We will go beyond analyzing public data from the IHS Information Hub, we will integrate it with the Well Completion and Frac Database (by Canadian Discovery Ltd and Introspec Energy Group Inc.). Combining these data sources presents so many new and exciting analysis opportunities. I’ll be demonstrating this with a detailed analysis of the Cardium play that is guaranteed to surprise you. Imagine if in just a few minutes you could visualize… –       Drilling costs per meter by drilling company –       Cost per stage by frac company –       Average production rate per stage –       Average production rate per 100m completed length –       Average production rate per tonne of proppant –       Average production rate per $1,000,000 completion cost We’re confident that you’ll walk away in 20 minutes recognizing more analysis possibilities than you thought were possible. This is the stuff...

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October 29, 2012 by

Come Visit Us at the SPE Canadian Unconventional Resources Conference

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. We’d like to invite you down to this week’s SPE Canadian Unconventional Resources Conference where we will be demoing VISAGE in the exhibitor hall, at the IHS booth. Our team will be demonstrating how you can use VISAGE to conduct powerful analyses on public data (from the IHS Information Hub). We’re also pleased to announce the recent integration of the Well Completions & Frac Database (WCFD) by Canadian Discovery Ltd and Introspec Energy Group Inc. Now subscribers of the WCFD data and public data can use VISAGE to evaluate plays across Western Canada, including the Cardium, Viking, Montney, Doig, Bluesky, and many other established and newly emerging plays. We’ll be demonstrating how analyzing the WCFD data can support better competitive analysis and detailed examination of an entire play (including impacts of frac spacing, tonnage, horizontal length, drilling cost per meter, completion costs etc.). As you know, we’re passionate about effective data analysis and how it can offer our clients a unique competitive...

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December 13, 2011 by

VISAGE is a Technology Stars 2011 Winner

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. VISAGE is proud to announce that we are a Technology Stars 2011 winner for Best Exploration Technology. Check out the articles in the New Technology Magazine and the Oil & Gas Inquirer. The Western Canadian Sedimentary Basin is second to none in terms of the sheer volume of information that is readily available to the industry. This information has become an increasingly important resource in developing an understanding of plays and technical concepts. With the right tools this information can be used to narrow your focus and make “quick & accurate decisions that are well researched”. Kory Galbraith, VP of Engineering at Elkhorn Resources, took advantage of VISAGE’s visual analysis technology to analyze data from the geoLOGIC Data Center “to screen exploration areas in building its business plan”.  With the development of our most recent public data analysis capabilities, clients are using VISAGE as a “data exploration tool” to garner insights and make decisions that help them to optimize new and existing production opportunities....

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