December 9, 2013 by

Rose & Associates Partners with VISAGE to Provide More Effective Risk Analysis

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 are pleased to announce that Visage Information Solutions has partnered with Rose & Associates LLP (R&A), the leading E&P risk analysis consulting firm. This partnership will marry VISAGE big data analytics with sage industry risk assessment methodologies, bringing valuable product input to us and over time, improved software and services for our clients. R&A will help enhance our software by sharing their deep, global expertise in E&P risk analysis and portfolio assessment. The collaboration will also expose VISAGE capabilities to more clients through R&A courses and consulting engagements. Course participants of R&A will benefit from VISAGE in course materials, supporting faster, more effective risk analysis. The speed at which VISAGE can analyze plays, develop type curves and slice and dice cumulative probability distributions was viewed as a valuable asset for R&A clients undertaking proper risk analysis, particularly on unconventional plays. For us, this is a fitting partnership because many years ago, an R&A course in probabilistic methodologies helped shape how VISAGE...

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December 9, 2013 by

Rose & Associates Partners with VISAGE to Provide More Effective Risk Analysis

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, 2013 – Visage Information Solutions Inc., visual analytics software provider for the oil and gas industry, and Rose & Associates LLP (R&A), the leading E&P risk analysis consulting firm, today announced a partnership that will marry VISAGE big data analytics with sage industry risk assessment methodologies.  The partnership will bring a VISAGE presence to Rose & Associates courses and consulting engagements and will heighten the role VISAGE plays as a key component of risk analysis for clients. VISAGE products and services benefit from Rose & Associates breadth of experience as a thought leader in E&P risk analysis, extending the software’s global and domestic market reach. R&A will leverage the analysis capabilities offered by VISAGE to compliment course materials and ultimately enable clients to more easily complete risk analysis methodologies. “More than 10 years ago I participated in an R&A course and remember it being one of the most insightful courses I’ve ever taken,” said Bertrand Groulx, President,...

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November 4, 2013 by

Announcing VISAGE 2014!

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 are very excited to announce the release of VISAGE 2014, the new version of our analytics software that brings you better performance, enhanced usability, and new workflow capabilities for analyzing oil and gas data. We’ve invited some of our favourite people to help us celebrate on November 19. We look forward to seeing our clients and valued partners—software vendors, data vendors, consulting firms and industry thought leaders—as we launch VISAGE 2014. Contact us for your invitation to join us on the 19th. Quite literally, VISAGE 2014 provides thousands of ways to examine data and generate more sophisticated analyses to help you make better decisions and increase your competitive edge. We’re also pleased to introduce V-Broadcast, a new tool to automatically generate and distribute the right information and analyses to the right people, saving time and supporting faster and better decision-making. Who doesn’t want to spend less time creating and distributing reports and charts? We think you’re going to like V-Broadcast and...

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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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