Engineers & Operations

  • No more time-consuming or broken spreadsheets
  • Save the time, effort and cost of building your own tool
  • Incorporate all your Oil & Gas data sources
  • Do effective analysis from day one
  • Speed up your analysis with vast pre-built capabilities
  • Includes our Discovery Analytics methodology & workflows
  • Purpose-built for Oil & Gas
  • Embedded with industry experience, expertise & best practices

Senior Management

  • Targets efficiencies
  • Optimizes corporate performance
  • Adds millions to your bottom line
  • Creates alignment between people, processes, and data
  • Delivers value from day one
  • Catalyzes innovation across your organization
  • Purpose-built for Oil & Gas
  • Creates a culture of analytics

IT Managers

  • Delivers consistent, reliable information
  • Centralized business logic
  • Provides enterprise-level scalability
  • Offers an open, configurable environment
  • Rapid implementation saves time and money
  • Flexible licensing structure
  • Purpose-built for Oil & Gas
  • Not a build-it-yourself toolkit

Analytics for the entire well lifecycle

Planning

Drilling

Completions

Production & Operations

Planning

Optimize your development strategies and corporate value

  • Use public data to understand evolution of plays and technology.
  • Perform competitor analyses and leverage best practices for type curves, completion design and statistical methods.
  • Scrutinize data quickly, easily and visually.

Drilling

Get an integrated view on how drilling impacts all aspects of a well’s lifecycle

  • Use rig-state KPI’s to compare current and historical drilling activities to identify optimization opportunities.
  • Leverage drilling data to inform completion design.
  • Integrate multiple data sources to get a holistic view of drilling impacts on value.

Completions

Optimize your completion design with multivariate analysis

  • Compare different operators’ completion techniques to refine your approach.
  • Better understand the impacts of technology & design on production.
  • Leverage our Machine Learning expertise to better understand & optimize completion designs.

Production & Operations

Optimize your production and operational performance

  • Minimize your downtime and reduce its impacts.
  • Improve your ability to hit production targets.
  • Perform more effective well reviews with integrated financial performance analysis.
  • Enhance collaboration between the field and head office.

Only VERDAZO offers Discovery Analytics

Our Discovery Analytics methodology is the most powerful approach to Oil & Gas analytics in the industry. Discovery Analytics enables 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 enables you to steer your analysis in whatever direction your insights take you.

Machine Learning

Advanced analytics solutions for Oil & Gas

What’s your plan to take advantage of artificial intelligence? Don’t have one? That’s a problem. We can help accelerate your use of Machine Learning to leverage the integrated datasets used across all asset life-stages. This is a new frontier in Oil & Gas analytics and we’re here to help you achieve a major competitive advantage.

Key Applications

  • Identify and quantify which inputs matter most for specific outcomes
  • Determine dependencies between model inputs
  • Develop predictive models with complex data
  • Optimize completion designs

Read industry-leading Oil & Gas analytics content

Machine Learning: Practical Use in Upstream Oil & Gas

There’s an enormous amount of discussion about the possibilities of Machine Learning but far less practical information about the impacts it can have on Oil & Gas today. In this presentation, we articulate some of most valuable prizes Machine Learning offers for upstream Oil & Gas, including feature importance and sensitivity analysis, and the power of predictive Machine Learning models. The presentation outlines two recent case studies – one focused on reservoir properties and the other focused on drilling and completion optimization – that bring the material to life. This presentation was originally delivered May 31, 2018 as part of the SPE Oil & Gas Breakfast Series in Calgary.

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Machine Learning

Predict production performance, reservoir properties and optimize well location & completion design.

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May 7, 2018 by

Machine Learning: Is it really a Black Box?

Machine Learning isn’t the “black box” that many perceive it to be. On complex data sets, the use of Machine Learning with a rigorous process and supporting visualizations can yield far more transparency than other methods. What is a “Black Box”? Machine learning models are sometimes characterized as being Black Boxes due to their powerful ability to model complex relationships between inputs and outputs without being accompanied by a tidy, intuitive description of how exactly they do this. A “Black Box” is “a device, system or object which can be viewed in terms of inputs and outputs without any knowledge of its internal workings” (Source: Wikipedia). Black Boxes (and Machine Learning models) exist everywhere We tend to label things as “Black Boxes” when we don’t trust them more than when we don’t understand them. Machine Learning models aren’t unique in having an element of “mystery” in how they work – there are all sorts of things we trust all around us for which we don’t fully understand the inner workings. GPS, search engines, car engines, step counters, even the curve fitting algorithms in Excel are examples where we trust what’s happening inside because we’re able to see and, with experience,...

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