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Consulting

Here’s the bottom line: unless you apply analytics across the entire well life cycle, you’re falling behind your competitors. Our industry-leading team is a blend of analytics professionals, engineers and other Oil & Gas technical experts. They’ll help you make a huge leap forward, no matter how much experience you have with analytics today.

Data Integration

The problem with unintegrated data is you can’t always see the inefficiencies and gaps in your organization. You could be losing and not even know it. We can assess your current data sources and structures and devise the best approach to integrate systems. We’ll help you get faster time to value now and support the evolution of your needs over the long term.

Training

Knowledge isn’t equally distributed across the Oil & Gas industry. Some companies are stuck in the past. Some are driving into the future. Make sure your team has the industry leading knowledge and analytics abilities they need to drive efficiencies. We do everything from ‘get started’ training to deeper workshops with our industry-leading partners so you can be the best at what you do.

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World class support whenever you need it

Expert advice

Clients get access to our world-class support team and over a decade of Oil & Gas analytics knowledge.

Hours of operation

We’re open from 9 a.m. to 5 p.m. MST, Monday to Friday. Closed on statutory holidays.

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Need help? Please email support@verdazo.com and we’ll be in touch promptly to help you out.

Explore our industry-leading analytics content

November 6, 2020 by

The tips that every E&P company need if they want to maximize their asset value at all lifecycle stages.

VERDAZO 2020 Blog 1 – In the beginning; there was acquisition and play assessment.   The following blog series illustrates how VERDAZO can be used for the nose to tail analytics journey aimed to maximize value, optimize costs and drive operational efficiencies. VERDAZO can provide the confidence to drive informed decisions and focus on areas that will have a material impact on the balance sheet. We begin with a brief discussion regarding acquisition and play assessment. The Western Canadian Sedimentary Basin contains some of the most prolific and potentially profitable oil and gas resources in the world. The trick is to unlock these assets economically, safely and efficiently. This journey often begins with an acquisition target, assessment of it’s potential and a highly informed speedy determination on how to proceed. Determining the potential of an acquisition can be a daunting task given the wealth of available data, thus the need to leverage discovery analytics.  Discovery analytics is a sequence of explorations, each predicated on the discovery and insight of the last. Caution! The following is an illustration of an analytics workflow, not a fully vetted opportunity. Need for Speed – Initial Assessment: In the competitive market of discounted acquisition targets, it...

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April 20, 2020 by

Analytics Checklist – Surviving Low Commodity Prices

When commodity prices fall and capital programs for drilling and completions get cut, its time to turn your attention to analyzing your data and making decisions that will minimize the negative consequences of these times. That’s why Verdazo has given all their clients unlimited licenses to help them dig into their data and find the opportunities that will help them the most. Today I’m going to offer a bit of a checklist and some suggestions about what you could/should be looking at. Essentially what you’ll be doing is a detailed asset review. A typical asset review would be looking at every well and assessing its performance from three perspectives: Production Performance, Financial Performance, and Performance to Plan. A typical asset review would be answering questions like these on a monthly or quarterly basis: Are we on plan? What’s the variance & trajectory? What wells are losing money? Why? Are there identifiable patterns? What are our top performing assets? What’s our strategy to keep them that way? What are our bottom performing assets? What are we doing about it? What cost/downtime reduction strategies are we exploring? (e.g. change in chemical treatments, new workover strategy, equipment changes) What’s our shut-in plan if...

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April 1, 2020 by

Waste disposal: what comes up must go down

More than 2.9 billion barrels (465 million m3) of wastewater were disposed of in Western Canada in 2019. That’s the equivalent of more than 42,000 dispatched truck loads per day. Waste disposal, and associated trucking, is one of the largest operating expenses (from 5 to >50%) facing the oil and gas industry. Verdazo works with clients to analyse their operating costs & target achievable efficiencies. In today’s blog we’ve partnered up with local startups Galatea Technologies & Labsite who work with some of our clients. Galatea has waste disposal decision optimization software and brings waste disposal domain expertise to this blog. Labsite works with clients to optimize completion effectiveness and helped us answer some questions about frac fluid recycling challenges. Go to the end of this blog to learn more about these startups. Our last blog “The White Elephant in the Room” outlined the massive volumes of wastewater that are produced in Western Canada. In this blog we dig into how much wastewater we inject back into the subsurface and the challenges that operators face. Waste Disposal In 2019 North American oil and gas producers spent approximately $41 billion annually on oilfield waste transportation and disposal. $37 billion is spent...

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