Do your fastest, most effective analyses ever

We know you’re trying to make the best, most profitable decisions, which are hidden in masses of data. Watch our video and learn why Verdazo BI is the best software for Oil & Gas.

This is the data visualization software you’ve been looking for

If you’re doing Oil & Gas analysis without Verdazo BI, you’re already behind.

Purpose-built for Oil & Gas

Other data analytics software tries to work for everyone under the sun. Verdazo BI is built just for you. We’ve worked with hundreds of Oil & Gas industry experts and thousands of users to tailor its capabilities to your analytics challenges. You’ll experience its power from the first day you use it.

Unique Discovery Analytics

Discovery Analytics is our unique visual analysis methodology. Other tools let you explore data but only within the bounds of how they were built and limited by the technical and domain expertise of their creators. Verdazo BI enables you to cut a path through the data and steer your evolving analysis in whatever direction your insights take you.

Broad pre-built capabilities

You don’t have to build anything with Verdazo BI. We’ve done it for you. Verdazo BI comes with our pre-built Analytics Accelerators: chart templates, workflows and custom reports, plus you can build your own analyses. Our Analytics Accelerators are embedded with Oil & Gas best practices and customizable to meet your specific business needs.

Value from day one

Some data analytics software requires you to devote extra time and energy before you can do any effective analysis, but Verdazo BI is no build-it-yourself toolkit like Spotfire or Tableau. It’s a fully built software application and is ready to use from day one. In fact, many users are doing effective analysis within minutes of being set up.

Capabilities at a glance

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

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...

Read More
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...

Read More
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...

Read More