Visual analytics software for your entire company

We know Oil & Gas companies are dealing with fewer resources and greater financial pressures. Verdazo BI was purpose-built to deal with these conditions. Watch our video to learn why it’s the best visual analytics software for Oil & Gas.

Enterprise-class software for Oil & Gas

Major value for your frontline users, your IT department and senior management.

Delivers bottom line value

By now, the stories are almost endless. Our clients have used Verdazo BI to attract initial investors, to grow revenue without adding staff and to free up over 25% of their engineers’ time. They’ve found hundreds of thousands of dollars in unpaid revenue and made hundreds of millions in improvements in optimized completion designs. Learn more.

Maximize the value of your resources

Verdazo BI creates alignment around people and processes, enhances communication across functional groups and improves your overall analysis capabilities. Ultimately, it ensures your people and your assets always deliver the maximum possible value.

Impact today, evolution tomorrow

Your organization will see immediate impact with Verdazo BI – unlike with Tableau or Spotfire which require additional investments of time and money just to get started. Plus, our ongoing commitment to crowdsourced innovation means we’ll keep evolving to meet your future needs.

Industry-leading time to value

Users can do immediate analysis with Verdazo BI by leveraging its targeted Oil & Gas analytics capabilities, crowdsourced workflows and pre-built templates. It’s so easy to use that they’ll often see value in the very first hour. No other data visualization software can make that claim.

Build a culture of analytics

To thrive in the future, an Oil & Gas company must make smarter, faster, and better decisions – with fewer people. That requires building a culture of analytics, where all users can access the consistent reliable information they need to innovate. Our software delivers all that.

Capabilities at a glance

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

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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
  • Not a build-it-yourself toolkit
  • Purpose-built for Oil & Gas

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Maximize your investment in analytics

Tap into our Oil & Gas expertise with custom training and consulting services.

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Explore our industry-leading analytics content

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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March 2, 2020 by

The White Elephant in The Room

The title of this blog combines two concepts. A white elephant is a possession whose cost to dispose of, is out of proportion to its usefulness. The elephant in the room is a metaphorical idiom for an important topic, problem, or risk that that everyone knows about but no one wants to discuss because it makes at least some of them uncomfortable. With this explanation in place let’s ask a question. Question: “What produces 1.1 trillion litres of water per year in order to extract a marketable commodity?” Hint: 5.4 barrels of water are produced for every $50 worth of this marketable commodity. Answer: Canada’s Petroleum Industry. Some might say this is a water industry with a petroleum by-product. For over 20 years in this industry I have been aware of water produced in conjunction with oil & gas, of increases in water cut as wells mature, and the significant percentage of operating costs that trucking and disposal represents. However, I didn’t appreciate the magnitude of produced water that the industry contends with… until now. Produced water is water that is co-produced with petroleum products from a reservoir at significant depth. Produced water is non-potable water, saline, and often contains undesirable...

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