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Consulting

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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

February 2, 2021 by

Are You Making Money or Just Oil & Gas?

Are You Making Money or Just Oil & Gas? by Carolyn Pumphrey, CPA, CGA In the past year, everyone in the world has taken on roles they never expected. Parents became teachers, dining room tables became offices, and pets became our co-workers. Taking on additional roles is no stranger to those of us in oil & gas. While it used to be the engineer’s job to keep the volumes flowing and the accountant’s job to keep the dollars accounted for, lines have long since become blurred while everyone works to ensure the best financial and operational performance. Keeping production on and maximized is a thing of the past – we need to make money, not just oil & gas. Focusing on financial, as well as operational, performance ensures your company survives and thrives in tough economic conditions. Best of all, you don’t need to be an Accountant to quickly find opportunities to make an impact on your organizations bottom line. With limited time and resources, VERDAZO enables users to: Assess how your area is performing financially over time and relative to its peers; Identify and prioritize the assets to target to improve your areas financial performance; and Identify where to...

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December 7, 2020 by

Production Surveillance in Under Five Minutes.

As a producer, it is important to be able to quickly narrow focus to specific assets requiring additional attention and prioritize efforts to achieve optimal performance.  In this short blog, I will demonstrate a quick and powerful workflow I have often utilized as a Production Engineer.  This workflow will help you zone in on those assets requiring additional TLC. How is corporate production this week? How does it vary from the prior week? Which assets are contributing to any weekly variance? Are these assets underperforming compared to a theoretical capability? HOW IS CORPORATE PRODUCTION THIS WEEK?  HOW DOES IT VARY FROM THE PRIOR WEEK? As a starting point I must know how current production compares to the prior week production.  The chart below shows corporate total production for the week along with the variance from the prior week.  Is there a positive or negative variance?  Is that variance expected, or unexpected? Figure 1: Corporate Total Weekly Production Summary with weekly variance   VERDAZO TIPS Separate the different Y axis’s by clicking the icon with the two arrows pointing towards one another in the quick bar. Add Chart data in a tabular form by clicking the Data Viewer icon in the...

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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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