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Sourcing In China
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Deer Creek Energy Deploys Unique Quorum Software To Manage Oil Sands Production Volume by
Deer Creek Energy Limited (Deer Creek) has agreed to license Quorum Volume Management software from Quorum Business Solutions, Inc (Quorum). The newly developed application marks the first time in the oil and gas industry where a software spans and integrates three critical volume management functions: field data capture, production allocation as well as data measurement, validation and calculation for upstream and midstream operations.Deer Creek is a Calgary-based oil sands development company with interests in both steam assisted gravity drainage (SAGD) and mining assets. Deer Creek is the operator and has an 84 percent working interest in the Joslyn Project located North of Fort McMurray, Alberta. The complexity around managing Joslyn's production activities required the most comprehensive volume management solution. "In an effort to manage the oil and gas production volume from Joslyn, Deer Creek conducted a thorough evaluation of commercially available software in the market but failed to come up with an optimal solution, until we reviewed Quorum." said Mark Montemurro, Deer Creek's VP of Thermal Operations. "Quorum Volume Management is the most complete software application that addresses multiple facets of the oil and gas measurement and data management operations." About Quorum Business Solutions, Inc. Quorum Business Solutions, Inc. is a product-centered consulting company that designs, develops, implements, and supports business software solutions for the energy industry with a unique approach to providing a longer product life span. Founded in 1998, Quorum now has over 160 staff operating out of offices in Houston, Dallas, and Calgary. Represented among Quorum's clients are over 20 Fortune 500 companies.Quorum Energy Software Suite is a set of integrated business applications designed for companies that produce, gather, transport, process and market natural gas and other energy commodities. The inherent integration of the suite allows the products to work together to facilitate straight through processing from wellhead to burner tip.The Quorum Upstream Suite includes products for land & lease management, integrated mapping/GIS, production & revenue accounting, core financials (GL, AP, AR), cost accounting (JIB, AFE, FA), division order, volume management, and gas marketing. The Quorum Midstream Suite includes TIPS, the de facto industry standard solution for gas plant accounting, and products for measurement, division order & disbursements, gathering management, liquids marketing, and enterprise contract management. The Quorum Pipeline Suite includes products for pipeline transaction management, pipeline integrity management, and right-of-way management.For more information, visit Quorum's web site at www.qbsol.com or call 713-430-8601..
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