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EnergySys Welcome Chrysaor to Their Expanding Clientbase

EnergySys Ltd is delighted to announce that Chrysaor has joined the rapidly growing number of oil and gas companies who use the innovative EnergySys Cloud Platform to manage their production data.  

The contract was executed in July 2017, and will see Chrysaor use EnergySys to deliver hydrocarbon accounting and production reporting for the North Sea assets they recently acquired from Shell. They are predicted to go live for September 2017.  

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Free the Porcupine

Sarah Gillet, the British Ambassador to Norway, recently spoke at an event in Aberdeen about opportunities in the Norwegian Sea. She gave an insight into the current environment, noting:

 

  • Production costs are down,
  • Oil price is more stable,
  • Global energy demand is increasing,
  • Plentiful reserves left on the Norwegian shelf,
  • 80 fields are currently producing – (most in North Sea, 16 in Norwegian Sea, and 2 in Barents Sea),
  • 7 new field developments are underway (worth approximately 23 billion pounds),
  • There are 5 new plans for Operation and Development.

 

While the above is always good to hear, what I found most interesting about Sarah’s talk, was her reference to the Darwinian Theory; stating “it’s not the strongest that survive, but those most susceptible to change”.

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Incremental Improvement

I recently attended an Oil & Gas UK Business Outlook Breakfast Briefing, where the phrase of the day was ‘cautiously optimistic’.

We’ve seen in the news that North Sea operators are reviving, the biggest story being the recent Hurricane Energy discovery near Shetland. The briefing figures showed that unit costs are down and profits/projects are on the rise. People seem to be getting better at doing more with less.

Indeed, the atmosphere at the breakfast was far more convivial than the last I attended back in December 2015.

All very positive, however, we still have a long way to go. So, how do we go forward from here?

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Dubai Supply Authority Select EnergySys

EnergySys Ltd is delighted to welcome the Dubai Supply Authority (DUSUP) to the growing number of oil and gas companies using the market-leading EnergySys platform.

 

The contract was executed in January 2017 and will see DUSUP use the platform to manage their gas pipeline operations data.

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Interview with our Technical Director, Peter Westwood

Following his renewed appointment to the 2017 Executive Team for the PRODML SIG Standards Development, we caught up with Peter Westwood, Technical Director for EnergySys, to find out more about the work of the SIG.         Q1 – Congratulations on your inclusion in the PRODML SIG Executive Team for the third year in…

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Peter Westwood Appointed to the PRODML Executive Team

  We are delighted to announce that Peter Westwood, Technical Director at EnergySys, has been appointed for the third time to the 2017 Executive Team for the PRODML Special Interest Group (SIG).   PRODML is a family of  XML and Web Services based standards from Energistics, specifically designed for the upstream oil and gas industry.…

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