Quorum MOSAIC reserves and economics software now features a first-of-its-kind connection for KAPPA Citrine field performance analysis software
CALGARY, Alberta, July 23, 2018 /PRNewswire/ -- Quorum Software, the leader in digital transformation for the oil and gas industry, announced new functionality in MOSAIC™, an all-in-one reserves management, economics, budgeting, capital planning, and decline analysis application. The latest enhancements improve data management and well analysis for engineers through integration with Citrine, a field performance analysis software from KAPPA.
KAPPA, a petroleum engineering software company, is creating the industry standard for analyzing dynamic data. MOSAIC is the recognized industry standard for reserves and petroleum economics, trusted by 60 percent of the largest Canadian producers. To capitalize on this innovation, Quorum built a direct link within MOSAIC to input forecasts from Citrine. At a time when E&P organizations are looking to create greater efficiency and make faster decisions, the connectivity between MOSAIC and Citrine will enable engineers to streamline workflows, spend more time analyzing and understanding wells and less time managing data.
"This connection is the first of its kind in Canada for Citrine users," said Erin Summers, Business Development at KAPPA. "It will greatly broaden the joint user base between economics, production, reservoir, and reserves engineers who use both applications."
"Quorum is excited to be the first reserves management system with a direct import from KAPPA," said Mike Lake, President of Quorum Entero MOSAIC. "Creating the connection between MOSAIC and Citrine advances our commitment to delivering customer-oriented innovation and building the Modern Energy Workplace."
For more information on the MOSAIC Citrine connection, please contact us at www.quorumsoftware.com/contact. For more information about Quorum's complete platform of integrated solutions, visit www.quorumsoftware.com.
About Quorum Software
Quorum Software offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. From the field to the back office, defying complexity is coded in our DNA and our software. This unmatched experience is why Quorum is the choice of eight of the largest public energy companies worldwide, 75 percent of LNG exporters throughout North America and 80 percent of all natural gas processed in the United States. Designed for digital transformation, the myQuorum software platform delivers open standards, mobile-first design and cloud technologies to empower innovation at the speed of thought. At Quorum, we're helping visionary leaders transform their business, and the energy industry, for a digital world. For more information, visit www.quorumsoftware.com.
About KAPPA
Founded in 1987, KAPPA is a Petroleum E&P software company specializing in dynamic data analysis. Our software is the industry standard used by the majority of OPCOs, service companies, independents, and consultants. We are technically driven by our desire to create the most advanced software in the industry, and we operate on all continents. Our focus is to deliver tools to help clients in the current climate of low commodity prices and lean operations. https://www.kappaeng.com/
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SOURCE Quorum
