Boulder, Colorado, 5th June 2009 – Platte River Associates, Inc., (PRA) and Exprodat Consulting Ltd. (Exprodat) have agreed to form a strategic alliance designed to enhance PRA’s support for its GIS-based play fairway analysis software PetroAnalyst.
Exprodat, based in London, specializes in GIS within the Petroleum sector, and as such will provide key GIS support and training services to PRA’s European customers.
PRA’s PetroAnalyst software is an extension of the ESRI ArcMap GIS program, first utilized over four years ago for Petróleos Mexicanos as a way to help them effectively evaluate the `chance of success’ for plays or prospects from different basins. PetroAnalyst operates within ESRI’s ArcMap leveraging the power of this potent mapping and data analysis program. The development of PetroAnalyst opens new doors for conventional and unconventional plays and play fairways. PetroAnalyst goes from Common Risk Segment Maps (CRS) to Absolute Probability of Geological Success (Pg).
Platte’s CEO, Jay Leonard, says "We have a growing customer base of PetroAnalyst users and we have to provide them with the best support possible. Working with Exprodat will really ensure our overall customer service and support across the European region."
Exprodat’s Managing Director, Gareth Smith agrees. "As the leading Petroleum GIS experts in Europe we are delighted to be engaged by PRA to provide support and training services to their European customers. We see strong synergies between our GIS services and PRA’s leading-edge play analysis applications, and we look forward to exploring other areas of cooperation in the future."
PRA and Exprodat will share booth space (booth 1130) at the upcoming American Association of Petroleum Geologists (AAPG) meeting in Denver June 8, 9 and 10 (http://www.aapg.org/denver/).
Platte River Associates, Inc., (www.platte.com) has provided expert services and solutions to the petroleum industry for over 20 years. Platte River Associates, Inc., has best been known for their work with Basin Modeling software in 1-D and 2-D formats. PRA offers a comprehensive range of services ranging from basin analysis to prospect evaluation to resource assessment. PRA’s professional consultants have vast experience in many countries and basins around the world. PRA’s offices are located in Boulder, Colorado with associates and agents providing services and expertise throughout the world.
Exprodat Consulting Ltd. (www.exprodat.com) specializes in improving petroleum exploration and production activities within the Oil and Gas sector by creatively applying Geographic Information System (GIS) technologies. Exprodat’s support services enable oil and gas companies to benefit from the unique analysis capabilities of GIS tools. Exprodat’s unique training program focuses on using ESRI’s ArcGIS platform to improve E&P workflows, while Exprodat’s innovative software helps companies make better data driven decisions to reduce technical uncertainly and improve exploration portfolio management.
Founded in 1969, ESRI (www.esri.com) is the world leader in the GIS software industry. ESRI offers innovative solutions that help users create, manage, analyze, and display information to make timely decisions and solve problems they encounter every day. ESRI’s comprehensive product line ranges from desktop GIS to GIS for the enterprise.