Alliance offers turnkey petroleum property management services to upstream industry

The Ryder Scott-OilExchange alliance offers a turnkey service package to upstream oil and gas companies for petroleum property management. The package combines reservoir geology and engineering services and E&P data management. 

OilExchange Inc. provides digital data-presentation services and technologies in online and CD-ROM media. This includes secure, interactive data rooms accessible over the Internet. Under the agreement, Ryder Scott Co. L.P. provides reservoir evaluation, management and advisory services to OilExchange clients. OilExchange also offers data management of the Ryder Scott work product and its derivatives. 

OilExchange is the only provider of completely ASP-driven services for the management of worldwide oil and gas assets.

The data-room service is used in acquisition and divestiture work, in review and analysis of data shared among operating companies and between consultant and client as well as in other projects. For instance, Ryder Scott and a client thousands of miles away can simultaneously review live data on the OilExchange server. The cost savings in reduced travel and time are tremendous. Because the highly flexible system accommodates a wide range of data and software, evaluators perform analyses in disciplines from geophysics to cash-flow economics. 

For additional information on ether the services provided by the alliance or the alliance partners, please contact:

 

OilExchange Inc.
David R. Nelson
Chief Operating Officer
Phone 303.825.0775
sales@oilexchange.com
Ryder Scott Co. L.P.
John Hodgin
Executive Vice President
Phone 713.651.9191, ext. 247
info@ryderscott.com

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