Tibco Software showcased its new Well Development Optimization solution (WDO) at its 5th annual energy conference in Houston this month. WDO is used by multinational oil and gas companies to integrate business processes associated with geoscience, drilling, land management and reservoir management systems. WDO speeds cycle times from prospect to first oil by facilitating communication between asset team members.
Tibco VP Jeff Summers said, “Leading upstream oil and gas companies are selecting Tibco solutions to control information assets across organizational boundaries and to maximize the value of proven reserves.
Tibco products interoperate with other vendors’ solutions and deployment environments, such as J2EE and .NET. Tibco participates in standards bodies such as OASIS and W3C and is currently working to define a new Business Process Execution Language for Web Services (BPEL4WS).
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