Oil and gas economics boutique Palantir Solutions is teaming with reservoir evaluations specialist Fekete Associates on a ‘seamless’ workflow spanning technical analysis, economic, financial and portfolio planning. Fekete’s FAST Harmony is to be interfaced with PalantirCASH. Harmony offers reserves evaluation and production analysis while Cash provides economic valuations of global portfolios.
Fekete VP Kevin Dunn said, ‘We are working with many progressive producers who want the efficiency and reliability that this solution will provide. The first implementations of these tools will give early adopters a competitive edge in the market.’
Feteke’s production forecasts flow directly into Palantir’s cashflow and portfolio models resulting in an integrated planning system that is ‘responsive and dynamic.’ Changes in the technical or commercial environment can be modeled and updated on the fly as new business opportunities arise. More from fekete.com and palantirsolutions.com.
© Oil IT Journal - all rights reserved.