UK-based Tullow Oil has selected Palantir Solutions’ toolset to optimize its oil and gas asset portfolio. Tullow is to deploy PalantirCash for petroleum economics and PalantirPlan for its portfolio optimization and visualization. The combined solution will provide a ‘dynamic, consistent and accurate view of Tullow’s complex and expanding portfolio.’
The Palantir suite also allows investment strategies to be compared and potential acquisition targets evaluated.
Pete Dickerson, head of commercial planning and economics with Tullow said, ‘Palantir enables us to gain a wider understanding of our portfolio and improves the way we conduct our business planning and strategy process. We can analyze and perform sensitivity analysis on different aspects of our business from high level corporate decisions to individual assets evaluations.’
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