GLJ Petroleum Consultants is to take a stake in Calgary-based Visage Information Solutions, a provider of visual analytics software to the oil and gas industry. The deal is said to bolster both companies’ offerings in oil country big data analytics. GLJ CEO Jodi Anhorn said, ‘As an early adopter of Visage we have been impressed by the software’s power. The software team fits our culture and understands the role of big data in the energy industry.’
Visage provides ‘self-serve’ visual analytics to the oil and gas vertical using both public and proprietary data to improve decision making and strategy of producers, investors and financiers. Visage provides an infrastructure layer to public and in-house systems from third party vendors though its ‘Dynamic ETL Technology’ that assembles information on the fly and offers ‘in-memory’ data processing.
Visage recently teamed with Canadian data provider Geologic Systems to investigate production from British Columbia’s prolific Monteney natural gas province. The study showed how horizontal well azimuth influences production and helped identify the Monteney’s ‘sweet spots’ (OITJ Oct 2011). More from Visage and GLJ.
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