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Press Releases

Current Press Releases

Quorum Software Introduces Cloud-Based Oil and Gas Document Management with myQuorum DynamicDocs

October 08, 2019

Quorum announces the release of myQuorum DynamicDocs, a cloud-based document management system purpose-built to make oil and gas operators more secure, agile and compliant.

Quorum Strengthens Executive Team with Focus on Software Development and Financial Growth

September 25, 2019

Quorum Software, the leader in digital transformation for the oil and gas industry, announces the appointments of Tom Lacy to Executive Vice President of Engineering and Clay Myers to Chief Financial Officer.

PwC Canada and Quorum Software to Accelerate Digital Transformation for Midstream Companies

September 10, 2019

Quorum Software and PwC Canada collaborate on digital transformation initiatives for the midstream sector of Canada’s oil and gas industry. The new joint business agreement drives efficiency for midstream oil and gas companies with Quorum software solutions paired with PwC Technology Advisory services.

Quorum Software Acquires OGsys

August 21, 2019

Quorum Software announced today that it has acquired Fort Worth-based OGsys, the leading provider of cloud-based oil and gas accounting software for small and medium-sized businesses. Quorum’s acquisition of OGsys complements its accounting solutions for mid-market and enterprise companies with upstream accounting software designed for growing businesses.

Titan Rock Exploration & Production Selects Quorum for Upstream Oil and Gas Solutions that Drive Growth

August 14, 2019

Quorum Software announced today that Titan Rock Exploration & Production, a private equity-backed upstream company based in Dallas, selected Quorum’s upstream oil and gas solutions to support its assets. To accommodate current operations and position the company for future growth, Titan Rock chose Quorum's cloud-based production allocations and reporting, SCADA monitoring and land management solutions, which scale with the needs of startup operators.

Quorum Software Acquires Archeio Technologies

June 19, 2019

Quorum Software announced today that it has acquired Dallas-based Archeio Technologies, the leading provider of oil and gas document classification and smart search technology. The acquisition expands and strengthens Quorum’s industry-leading software and services with a cloud-based document management tool built to make oil and gas operations more secure, agile and compliant.

Quorum Software Announces Spring 2019 Release of MOSAIC

May 29, 2019

Quorum Software announced the latest release for its MOSAIC reserves and economics software with added functionality and performance improvements. With over 100 customer- and market-driven enhancements, MOSAIC delivers greater accuracy, flexibility, and productivity to Quorum customers.

Quorum Software Completes Acquisition of Coastal Flow Measurement, Inc. and Flow-Cal, Inc.

March 19, 2019

Quorum Software announced that it has completed the acquisition of Houston-based Coastal Flow Measurement, Inc. (Coastal Flow), a family of energy measurement services and software companies. This transaction includes Flow-Cal, Inc. (Flow-Cal), a subsidiary of Coastal Flow that provides gas and liquid measurement software purpose-built for the hydrocarbon measurement industry.

Quorum Software Acquires Coastal Flow Measurement, Inc. and Flow-Cal, Inc.

February 26, 2019

Quorum Software has announced that it has entered into a definitive agreement to acquire Houston-based Coastal Flow Measurement, Inc. (Coastal Flow), a family of energy measurement services and software companies, including its information services and technologies subsidiary, Flow-Cal, Inc. (Flow-Cal).

Quorum Wins Two Product of the Year Awards from Oil & Gas Engineering

December 13, 2018

Quorum Software has announced that two of its products have received the 2018 Product of the Year Award by Oil & Gas Engineering, which recognizes significant innovation and advancement in technology and best practices.

Quorum Software Appoints Gene Austin as President and CEO

December 11, 2018

Quorum Software announced the appointment of Gene Austin as President and Chief Executive Officer.

Quorum Appoints Charles Goodman as Executive Chairman of the Board

November 02, 2018

Quorum Software announced executive leadership changes with the retirement of Perry Turbes, CEO and appointment of J. Charles Goodman as Executive Chairman of the Board of Directors.

Quorum Builds Direct Data Connection to Drillinginfo to Deliver Greater Efficiency for Production Engineers

November 01, 2018

Quorum Software announced new functionality in MOSAIC™, the industry’s only all-in-one reserves management, economics, budgeting, capital planning, and decline analysis platform. The latest enhancement allows customers to quickly load monthly production data from Drillinginfo into MOSAIC, which reduces the effort required for data transfer and improves data confidence by ensuring that the data used for forecasting and comparison is from a system of record.

Quorum Software Releases myQuorum Data Hub to Maximize the Value of Data for Energy Companies

September 12, 2018

Quorum Software has launched its next technology evolution with myQuorum Data Hub, a platform extension, which helps companies realize the strategic value of their most critical asset – information.

Quorum Software Continues Growth, Strengthens Presence in Denver

August 28, 2018

Quorum Software, announced it will open a new regional office in Denver, Colorado. With more than 30 customers in the Denver area, Quorum’s new office will bring local leadership to the region and further solidify the company’s longtime presence in the Denver market.

Three Span Oil & Gas Elevates its Obligation Management with myQuorum Land On Demand

August 22, 2018

Quorum Software recently announced Three Span Oil & Gas, a small, independent oil and gas exploration and production company out of Midland, Texas, as the latest company to implement myQuorum Land On Demand. The company values the user experience of the myQuorum platform and Quorum’s commitment to obligation management.

Thoma Bravo to Acquire Quorum Software

August 13, 2018

Thoma Bravo, LLC, a leading private equity investment firm, today announced that it has agreed to acquire Quorum Software, the leader in digital transformation for the oil and gas industry, from Silver Lake.

Quorum Software Recognized as a 2018 HFS Hot Vendor by Top Global Research Firm

July 31, 2018

Quorum Software announced it has been named a Hot Vendor by the global research firm, HFS Research. The report, titled “The HFS Hot Vendors Q2 2018,” designated five vendors, including Quorum, for a period of one year from Q2 2018 – Q2 2019.

Quorum Builds Direct Import from KAPPA to Streamline Workflows for Engineers

July 23, 2018

The latest enhancements to MOSAIC™ by Quorum Software improve data management and well analysis for engineers through integration with Citrine, a field performance analysis software from KAPPA.

New Quorum Software Whitepaper Explores Evolutionary Versus Revolutionary Approach to Delivering the Digital Oil Field

July 20, 2018

Quorum promotes platform-based strategy advocating agility over disruption as the path for oil and gas companies to adopt software innovation in its latest whitepaper, along with report from Market Research Firm.