Grayson Mill Energy Selects Quorum Software’s Enersight to Streamline Field Development PlanningJune 21, 2022
Enersight’s unique field-based view improves transparency for all stakeholders
HOUSTON, June 21, 2022 – Quorum Software (Quorum), a global software leader dedicated to the energy industry, today announced that Grayson Mill Energy has selected Enersight to improve its operational efficiency by utilizing its robust production and economic forecasting to manage the increasing complexity of field development planning.
Grayson Mill Energy (Grayson Mill) is a Houston-based exploration and production company focused on the acquisition and development of oil and gas assets within various U.S. unconventional resource plays. Grayson Mill has a returns-focused strategy to acquire the best rock and drill industry-leading wells with high rates of return, which is underpinned by the need for a robust data management process.
“With Quorum’s Enersight solution, our team will be able to apply deferred downtime to date ranges and share the forecast with all stakeholders involved, which is a major efficiency gain,” said Evan Luke, Senior Reservoir Engineer at Grayson Mill. “No other platform on the market provides the same level of accuracy and flexibility as Enersight, which made the decision to choose Quorum an easy one.”
With a key focus on operational efficiencies and capital returns, Grayson Mill Energy was seeking a method to apply downtime in their forecasting to ensure the most accurate data for scheduling and planning decisions. With Enersight’s advanced data connections, downtime is applied automatically to schedules and merged with project forecasts for improved transparency across all teams. Additionally, Enersight’s automated scheduling and planning features allow Grayson Mill Energy to make short-term drilling decisions that enable simultaneous operations, a must-have to ensure project turnaround times.
“Our vision is to connect the global energy ecosystem with cloud-first software and decision-ready data to optimize profitability and growth,” said Paul Langenbahn, President of Quorum Software. “Our technology provides a level of automation and stakeholder transparency that will help Grayson Mill improve planning, eliminate manual processes, lower costs and increase customer trust.”
Learn more about how Quorum’s integrated asset planning solutions help companies like Grayson Mill, by visiting https://www.quorumsoftware.com/products/asset-planning.
About Quorum Software
Quorum Software is a leading provider of energy software worldwide, serving more than 1,800 customers across the entire energy value chain in 55 countries. Quorum’s solutions power growth and profitability for energy businesses by connecting people, workflows, and systems with decision-ready data. Twenty years ago we delivered the industry’s first software for gas plant accountants, and today our solutions streamline business operations with industry forward data standards and integrations. The global energy industry trusts Quorum’s experts and applications to successfully navigate the energy transition while delivering value today and into the future. For more information, visit quorumsoftware.com.