HOUSTON, Texas (11 November 2024) – TGS, a global leader in energy data and intelligence, has partnered with Blue River Analytics, creators of the Analytics for Energy (A4E) Suite on the Spotfire platform. This collaboration integrates TGS’ premium production, completions and cost data directly into the A4E Suite, providing E&P companies with an efficient way to access, analyze and forecast well data. By combining TGS’ industry-leading data with Blue River Analytics’ innovative platform, joint customers benefit from streamlined workflows that deliver actionable insights and highly accurate forecasts in minutes.
Energy professionals, reliant on timely and reliable data for informed decisions, can now seamlessly access TGS datasets within Spotfire, taking advantage of Blue River Analytics' advanced valuation and forecasting workflow features. This solution removes the need for manual data preparation, enabling sub-surface teams with capabilities like advanced decline curve analysis, auto-detect workovers, probabilistic Markov Chain Monte Carlo (MCMC) forecasting and reserves import/export. By accelerating decision-making and delivering unparalleled insights, this collaboration gives energy professionals a competitive advantage in today’s market.
David Hajovsky, Executive Vice President of Multi Client at TGS, stated, "This partnership diversifies how operators leverage our comprehensive data library. By integrating TGS data directly into Blue River Analytics' templates—we're not just saving our customers weeks of time—we're fundamentally improving how they build and update their economic models. This seamless data delivery exemplifies TGS' commitment to providing solutions that drive efficiency and value for our customers."
John Buckley, Founder and CEO of Blue River Analytics, commented, "In today’s fast-paced energy landscape, rapid, seamless access to high-quality data is essential for confident, data-driven decision-making. Our partnership with TGS and the integration of the A4E Suite in Spotfire eliminate traditional data access barriers, equipping E&P companies, mineral companies, banks and private equity firms with streamlined workflows that deliver laser-accurate forecasts in minutes."
Spotfire is the gold standard in oil and gas analytics. Why not leverage what you already own? This collaboration empowers our clients to focus on what truly matters: generating actionable insights in Spotfire that drive operational success.
TGS holds the industry’s largest well data library, with over 100 years of public and non-public sources. This collection uniquely combines vast volumes of quality-controlled well data with proven expertise. For more information, visit TGS Well Data at https://www.tgs.com/well-data-products/well-data.
The A4E Well Spacing tool automates spacing measurements, offering an easy-to-use interface in Spotfire. It calculates well density using user-defined ellipses, analyzes parent-child relationships and degradation over time, and provides traditional X, Y, Z spacing measurements.
About TGS
TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).
About Blue River Analytics
Headquarters in Denver, CO, Blue River Analytics is at the forefront of the oil and gas analytics industry, transforming how energy data is managed and analyzed. As the last independent boutique specializing purely in Spotfire, our dedication to providing unparalleled service remains unwavering. With a world-class team and a passion for excellence, we take pride in delivering exceptional value to our esteemed Clients and driving innovation in the energy sector. Learn more at https://blueriveranalytics.com/
For media inquiries, contact:
Bård Stenberg
IR & Business Intelligence
investor@tgs.com