GuildOne Inc Announces The Release Of Synergy2 Asset Optimization Software For The Oil and Gas Industry
May 6, 2005 -- GuildOne Inc., an innovative software company focusing on asset optimization, business analysis and reporting for the Oil and Gas sector, is pleased to announce the release of its latest version for their flagship software Synergy2.
The latest version brings to the market a series of new and improved ways to capture, analyze and report on key data that rationalizes and confirms revenue flow and production. Synergy2 is a real time resource that allows customers a global view of their asset holdings and any attributes associated with those holdings. It allows users to confirm volumes, status, trends, dynamics and exceptions between various applications and
data sources , identification of the "busts" and potential corrections in the asset data chains and the ability to monitor on a business as usual manner.
"This is a significant milestone for the company and our clients," says Bob Lenaghan, EVP, GuildOne, "The release encompasses a tremendous amount of industry expertise that is specific to the Oil & Gas marketplace, that expertise is both internal and external, external being our customer partners who direct and guide the future of the application, the business needs. Some key enhancements added are the Trend Analysis, Decline Analysis, Dynamic Hierarchy, Gross Over-Ride Revenue (GORR) analysis, which has already recovered significant revenue for one customer, Document attach, Graphing from multiple
data sources and mapping enhancements too numerous to describe.
Futures include the Asset Manager which will assist companies to comply with Canadian Regulatory requirements including proposed MI 52-111 (CSOX) as well as some additional functionality to aid in the compliance reporting."
"What is also very exciting is the ability to leverage Synergy 2's current functionality and planned futures into other market segments such as Utilities, Telecom, Healthcare and the Manufacturing. We fully expect to be delivering these other vertical solutions in the near future." says Lenaghan.
The Synergy2 product acts as a data hub, your linkage to multiple disparate systems,
data sources , through all Business Units and at the corporate level, analyzing of asset data adhoc query, reporting via template reports available or "MY Templates" produced by users - a Cost Effective, Proven and Scalable business resource
"Our implementation of the product has resulted in an ROI of 366% to date, but we expect that number maybe 3 or 4 times higher when we are finished," says Charlene Jamieson, Manager, IS, Penn West Petroleum Ltd. "It has helped us gain a better insight into our business processes and allows us to act quickly on information we know is complete. We are currently utilizing more than 140 report templates from the program in addition to the ad-hoc capabilities."
About GuildOne
GuildOne is an innovative software company that delivers comprehensive, robust solutions to meet its customers most demanding requirements. Synergy2 is their flagship product designed for the Oil & Gas industry by Oil & Gas experts. For more information on GuildOne and Synergy2 please contact us at
e-mail protected from spam bots or 403-355-8902. Or visit our website at
www.guild1.com.
GuildOne Inc Announces The Release Of Synergy2 Asset Optimization Software For The Oil and Gas Industry