Chrysaor has signed a deal last month to use the EnergySys Cloud Platform to manage their production data.
The contract will see Chrysaor use EnergySys to deliver hydrocarbon accounting and production reporting for the North Sea assets they recently acquired from Shell. They are predicted to go live for September 2017.
Chrysaor, formed in 2007, is an exploration and production company focused on the development and commercialization of dormant oil and gas discoveries and incremental reserves.
“We have a great deal of experience swapping out inflexible, expensive, traditional software with our more agile platform, and look forward to working with Chrysaor to achieve their business goals," says Dr Peter Black, managing director, EnergySys.
"Following our acquisition of Shell's North Sea assets, we quickly realised the existing production data management system was not fit for purpose. We required a system with high levels of flexibility, automation, stability, and security. EnergySys was the only solution that delivered everything we need, with the ability to turn it around and meet our incredibly tight deadline," says Chrysaor Transition Senior Contracts Engineer Alex Graham.
The Shell and Chrysaor deal includes Shell’s interests in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Block, the Greater Armada cluster, Everest, Lomond and Erskine. It also includes a 10% stake in Schiehallion.
EnergySys has been delivering services to the oil and gas industry for over 15 years. It is a pioneer in the provision of cloud services for the industry, and is a market leader in its field, says the company.
According to EnergySys, the standard platform is completely configurable, which creates a perfect environment for data management and reporting of complex or non-standard assets. Everything, including the way data is imported and stored, and all business logic, can be configured and extended by the end-user, without the need for specialist programing skills. EnergySys is recognized as the best and most economic option for enterprises that require a secure, flexible system that can accommodate rapid change. It can provide a return on investment in weeks or months, not years.
The implementation of EnergySys for Chrysaor will be carried out by Accord Energy Services.
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