Quorum Software Buys EnergyIQ

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Summary

The acquisition expands and strengthens Quorum’s oil and gas software and services portfolio with the leader in well lifecycle data management for upstream exploration and production (E&P) companies. Led by Steve Cooper, CEO and founder, EnergyIQ synchronizes proprietary and public data across all systems of record and stages throughout the lifecycle of a well. The platform creates a comprehensive picture of a well that expands the usage of data throughout an organization, providing value to users across all departments by de-risking decision making through information. Led by Gene Austin, chief executive officer, Quorum provides integrated solutions for its customers’ core processing demands across the upstream, midstream and downstream segments of the oil and gas value chain. The company’s portfolio of innovative software addresses a broad spectrum of energy companies’ needs, from operations to accounting, plant management, and financial forecasting.

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Energy Software SaaS Upstream and Midstream Oil & Gas Software

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