myQuorum

myQuorum is a suite of energy software solutions designed to streamline and optimize business operations in the energy industry. According to the vendor, myQuorum provides decision-ready data, capabilities, integration, and automation to help energy professionals in the upstream and midstream sectors, oil and gas operators, energy service companies, pipeline operators, and natural gas processors manage their operations effectively.

Key Features

Planning Space Dataflow: According to the vendor, this feature allows users to accelerate planning with customized data entry documents, hierarchical data access, and version comparisons. It enables capturing investment opportunities, considering multiple what-if situations, and comparing investment scenarios to make informed petroleum planning decisions.

eONE: According to the vendor, eONE helps users understand cashflow, track credit liability, streamline order to cash, and improve decisions surrounding supply/demand balancing with integrated accounting workflows and detailed inventory volume management.

Energy Components Upstream Management: The vendor claims that this feature allows users to duplicate real assets within a flexible graphical environment, gain total control of their entire asset, and automate the build of large-scale, complex models.

Gas & Liquid Measurement: According to the vendor, this feature streamlines measurement processes, ensures data integrity, and provides operational indicators. It enables balancing systems at the product and component levels and maintains compliance with industry calculation standards.

Gathering & Plant Accounting: The vendor states that this feature streamlines gathering and plant accounting processes, simplifies contract and confirmation processes, manages distribution of revenues, and performs allocations with the industry's most adopted allocation engine.

My Quorum Accounting: According to the vendor, this feature automates calculation and distribution of values, streamlines division order processes, prepares cost estimates, manages inventory, and generates financial and regulatory reports.

Enersight: The vendor claims that Enersight enables accurate production forecasting, rapid testing of 'what-if' scenarios, and capturing the operational intricacies of assets. It also provides performance metrics and easy-to-use reporting for informed business decisions.

My Quorum Land: According to the vendor, this feature accelerates lease acquisitions, manages the entire lifecycle of assets, simplifies land management, and provides more out-of-the-box features for mapping and security.

Optimize Plunger Lift: The vendor states that this feature allows users to review plunger performance, improve efficiency by analyzing and adjusting performance remotely, and manage well communication systems from a centralized location.

Manage Communications Remotely: According to the vendor, this feature enables users to configure communication protocols, monitor and manage well communication systems, and ensure reliable communication between field equipment and control systems.