NeoFirma, the leader in online services for business information management, today launched NeoFirma OperationsMaster, a combination of online services and service providers that provide up-to-date exploration and production information on a global basis. In an industry first, organizations’ staff, partners, and service providers can keep each other informed via their own private databases and company Web sites at all times, regardless of location.

The service is easy to use, economical, and features “bank-level” security that encrypts and protects all information. Components of the launch include:

• NeoFirma’s OperationsMaster Service – used by Exploration and Production (E&P) Operators and their partners, OperationsMaster is a comprehensive toolset, including reports, charts, and automatically created Excel spreadsheets for production, exploration status, drilling and completion, workover/maintenance logs, and prospects. Information is available anytime and anywhere with complete security.
• Online well files – NeoFirma’s WellVault provides a secure online storage facility for all electronic files generated during a well’s life cycle from prospect to eventual sale or shut in. Archived daily, with off-site long-term storage, NeoFirma stores and manages all well files, delivering instant access via each client’s Web site.

An alliance of leading service providers using NeoFirma’s services, including Crosstex Energy Services, Banks Information Solutions, Inc., Carr Environmental Group, Inc., and Haas Petroleum Engineering Services, Inc. These partners all use NeoFirma’s services to provide professional online delivery of their services and customer support.

“Managing well assets is hard work. NeoFirma, with our partners, provides the best collection of online tools, well information storage, and best-in-class services that make managing assets easier and more economical without requiring additional in-house IT support,” said Mark Smith, NeoFirma’s Founder and Chief Strategic Officer. “Executives can now improve their business results by getting the information they need to run their company more efficiently and keeping partners informed at all times.”

A consistent feature of NeoFirma’s services is ease-of-use. All services are accessible via simple Web pages. Additionally, each client’s site is customized with their own look and feel. During the installation process, NeoFirma collects the client’s current corporate look and spreadsheets to ensure the solution looks as close as possible to the client’s current communications.

“NeoFirma’s information management services allow us to use a single, online facility to manage our well assets from prospect and exploration through production and eventual asset exit,” said Bryan Pershern, Chief Executive Officer of Oracle Resources. “With NeoFirma’s per-well pricing model, their service is economically compelling even though we’re just starting our first drilling program.”

NeoFirma’s ability to provide easy to use and convenient online information management extends beyond E&P operators to the energy industry’s service providers as well. By using the same database technologies and online client support facilities, NeoFirma’s partners deliver a higher level of service with faster, more professional access for their customers.

“The information in our gas treating business is powered by NeoFirma. As a leader in the industry, we depend on NeoFirma’s online services for up-to-the-minute operations information in the field and at our corporate headquarters,” said Bob Purgason, Executive Vice President and Chief Operating Officer of Crosstex Energy Services. “With our NeoFirma partnership, we are jointly offering our treatment services directly to NeoFirma’s clients, with a goal of delivering 100 percent uptime.”

Reliable online operations are critical for all of NeoFirma’s clients. They require a professional service that does not require incremental IT assistance for managing operations information, support, and data archiving. NeoFirma delivers all this and more with each client site tailored to their exact needs.

"Currently, our clients must submit well performance information to us via paper and emails," said Bob Haas, President of Haas Petroleum Engineering Services, Inc. of Dallas. "Our NeoFirma service allows us to deliver well appraisals to our clients faster, easier, and with a more professional and secure experience. Now, partnering with NeoFirma means that we can exchange reserve information online with NeoFirma's existing clients, as well as our own, during both exploration and production phases of their operations, saving them time and money."

NeoFirma will upgrade existing clients at no charge to the OperationsMaster^SM service and will introduce clients to each of NeoFirma’s latest partners.