NeoFirma announces that it has signed a license agreement for its oil & gas software with Fort Worth based Chisholm Energy. The recently launched exploration and production company selected NeoFirma’s drilling software to manage wellsite operations and optimize field costs. Chisholm Energy also selected NeoFirma’s production software suite, which enables the E&P to monitor operations, generate and share production reports, and capture field data using NeoFirma FieldApp, a recently unveiled mobile app for Apple devices. A case study has also been released detailing use cases of the software at Chisholm Energy.
Chisholm Energy is focused on unconventional development in New Mexico’s Delaware Basin where it holds 30,000 net acres and operates 139 wells. Key to its growth strategy is the adoption of advanced technologies. Cost-efficient management of its drilling program, operational efficiency, and the ability to respond quickly to production issues were key factors in the selection of NeoFirma.
By selecting both NeoFirma drilling and production software modules, Chisholm Energy is now able to manage wells across their lifecycle from one platform. This includes management of drilling, completion, workover, and maintenance as well as the management of producing wells and facilities. The software supports critical business workflows, production accounting, and regulatory reporting. Chisholm Energy also uses NeoFirma’s software to track more than 100 non-operated wells. 35 staff and contractors are currently using the software in its field and corporate offices.
A case study is available with additional details on how NeoFirma’s software is being used at Chisholm Energy. To view the document please visit www.NeoFirma.com/case-studies/Chisholm-Energy