News | September 22, 2008

Upstream Professionals WellProg Pre-Drilling Solution

HOUSTON--(BUSINESS WIRE)--Upstream Professionals Inc., a consulting company that focuses on providing Well Lifecycle operations optimization for the oil and gas industry, is pleased to announce the WellProg pre-drilling solution designed to coordinate activities between departments for greater efficiencies before a well is drilled. The founders of Upstream Professionals have several years of upstream oil and gas experience focused on transforming data, enhancing workflows, processes and integrating information into useable knowledge environments that foster operational efficiencies from the well head through production

WellProg has proven to be a user friendly and valuable asset in the exploration and development of new reserves. It is an online collaboration tool that organizes the processes of drilling new wells into one trusted focal point for geoscientists, land, operations and reservoir Engineers to communicate and share information in a consistent and summarized format. Well Prognosis is designed to significantly improve the way drilling schedules are handled. By utilizing a well designed data model and user interface, rig schedules and well prognosis activities can be easily managed.

According to Mike Keil, Pinnacle Gas Resources, Inc., Operations Coordinator, "We depend on WellProg to manage the pre-drilling activities and data organization between departments before we ever spud our well. WellProg gives us a secure platform to pull all the relevant pre-drilling information together and organizes all the knowledge and data that needs to be shared between departments and with top executives. It is easy to use and customize to our unique business processes."

Jeff Dyk, CEO Upstream Professionals, had the following comments about WellProg: "WellProg is the management communication tool that will enhance the safety, efficiency, and effectiveness of your drilling program. All participating departments summarize and enter their data into WellProg. This saves your oil and gas professionals time by facilitating inter-departmental communications without having to constantly meet to share spreadsheets and paper documents. The value of the data being online and always available to add, edit, or review is superior to collections of papers and passing conversations."

Benefits:
  1. Shares Drilling Requirements between Departments
    • Covers drilling prerequisites for Land, Operations, Geologic and Reservoir Engineering
    • Pulls all relevant data into one reliable source of information that can be shared between multi-disciplined teams & departments
    • Departmental "readiness" is coordinated before drilling proceeds
  2. Drilling Safety and Efficiency
    • All expected formation, fault, and offset information is known
    • Coordinates & checks activities & tasks for completion & resource readiness
    • Rig, frac and any kind of event scheduling
    • Tracks all Regulatory permitting
    • No searching other departments for data
  3. Management Communication Efficiency
    • Fewer meetings
    • Easy online lookup and review of drilling program
    • Lease critical dates get satisfied
    • No lost leases and obligations are met
    • Easy communications between departments

Upstream Professionals is headquartered in Houston, Texas, and additional information is available at www.upstreamprofessionals.com.

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