CALGARY, Alberta--(BUSINESS WIRE)--RS Energy Group (RSEG), the leading provider of energy technology and advanced analytics, achieves blended data milestone with Anadarko Petroleum Corporation’s (APC) Advanced Analytics and Emerging Technologies (AAET) team by integrating proprietary analytical tools with synthesized, disparate data sources.
“Harnessing technology that allows blending Anadarko’s high-resolution data with RSEG’s clean analytics-ready public data was just the start,” said Sanjay Paranji, Anadarko Vice President and Chief Technology Officer. “Now it’s about the power of the analysis and algorithms that can be executed using this high fidelity data and providing that seamlessly to our entire organization through RSEG’s RS Prism™ platform. The partnership between our Advanced Analytics and Emerging Technologies team and RS Energy Group has been extremely successful, and we expect it will continue to be a real accelerant for Anadarko’s efforts in better understanding the performance from our onshore resource plays.”
The strategic alliance is founded on a shared vision of applying technology and intelligence to solve the industry’s biggest challenges. RSEG and the AAET teams leverage data science modeling and machine learning/artificial intelligence ‘behaviors’ to the combined data sets, allowing for advanced analytics on the thousands of discrete elements that drive performance and economic outcomes.
“As a company, we are obsessed with innovation,” explained RSEG President and co-CEO, Manuj Nikhanj. “Anadarko shares that passion and is at the forefront of the industry’s digital transformation; their contributions to our roadmap and platform development over the last 24 months have been invaluable. During 2019, our collaborative data science initiatives will result in the most advanced predictive models in the industry. This will give both RSEG and Anadarko visibility into differentiated opportunities and strategies, creating immediate value for both organizations.”
About RS Energy Group
RS Energy Group (RSEG) empowers improved decisions with innovative technology backed by over 20 years of industry experience delivering advanced analytics and forensic research. Since 1998, RSEG’s dedicated team of engineers, economists, geologists, developers, CFA charterholders, data scientists and mathematicians has provided integrated, thorough and objective analysis to institutional investors, private equity firms and corporate clients. Headquartered in Calgary, Alberta, RSEG is a privately-held company with additional offices in Houston, Philadelphia, New York City and Winchester, UK.
To learn more visit www.rseg.com.
Anadarko is among the world’s largest independent oil and natural gas exploration and production companies based in The Woodlands, Texas. The company’s deep and balanced portfolio of assets encompasses premier oil-focused positions in the Delaware and DJ basins in the onshore U.S., and in the Gulf of Mexico and deepwater basins worldwide.
To learn more visit www.anadarko.com.