Merrick Systems Production Software Gaining Footprint Across Unconventional Oil and Gas Shale Plays
HOUSTON – September 15, 2010 – Merrick Systems, a market leader in industrial information technology for the oil and gas industry, is growing its footprint in shale oil and gas plays, expanding the capabilities of ProCount, its hydrocarbon accounting software, to handle challenges specific to Eagle Ford Shale. A highly robust software used to perform simple to complex daily and monthly oil and gas allocations, ProCount’s allocation engine uses field measurements, liquid and gas analyses to allocate gas, oil and NGLs on a component by component basis through multiple tiers from the custody transfer points through the processing facilities and back to the wellhead.
“Merrick’s production software easily handles the unique challenges typical to oil and gas production in shale plays. Allocation results can be audited at every level of the allocation to ensure accuracy. Handling both standard volumetric and component-based allocations, our software saves clients the need to invest in two separate systems - one for production, and one for gas plants/processing facilities. ProCount accommodates all set-up and reporting necessary”, stated Clara Fuge, Merrick’s VP Production. “Our system captures measurements both electronically, using SCADA interfaces, and manually, using Merrick’s eVIN mobile field data capture solution. Vital daily production volumes allocated at the completion level are available to share across the organization and with partners within minutes of allocation, using our Carte production data management dashboard. “
Merrick has been working with leading oil and gas producers engaged in drilling and production operations across the different shale plays including Bakken, Barnett, Haynesville, Niobara and Marcellus, for a number of years. Denver based Whiting Petroleum Corporation has been a Merrick client since 2000. Whiting is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids, primarily in the Rocky Mountain states, the Permian Basin, Mid-Continent, the Gulf Coast and Michigan regions of the United States. The Company's largest projects are in the Bakken and Three Forks plays in North Dakota and its enhanced oil recovery fields in Oklahoma and Texas. “As a rapidly growing independent producer, Whiting needs software and services that can scale and grow with us. Merrick’s software offers us the quality and breadth of services that we require to keep up our high operational standards, reflecting Merrick’s understanding of the unique challenges associated with processing and managing large volumes of data and serving our need to optimize and report on our operations accurately and in a timely manner” says James Brown, Senior Vice President Operations.
Merrick’s production software packages, used in over 20% of oil wells in the US and around the globe, include field data capture for volumes, inspection and maintenance, production operations, hydrocarbon accounting, regulatory filings and web-based management reporting. To help optimize the application of their strategic resources without compromising the quality and efficiency of their operations, Merrick’s clients can choose to install the software at their location or have Merrick host the solution.
Merrick Systems is an established market leader in industrial information technology for the oil and gas industry, providing software, electronics and professional services. Addressing production, engineering and asset tracking, Merrick’s integrated applications include field operations management; field data capture; hydrocarbon production accounting; mobile computing for field and drilling operations and ruggedized RFID for drilling and asset management.
To learn more about Merrick’s activity in shale plays, visit www.MerrickSystems.com.
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