Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, on Sept. 16 said that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.
Brazos is a growth-oriented, Delaware Basin-focused oil and gas company that operates 1,000 miles of gas gathering pipeline and 75 miles of crude pipeline. With three plants in Brazos’ natural gas processing complex and a total operated processing capacity of 460 MMcf/d, the company needed a software partner to help manage all of its gas gathering and processing requirements.
“When it came to our system selection, Quorum was the clear choice based on their deep industry experience, knowledge of the midstream business and their understanding of Brazos,” John Souders, controller at Brazos Midstream, said. “We appreciated Quorum’s partnership approach and openness to work with us towards a solution. With myQuorum TIPS, we will be saving roughly 30 hours per month and completing our end-to-end settlement process a lot faster.”
Recommended Reading
Report: White House to Slow Approval on Calcasieu Pass LNG Terminal
2024-01-24 - Administration officials say the effect on climate change will be added to considerations.
FERC Says 32 Bcf/d in US LNG Capacity Approved, Not Yet Built
2024-01-29 - The FERC—which has jurisdiction over the siting, construction and operation of LNG export facilities in the U.S.—reported that 18 projects worth 32 Bcf/d of export capacity have obtained approval but are yet to be built.
Battalion Oil Non-compliant with NYSE American
2024-01-10 - Battalion Oil expects to soon regain compliance with NYSE American’s continued listing standards following the annual meeting of stockholders in February.
SEC Targets SPACs with New, Enhanced Disclosure Rules
2024-01-25 - SPAC IPOs and de-SPAC combinations became a popular means for private companies to access the public markets during the pandemic. Regulators aim to make the SPAC process closer to a traditional IPO.
BOEM Adjusts Monetary Penalties for Oil, Gas Companies
2024-01-25 - BOEM’s adjustment is based on a 2015 act that requires annual inflation adjustments.