Calgary, Alberta — March 24, 2006
3esi today announces the commercial release of RAPT version V1.01. Anadarko Petroleum and Stone Energy are the ﬁrst oil & gas companies to license this new technology.
RAPT is an efﬁciency-enhancement application that allows organizations to calibrate their ability to assess value by removing systemic organizational bias and better understand risk.
RAPT is the ﬁrst application in the esi.analyze module of 3esi’s enterprise solution. 3esi’s enterprise solution supports the E&P industry’s business processes allowing companies to:
- Drill more wells
- Select better drilling opportunities
- Manage company performance in real-time
“The most effective way to improve capital efﬁciency is to reduce the number of dry holes and non-eco- nomic wells. Organizations that have a systematic approach to value assessment have a deﬁnitive edge over the competition. RAPT, developed in conjunction with Rose & Associates, gives organizations that edge and we are happy that Anadarko Petroleum and Stone Energy have selected RAPT for their risk as- sessment needs, said Wayne Sim, CEO.
For more information about this product or any other offerings from 3esi, please contact us today at email@example.com. Let us show you how RAPT can become an valuable tool for your organization.
3esi inc. is an international E&P software and services company with headquarters in Calgary, Alberta, Canada. For more information, please visit www.3esi.com