#United States #Houston #Mosaic #Omnira Software #PDQ Decisions

Omnira Software Enhances Its Product Suite

Omnira Software™, known for rapidly advancing planning and reserves management solutions, is thrilled to inform its customers about a new strategic alliance with PDQ Decisions™, a leader in portfolio optimization and reserves management. This partnership aims to globally distribute the PDQportfolio™ and PDQreserves™ software, elevating Omnira's existing capabilities in the oil and gas sector.

The motivation behind this partnership aligns with Omnira’s mission to assist oil and gas enterprises in refining their capital investment strategies. By integrating PDQ's solutions into its renowned flagship product, MOSAIC™, Omnira is poised to offer a comprehensive suite that provides extensive portfolio analysis and optimization tools.

With the increasing adoption of MOSAIC among clients to aid in corporate planning and reserves workflows, the addition of PDQportfolio's capabilities will further enhance the analytical framework available to users. Clients will benefit from the ability to perform sophisticated multi-objective optimizations, allowing them to navigate various capital investment strategies under diverse constraints. This flexibility enables companies to identify the most effective balance between risk and returns in their portfolios. Francisco Gomez, CEO of Omnira Software, expressed his enthusiasm, stating, “I am excited that we are delivering new capabilities to our clients, which will ultimately help them reach their strategic goals.”

A Comprehensive Solution for Reserves Management

The collaboration with PDQ Decisions positions Omnira as the leading one-stop platform for reserves management. Clients can rely on Omnira not only for general forecasts and planning but also as a robust solution capable of streamlining reserves reporting challenges.

Through PDQreserves, the firm facilitates a smooth transition for clients moving away from in-house reserves management systems to a state-of-the-art, off-the-shelf solution. This integration ensures that clients continue utilizing their legacy petroleum economics tools while also fulfilling their immediate reserves management needs.

Omnira's offerings are tailored to adapt to evolving industry standards and unique requirements of the energy sector, further ensuring long-term support for its clients. Omnira Software's product suite, which includes MOSAIC, VERDAZO™, ASSET PLANNER™, along with the newly integrated PDQportfolio™ and PDQreserves™, is designed to bolster essential Engineering Processes (EP)
functions such as reserves management, planning, forecasting, and other operations. By doing so, the software delivers superior efficiency, enhanced data reliability, and actionable insights, enabling better decision-making for its users.

In conclusion, Omnira Software stands at the forefront of revolutionizing the planning and reserves management landscape. The partnership with PDQ Decisions signifies not just a strategic move but a commitment to providing the oil and gas industry with the innovative tools necessary for navigating an increasingly complex financial environment. The future now looks bright for Omnira's clients, as they can leverage enhanced capabilities and make informed strategic decisions with confidence.