A new Solution Offers Reserves Planning, not Just Reserves Reporting

LONDON, October 23, 2014 /PRNewswire/ --

Palantir Solutions is pleased to announce the launch of a new reserves management and planning solution, PalantirRESERVES.

PalantirRESERVES is powered by PalantirDATAFLOW, a data management planning platform. Reserves Managers are now able to track changes to their reserves portfolio in real-time by simultaneously collecting inputs and analysis from the Reservoir Engineering team. The solution has the capabilities to tightly link the reserves reporting processes to ongoing operational and strategic functions within an Oil and Gas company.

Jason Ambrose, Managing Director of Palantir Solutions states:

"PalantirRESERVES was initiated as the original solution around PalantirDATAFLOW. The reserves reconciliation and reporting process is a critical process for O&G companies. We developed PalantirRESERVES because there were no solutions on the market that could incorporate data management with the reserves reconciliation and reporting process."

Mr. Ambrose furthers his statement by explaining that the combination of the two tools creates a reserves management platform, allowing organizations to streamline the reserves planning process.

For more information on this reserves management and planning solution, please visit http://www.palantirsolutions.com/reserves

Notes to editors: 

Palantir Solutions is a leading, global provider of integrated, dynamic planning software and services to the upstream oil and gas industry. Palantir's range of solutions and consulting services transform business planning by connecting technologies, functions and processes across the enterprise to enable faster decision-making based on trusted data. For further information, visit http://www.palantirsolutions.com.

Enquiries:
To arrange an interview or for further information please contact:
Kate McEvoy
T: +44(0)207-901-3700
E: pr@palantirsolutions.com