Phoenix for ExxonMobil reserves reporting (March 2003)
Petro-Softs Phoenix reserves and production reporting system has been deployed by ExxonMobil for worldwide reserves reporting.Calgary-based Petro-Soft reports the successful completion of a two year project to replace ExxonMobils legacy production reporting system. Petro-Softs Phoenix reserves management system has now replaced systems employed by the corporations predecessor companies. The Oracle-based reserves management solution was used by ExxonMobil to compile and report its 2002 global reserves replacement figures. ExxonMobils requirements included internal and external reporting, global units of measure conversion, historical data migration and the ability to work on stand-alone PCs as well as on the corporations worldwide distributed database network.
Knill
Petro-Soft president Colin Knill credited the success of the project to cooperative development saying, Through our study of ExxonMobils exacting reserves management and reporting requirements, Phoenix has been designed as a flexible tool that meets global reserve tracking and reporting needs, and which can be easily customized to meet future needs. After two years of development, Phoenix was rolled out in August 2002. The project included enhancements to base system, testing, historical data migration and data loading. More from www.petro-soft.com.