TULSA, Okla., July 22, 2015 – Stonebridge Consulting, the leading provider of business advisory and technology services for next-gen oil and gas, today announced that Denver-based Extraction Oil and Gas has selected Stonebridge’s Peloton Services. Extraction will be implementing Stonebridge’s Well Ready and Site Ready accelerators and leveraging Stonebridge’s data cleansing and conversion services in support of a recent acquisition.
“We are very excited about adding Extraction Oil and Gas to our growing Peloton business,” said Kate Stevenson, Enterprise Director of Stonebridge’s Peloton Services. “Recent contract wins provide market validation of our ‘Peloton Ready’ approach and the business value of our accelerators, which allow our clients to more quickly optimize their Peloton implementation, data conversion, and/or upgrade experience.”
Denver-based Extraction Oil & Gas, LLC is a private equity-backed, domestic energy company focusing on the exploration and production of oil and gas reserves in the Rocky Mountains, with operations in the Greater Wattenberg Field of Colorado’s Denver-Julesburg Basin.
About Stonebridge’s Peloton Services
Stonebridge’s process, data, and reporting accelerators enable upstream companies to optimize the value of their WellView®, RigView®, SiteView®, and ProdView® implementations and upgrades in a faster, leaner, and smarter way.
Stonebridge’s proven “Peloton Ready” approach provides business focused profiles with pre-configured data standards, data entry forms, reporting, process alignment and training for wells, sites, pads, and rigs. Stonebridge’s Peloton implementation accelerators enable oil and gas companies to:
- Accelerate implementation or re-optimization projects by up to 25%
- Leverage industry “best of breed” practices to decrease surface operating costs and track downhole activity
- Reduce CAPEX spending through improved spud-to-production cycle times
- Increase visibility into well failures and facility equipment
- Incremental cost savings through consistent processes and data standards across business units
- Lessen future application maintenance by aligning to Peloton® data model
- Increase quality of your data through access to our cleansing and conversion tools
About Stonebridge Consulting
Stonebridge Consulting provides business advisory and technology consulting services that help oil and gas companies produce hydrocarbons efficiently and safely, optimize volumes, increase margins, and maximize returns. Headquartered in Tulsa and with offices in Houston, Oklahoma City, Dallas, Denver and Pune, India, we serve the oil and gas industry exclusively, with an emphasis on upstream, midstream, downstream and oilfield services companies focused on resource plays in North America. Stonebridge Consulting is a division of Stonebridge Acquisition, Inc., a Tulsa-based corporation. More information is available at www.sbconsulting.com.
NOTE: The Peloton, WellView, RigView, SiteView, ProdView, and MasterView brand names are trademarks registered in the US Patent and Trademark Office.