Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, on Sept. 16 said that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.
Brazos is a growth-oriented, Delaware Basin-focused oil and gas company that operates 1,000 miles of gas gathering pipeline and 75 miles of crude pipeline. With three plants in Brazos’ natural gas processing complex and a total operated processing capacity of 460 MMcf/d, the company needed a software partner to help manage all of its gas gathering and processing requirements.
“When it came to our system selection, Quorum was the clear choice based on their deep industry experience, knowledge of the midstream business and their understanding of Brazos,” John Souders, controller at Brazos Midstream, said. “We appreciated Quorum’s partnership approach and openness to work with us towards a solution. With myQuorum TIPS, we will be saving roughly 30 hours per month and completing our end-to-end settlement process a lot faster.”
Recommended Reading
From Tokyo Gas to Chesapeake: The Slow-burning Fuse that Lit Haynesville M&A
2024-03-01 - TG Natural Resources rides the LNG wave with Rockcliff deal amid shale consolidation boom.
TotalEnergies Cements Oman Partnership with Marsa LNG Project
2024-04-22 - Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.
Ohio Oil, Appalachia Gas Plays Ripe for Consolidation
2024-04-09 - With buyers “starved” for top-tier natural gas assets, Appalachia could become a dealmaking hotspot in the coming years. Operators, analysts and investors are also closely watching what comes out of the ground in the Ohio Utica oil fairway.
EQT Ups Stake in Appalachia Gas Gathering Assets for $205MM
2024-02-14 - EQT Corp. inked upstream and midstream M&A in the fourth quarter—and the Appalachia gas giant is looking to ink more deals this year.