Calgary, Alberta (PRWEB) October 12, 2011
The abilities of RES software to help oil companies cut time and costs are showcased in the September/October issue of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) magazine CIM Magazine, one of Canada’s most authoritative industry publications, details how RES products help oil & gas and mining industries track and control costs, avoid delays, missed deadlines and other challenges that affect production. Profiling RES President and CEO, Trent Marx, the CIM article shows how Wellman, AFE Manager and other company products help the extractive industries to cope with the huge volume of project data and harness this information to manage operations. “I’m pleased to see that the innovation and hard work RES puts into its products has been highlighted in this prestigious publication,” says Marx.
To read the article, visit: CIM Magazine September / October 2011, Volume 6 No. 6
Oil & Gas Software Products
Wellman is an enterprise-class data management project and cost tracking system that provides the ultimate control over in-field costs during the entire project life cycle. This includes all phases of operations and production from geology, surveying, construction, drilling, well completion, facility and pipeline, and abandonment, to reclamation.
- Easy to use • Full feature relational database • Daily reporting • Software can be customized and adapted to any existing IT architecture • Excellent service support team
AFE Manager (Authorization for Expenditure)
AFE Manager is capital-tracking software that increases accountability through standardized budgeting and internal controls over capital spending. The system streamlines budget creation, facilitates cost tracking, expenditure approvals and project management.
AFE Manager integrates into Wellman or can be customized to work with an existing in-field cost tracking system. AFE also functions as a leading stand-alone system.
- Easy to use and adapted into the company's accounting system • Protection against unauthorized spending with built-in security and preset user rights • Create AFEs effortlessly with designed templates • Identify spending variances and the source of project bottlenecks quickly • Excellent service support team
Software as a Service (SaaS)
Companies of any size can access the power of Wellman and AFE Manager through the Software as a Service option.
- Log in from anywhere • No need to buy or lease a server or any hardware • No need to buy or install software • Federal Information Processing Standard (FIPS) data security compliant • Excellent service support team
About Resource Energy Solutions
Resource Energy Solutions has supplied software and IT support services to the oil & gas industry since 1995. RES’ flagship product Wellman provides enterprise-class data management, cost tracking and capital expense control covering the entire lifecycle of the oil & gas workflow. AFE Management complements this suite with total budget management, control and visibility. The same level of cost information control and capital budgeting is available to the mining industry with EMPACT + COMS. All RES software products are also available under the Software as a Service (SaaS) programme. Resource Energy Solutions is a Certified Microsoft Partner.
Call for a demonstration of any RES product: +1 (403) 245-0220
Or email: sales(at)resourceenergysolutions(dot)com.