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Affordable Software Solution Launched in Response to Oil Price Drop

Neuralog rolls out monthly subscription providing access to its entire suite of Oil & Gas software


News provided by

Neuralog

Mar 30, 2020, 09:05 ET

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HOUSTON, March 30, 2020 /PRNewswire-PRWeb/ -- Neuralog, Inc., the worldwide leader in well log scanning, printing, digitizing, and archiving technologies for the petroleum industry, today announced the availability of Neuralog Pro to its family of well log data analysis and management software. The all-in-one integrated system incorporates all Neuralog software modules in a single license at an industry-low price. With no minimum commitment, Neuralog Pro provides geologists at independent producers and larger enterprises a budget-friendly alternative for comprehensive access to, and interpretation of, well log data.

"With the recent dramatic downturn in oil prices, we accelerated the launch of Neuralog Pro," said Ken Land, President and CTO of Neuralog. "In our nearly 30 years in the petroleum industry, we've been through many ups and downs alongside our customers. We feel this new subscription option will help our existing and new customers financially with a smaller upfront investment and improve their productivity with flexible access to our entire well log software portfolio."

We feel this new subscription option will help our existing and new customers financially...

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Neuralog Pro offers various benefits, including:

  • Access to all Neuralog modules
  • Increased flexibility
  • Easier to scale
  • Simple deployment
  • Lower cost of entry
  • No hidden costs
  • Preference for operating expense over capital expenditure
  • Reduced transactional costs

An affordable monthly subscription avoids longer-term commitments and allows both small and large energy companies to better plan and budget. With a lower upfront cost compared to a one-time purchase of a perpetual license, organizations can shift their costs from capital expenditure to OPEX, stretching their budget and remaining competitive.

Currently available to customers in the US and Canada, Neuralog Pro is includes access to the entire family of Neuralog software modules in one all-inclusive price. Neuralog modules include:

  • NeuraLog – Automated Well Log Digitizing
  • Neuralog Desktop – Data Access and Visualization
  • NeuraMap – Volumetrics, Reserves and Map Digitizing
  • NeuraSection – Correlation, Cross Sections, Mapping, Montage, and Reserves
  • NeuraView – Well Log Scanning and Image Editing

Neuralog is hosting a release webinar featuring the latest version of the company's automated well log digitizing system NeuraLog 2020. The interactive webinar will be held on Tuesday, March 31 and will provide additional details on Neuralog Pro and include a Q&A portion for participants. More information on the webinar can be found on the Neuralog Blog.

For more information about the benefits of Neuralog Pro, visit https://www.neuralog.com/pages/Neuralog-Pro, sign up for an informational demo at Neuralog.com, or contact Neuralog at 281.240.2525 or [email protected].

About Neuralog
Neuralog is the worldwide leader in well log scanning, printing, digitizing, and archiving technology for the petroleum industry with over 1000 customers in 70 countries. For more than 25 years, Neuralog has provided a range of low-cost solutions to capture, organize, and analyze Oil and Gas data including the world's only purpose-built well log scanner, best-in-class well log printers, industry-standard automated well log and map digitizing software, the most efficient geology analysis package, and a GIS-based data access and visualization application that work together allowing geoscientists to reach decisions faster based on sound, quality-controlled digital data. Learn more at http://www.neuralog.com.

SOURCE Neuralog

Related Links

http://www.neuralog.com

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