"The Economic Report" Show to Feature Energistics

18 Aug 08

Featured in segment on topics, trends and issues related to oil & gas in the 21st century

The producers of The Economic Report are pleased to announce that Energistics will be featured in an upcoming segment on topics, trends and issues related to 21st Century Solutions for the Oil & Gas Industry” as part of the show’s Report on Energy series.

 

Today's oil and natural gas industry significantly impacts the world economy. It's an industry that relies on high technology and market-driven business processes to meet growing worldwide demands.  In order to operate efficiently and effectively, it requires global standardization of that technology and those processes. 

 

As a global upstream oil and gas industry consortium, Energistics delivers the means to develop, deploy, and maintain common information through data exchange standards. Its membership base includes worldwide representation of major and national oil companies; suppliers of petroleum exploration and production software and services; systems integrators; government agencies; computing and consulting companies; research and academic institutions; and a global user community.

 

Energistics delivers the highest business value to its members and improves technical and business processes for efficient data and information handling, storage, management, and exchange across the entire exploration and production life cycle. "Energistics is uniquely designed to unite industry people, issues, and ideas to facilitate information sharing and business process integration," says Randy Clark, President & CEO of Energistics.  "Our facilitation of a neutral forum for collaborative learning and sharing allows the industry to focus its competitive activities on business solutions to common problems from which no real competitive advantage can be gained." 

 

Central to Energistics’ ability to deliver industry standards, the company's Energy Standards Resource Centre provides an open environment in which the upstream community can collaborate. "It's a one-stop reference source and provides access to a full portfolio of freely-available industry standards," says Clark. "We believe it fosters greater communication among industry users of open standards and allows others to easily join our user community." 

 

The five minute segment will address the challenges of the oil and natural gas industry with regard to standardization and will feature the solutions provided by Energistics. Interviews will include Mr. Clark, as well as Energistics Board members and other member company executives. 

 

For more information about Energistics, please visit www.energistics.org