Parsley Energy (NYSE:PE)
Well Information Delivered at the Speed of Business.
As a rapidly growing oil & gas company, Parsley Energy faced a growing digital well information challenge. With hundreds of wells in the Permian Basin and sustained drilling activity, Parsley needed a well information solution that could keep pace with its operational momentum.
Intelligent Well File Streamlines Acquisition Process.
Arcadia Operating has a successful track record of growth by participating in the acquisition of operated oil & gas properties across Texas and Louisiana. The company planned to double its operated property base by participating in the acquisition of 67 wells. Arcadia needed a smart and efficient way to evaluate the large volume of data associated with these properties and streamline the well data onboarding process after the sale.