Microsoft Joins Energistics to Drive Oil and Gas Industry Standardization
- Microsoft and industry partners continue momentum toward a common platform for information sharing and business process integration in the oil and gas industry worldwide.
REDMOND, Washington and LONDON, November 10 /PRNewswire/ -- Microsoft Corp. and Energistics today announced that Microsoft has joined
Energistics, a global, not-for-profit consortium designed to unite oil and
gas industry thought leaders and to explore ways to facilitate exploration
and production (E&P) information sharing and business process integration.
This membership continues the momentum that Microsoft and its nearly 500 oil
and gas partners have built in driving a common platform as the "unifying
language" and a force for innovation across the industry.
Microsoft, along with its ecosystem of partners, has proven experience in
bringing technologies and solutions to the mainstream oil and gas industry.
This expertise will be used to deliver the reference implementation of
Energistics' standards such as the Wellsite Information Transfer Standard
Markup Language (WITSML) and Production Markup Language (PRODML), enabling
oil and gas companies to increase the implementation of standards while
lowering adoption hurdles.
Energistics' founding objective was to unite the oil and gas industry and
foster an environment of collaboration. Across multiple industries, Microsoft
is the trusted advisor and go-to company for developing and implementing the
use of a unifying language as a common platform, for example, as a founding
member of OPC (OLE for Process Control). By joining Energistics, Microsoft
adds this expertise in helping the consortium meet its goal of uniting
people, issues and ideas to facilitate E&P information sharing and business
process integration.
"E&P companies are relying on development of standards such as PRODML to
provide a common set of definitions and thus improve data exchange and work
process efficiency," said Catherine Madden, senior research analyst at IDC
Energy Insights. "Companies that can help facilitate the development and
deployment of open data exchange standards such as PRODML will play a vital
role in ensuring the industry can maximize potential cost savings."
"The oil and gas industry is undergoing massive changes," said Albrecht
"Ali" Ferling, Ph.D., managing director, Worldwide Oil and Gas Industries at
Microsoft. "By helping the industry adopt standards, Microsoft believes the
industry can drive down cost by improving interoperability and building a
platform for collaboration and communication. Our customers benefit when
standards are implemented because their software prices decrease,
interoperability increases and adoption hurdles are lowered. As a result,
they will be able to better execute their E&P information sharing and
business process integration strategies."
"We are pleased to have Microsoft on board to help us to deliver the
reference implementation for our standards," said Randy Clark, president and
CEO of Energistics. "As a body which facilitates an inclusive user community
for collaborative technologies, we are keen to draw on Microsoft's experience
in the industry to help facilitate the development and deployment of open
data exchange standards in addressing information challenges."
"Having Microsoft as a member of Energistics is very positive news for
the oil and gas industry," said Jaap Van Ballegooijen, leader of Royal Dutch
Shell plc's Smart Fields group. "Microsoft will be able to contribute its
experience and expertise to help drive the adoption of Energistics'
standards. Microsoft has demonstrated ongoing commitment and support of the
Energistics standards through its participation and sponsorship of the latest
PRODML specifications presentation at the Microsoft Global Energy Forum.
Shell, Microsoft and Energistics also collaborated to explore new and
innovative solutions through the software-plus-services approach by
implementing a PRODML proof of concept utilizing Microsoft's Windows Azure
platform."
In joining the Energistics consortium, Microsoft, together with industry
partners, will continue to drive change in the oil and gas industry by
providing IT solutions and expertise that offer companies a strategic edge in
tough economic times. With a focus on standardization, cost savings,
productivity, collaboration and innovation, Microsoft is helping oil and gas
enterprises do more with less.
About Energistics
Energistics is a global, not-for-profit consortium uniquely designed to
unite upstream oil and natural gas industry professionals in a neutral and
collaborative facilitation environment to develop and deploy open data
exchange standards and to address E&P information challenges. Membership
consists of integrated, independent and national oil companies, oilfield
service companies, hardware and software vendors, system integrators,
regulatory agencies and the global standards user community. For more
information visit our website at www.energistics.org
About Microsoft in Oil & Gas
Meeting the challenges of global energy supply and demand depends on
integrated business processes, breakthrough innovations and solid business
relationships. Together with its partners, Microsoft delivers technology
solutions that help people in the oil and gas industry make better decisions
faster. More information about Microsoft in the oil and gas industry can be
found at http://www.microsoft.com/oilandgas.
About Microsoft
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in
software, services and solutions that help people and businesses realize
their full potential.