News
Petrotranz announces the release of COTS Version 3.0
Petrotranz Announces Crude Oil Transportation System 3.0
February 19, 2013 | Download News Release (PDF, 396kb)CALGARY, AB, Canada (February 19, 2013) - Petrotranz is pleased to announce the commercial release of the Petrotranz Crude Oil Transportation System (COTS) version 3.0. Based on extensive feedback from Midstream Facility Operators, Producers and Shipper/ Marketers, Petrotranz has added product functionality, simplified the design with an enhanced intuitive user interface, improved workflow, and increased the overall speed of the system. Furthermore, enhancements to the Petrotranz framework and platform now allow multiple applications to be securely accessed through each of the web-based portals.
Petrotranz has developed a proven framework and platform for developing and managing secure web-based applications for the energy industry. The platform consists of a database of all industry stakeholders, role based security, workflow, transaction auditing, messaging, reporting and a series of portals delivering specific applications. The applications currently delivered through web-based portals are a Producer Portal, a Midstream Facility Operator Portal, and a Shipper / Marketer Portal.
COTS is used to receive and manage forecast and splits information for all relevant stakeholders automating the 3 month crude oil lifecycle. Since being released in 2008, COTS has grown to become an emerging standard with over 425 registered companies managing over 1 Million bbl/d of crude oil forecast volume in the Western Canadian Sedimentary Basin.
To assist companies in transitioning to COTS 3.0, Petrotranz has extensive documentation available and will be delivering a series of web-based training sessions. For more information on the release, or training please contact our client support team at support@petrotranz.com.
About Petrotranz Inc.
Petrotranz Inc. is a technology company that builds, deploys and manages secure web-based industry solutions that automate and improve manual or inefficient processes in the energy industry. The first commercial application developed by Petrotranz was the Crude Oil Transportation System (COTS) used to receive and manage forecast and splits information for all relevant stakeholders automating the 3 month crude oil lifecycle.
Petrotranz also provides volumetric and financial management industry services and actively serves as the COLC Administrative Manager and the ITC Invoicing Contractor.
To learn more, please contact:
Dallas Smith Petrotranz | VP, Operations 403.984.0861dsmith@petrotranz.com
https://petrotranz.com
About Petrotranz
Petrotranz Inc. is a Calgary based technology company that has created a secure, easy to use, web-based communication and collaboration platform used to automate manual or inefficient processes in the energy industry. The Petrotranz Team consists of members that have significant first hand energy industry expertise as well as members that have extensive experience in building, delivering and supporting world-class commercial software applications and companies.