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Petrotranz announces Pandell as Silver TAP Partner

August 17, 2015 | Download News Release (PDF, 487kb)

CALGARY, AB, Canada (August 17th, 2015) - Petrotranz Inc. is pleased to announce that Pandell is the second Production Accounting System Vendor Partner, to be recognized for their integration efforts with the Petrotranz Data Exchange ("PDX").

Petrotranz has been working very closely with Pandell for several years. Pandell's PANexus system has been deployed to Producer Operators across Western Canada. Based on feedback sessions from our mutual customers, Pandell enhanced the PANexus system for Crude Shipper and WIO Splits integration with the Petrotranz Data Exchange (PDX). PDX is the first transformational system for the energy industry that allows disparate systems to communicate with each other and the first system that provides a common language and secure hub for transacting information between all energy stakeholders.p>

"Petrotranz is pleased to have one of our closest vendor partners, Pandell, as another member of our growing TAP program," says Dallas Smith, Vice President of Operations, Petrotranz Inc. "The immediate efficiency gains PDX brings our mutual customers through real-time integration is imperative short and long term for the Energy Industry."

"As software development providers for Petrotranz, we have been fortunate to share in their continued growth and success over the years, says Cleave Whitaker, Division Manager, Pandell. The TAP partnership provides an essential integration for our client base, between Pandell's PANexus production accounting software and the Petrotranz Data Exchange."

All risk associated with data re-entry for crude oil shipper and working interest owner splits is mitigated, improving the accuracy of information and the speed at which information is available to all stakeholders. This functionality has been available to Pandell PANexus customers since early 2015.

About Pandell

Pandell is a software solutions company that delivers industry specialized software products and business services. For oil and gas companies, Pandell offers a suite of back-office software products and outsourced production and financial accounting services. For enterprise organizations, Pandell builds and manages large-scale, .NET web-based applications. Combining its strengths of advanced Lithiumâ„¢ technology and proven industry expertise, Pandell delivers the most modern software solutions and business services to its clients.

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 commercial applications developed by Petrotranz are the Crude Oil Transportation System (COTS), Liquids Transportation System (LTS), Petrotranz Data Exchange (PDX) and Petrotranz Quality Management (PQM). Petrotranz is utilized by over 1250 companies to manage the transportation and logistics of more than one million bbl/d of crude oil, and a quarter of a million bbl/d of liquids in the Western Canadian Sedimentary Basin.

Technology Adoption Program (TAP)

The Technology Adoption Program (TAP) is a certification and engagement framework that recognizes you as a TAP Certified Partner of Petrotranz and permits you access to the Petrotranz industry standardized XML schemas and related web-service documentation. As a Partner, you will have the benefit of access to all of the Petrotranz Documentation, Schemas and the opportunity to participate and work collaboratively with Petrotranz in the development of new and/or enhanced Petrotranz proprietary platform Schemas and integration points and other Developments for Petrotranz, the result of which a Partner will be recognized for their contributions and achievements.

Petrotranz Data Exchange (PDX) Overview

Petrotranz launched the Petrotranz Data Exchange (PDX) in January 2014. PDX is a secure, web-based data exchange that makes information available in an electronic format between relevant stakeholders (Facility Operators, Shipper Marketers and Producer Operators).

PDX leverages the existing Petrotranz platform, which provides existing portals (Facility Operator, Shipper and Producer), industry databases, role-based security, business rules, workflow, document management and an integration layer for system-to-system data exchange.

Petrotranz also provides volumetric and financial management industry services and actively serves as the COLC Administrative Manager and the ITC Invoicing Contractor.

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