iStore's WellBitz offers E&P apps in the cloud

摘要

The Information Store (iStore) has announced 'WellBitz' a cloud-based workspace for E&P projects including drilling, operations, prospects and investments. WellBitz lets multiple users collaborate, upload and organize oilfield documents. Online tools enable mapping, production data visualization, decline curve analysis and partner interaction. Applications are delivered via a pay-as-you-go, software-as-a-service model which iStore claims, 'provides services at a much lower cost than traditional desktop or server applications.'