Flare extends energy taxonomies for the Energy Transition.

Flare extends energy taxonomies for the Energy Transition.

Flare has extended its energy taxonomy to cover renewable energy sources like wind, solar and geothermal. This includes products and terms to support areas such as energy transition to net zero, CCUS, regulation and licencing, energy markets and economics, generation equipment, distributed generation and microgrids.

In common with the rest of the Flare taxonomy all terms have hierarchical and other inter-term relationships as well as rich synonyms and examples. This enables accurate and relevant searching across your own and external sources as well as supporting your information and data interpretation and analytics.

#InformationManagement
#DigitalTransformation

Benefit from the same approach to managing information and be able to deploy this easily using Sirus.

IM Solutions: Can one size really fit all?

In Flare's early days we were fortunate enough to land a software deal with a large energy company.  The deal was to provide our IM solutions to the entire company under a global license deal.  But would the same solution work for smaller companies?due to reduced global demand. The downturn in the industry has led to energy companies reacting by cutting costs, reducing staff, shelving projects, and delaying exploration and development decisions. Because data and information drives everything we do in the industry, including business decisions at all levels, it is important companies continue to invest and look after their data and information assets. Information and data content should be a clear competitive differentiator for energy companies.

Information Management

Information and data management in the downturn

2020 was a very difficult year for individuals and companies around the world. Covid-19 has affected all aspects of our lives and has impacted the energy sector in a number of ways, most noticeably in falling energy prices
due to reduced global demand. The downturn in the industry has led to energy companies reacting by cutting costs, reducing staff, shelving projects, and delaying exploration and development decisions. Because data and information drives everything we do in the industry, including business decisions at all levels, it is important companies continue to invest and look after their data and information assets. Information and data content should be a clear competitive differentiator for energy companies.

We've recently added a download to the website that looks at how energy companies need to react to the downturn and plan for the upturn.

Flare Oil Gas Authority

Flare awarded data services contract with the Oil & Gas Authority

Flare Solutions is delighted to announce that the OGA (Oil & Gas Authority) in the UK has selected Flare to help improve the completeness and quality of data held by the OGA. The OGA’s aim is to ensure that it can supply better datasets to the industry and other stakeholders in order to promote its objectives of Maximising Economic Recovery and Energy Transition.

#InformationManagement
#EnergyTransition

Exploration - Flare Solutions

Establishing an Exploration Project Interpretation Environment?

As every technical assistant knows, one of the first requests that an exploration manager will make when starting up a new project is to establish the digital interpretation environment.  This inevitably means trawling the company’s operational and legacy repositories to find whatever structured or unstructured information the company may own over the proposed AOI.

Often, it is building the unstructured dataset that will produce the greatest challenge. In a bid to find all salient reports and archived projects, support staff typically find themselves tackling everything from snapshots of poorly managed legacy shared-drives to multi-format library indexes of decades-old hardcopy stores.

With Flare technology, this process can be dramatically streamlined.

Click to find out more.

Data Clean up Projects

Master Data Clean Up Projects – Whatever the size!

At each stage of a large-scale data and information clean-up project — from the first scans of your legacy repositories to building the final, cleaned dataset — Flare will leverage our industry-leading technology to ensure that your quality expectations are being met.

#FlareSirus

Seasons Greetings from Flare Solutions

Seasons greetings to clients and friends

We've heard the word 'unprecedented' so many times this year, and we recognise that it has been a tough time in the Energy industry for companies as they face new challenges, and for individuals with uncertain futures.

However, as we head towards Christmas, we'd like to take this opportunity to wish all of our clients and friends a peaceful and happy holiday season. And, of course, we'll raise a glass to a happy and brighter New Year.

And for those of you that fret about needles falling from your Christmas Tree throughout the festive season, why not pop over to our website, and download your Needle-Free Christmas tree model.