Acquired by Quorum Business Solutions in June 2019

• SkyWell®- SaaS solution used to classify operator data to enable quick onboarding and efficient search for unstructured information.
• Machine learning classification engine for E&P data & documents
• The SkyWell® engine constantly learns client information based on new variations and combinations of data types added to the system, and then strengthens its knowledge base over time

SaaS subscription model

• The SkyWell® classification engine has been trained over time to understand energy data types based on a proprietary knowledgebase Archeio has accumulated since inception four years ago
• Based on the variations and combinations of this library, the SkyWell® engine can rapidly organize unstructured data sets for operators, resulting in classified and usable information for business units across the well lifecycle through one common search interface

Key technology differentiators and value-gains:

• Streamline data classification, ongoing data collection and data distribution for well & land assets throughout the enterprise into one common taxonomy
• Fast implementations (0-3 months) to accelerate Acquisitions, Divestitures and Data Trades for each business unit (Land, Engineering, Operations, Geology)
• Out of the box understanding of E&P document types to quickly organize unstructured information with minimal client intervention required
• Unique per well/per month billing model eliminating any up-front implementation costs making the solution affordable for a certain field, area of interest, or individual asset/team.
• Enables end users to search for data “60% faster” and onboard acquisitions “30% faster” compared to manual processes, consulting and custom data cleansing techniques.

Metadata Search: System enables search based on information gathered from client documents

Attribute Search: System enables search based on client Master Data (Well/Lease/Contract/Accounting)

Keyword Search: System enables “smart search” of keywords & phrases within documents or across asset portfolio

Geo-Location Search: System enables full searchability of data & documents based on the geo-location of each asset

Analysis: System enables an interactive graphical representation of documents and data related to assets.

Data Sharing: System enables secure sharing of data with internal and external parties effortlessly