Sago Energy Licenses Quorum TIPS for New Gas Plant Operations
Houston, Texas – June 12th, 2003. Quorum Business Solutions, Inc. (Quorum) has licensed a number of Quorum Energy Suite software products to Sago Energy, LLC (Sago). The products licensed to Sago include Quorum TIPS, Quorum Division Order/Disbursements and Quorum Regulatory Reporting. Sago, an independent full service midstream company based in Houston, is the twenty-first licensed user of Quorum TIPS, the industry’s de facto standard for natural gas plant management (allocations and accounting).
In March 2003, Sago broadened its business to include gas plant operations with the acquisition of the Jameson Gas Plant and Gathering System located in Coke County, Texas from Devon Energy. The plant is a 50,000Mcfd cryogenic facility with fractionation capabilities. The associated gathering system covers 2,300 miles in 14 counties on the eastern shelf of the Permian basin.
Sago selected the Quorum products to help manage the complexity and size of its new business processes. Quorum TIPS, which now handles approximately 80% of all plant production across the USA, was the obvious choice for a solution. The availability of Quorum’s Division Order, Disbursements and Regulatory Reporting products on an integrated basis was an added bonus. The software is scheduled to be implemented and in production by July 2003.
“Quorum is pleased to add Sago, a new customer, to our growing installed base,” said Mr. Paul Weidman, President of Quorum Business Solutions, Inc. “As a component of the Quorum Energy Suite, Quorum TIPS users have access to a complete set of integrated software across a variety of mission critical business functions from wellhead to burner tip. This provides our users with powerful solutions that deliver significant business benefits across the enterprise.”
About Quorum Business Solutions, Inc.
Quorum Business Solutions, Inc. is a product centered services company that develops and supports industry standard applications across a wide range of businesses. Quorum works closely with clients building long-term relationships: developing, delivering and supporting cost effective business solutions. Quorum is committed to providing the right people, expertise and tools to deliver successful solutions its clients can count on. Founded in 1998, Quorum now has over 120 staff operating out of offices in Houston, Dallas, and Calgary.
Quorum provides the Quorum Energy Suite, a set of software applications for the energy industry that includes TIPS (Plant / Facility Accounting), the de facto industry standard solution for gas plant accounting. Quorum’s energy industry product offerings are specifically designed for companies that produce, gather, transport, process and market natural gas and other energy commodities. The company has an extensive client base and a strong reputation for delivering cost-effective solutions.
For more information, visit Quorum’s web site at www.qbsol.com or call us at 713-430-8601.