News

Announcing PDQdecide

The first truly off-the-shelf software for petroleum reserves management and capital planning.

PDQ Decisions announces PDQdecide™️, the first truly off-the-shelf software product for petroleum reserves management and capital planning.

PDQdecide is a completely fresh take on E&P reserves & planning. Inspired by over 30 years of experience developing IT solutions for the upstream energy industry, Ariaal and PetroLucid formed PDQ Decisions, LLC. The joint venture is a clean slate to develop the reserves & planning solution we always wanted. Our flagship product, PDQdecide, represents decades of experience and two years of intensive product development.

we were never satisfied with how complicated, lengthy, and expensive E&P software deployments tend to be

Our vision for PDQ Decisions is to completely rethink the business model and technology strategy for E&P software. We believe that a fundamentally different approach is necessary to avoid the product calcification that traditional E&P software vendors frequently suffer. While we are proud to have been a part of many successful E&P technology projects, we were never satisfied with how complicated, lengthy, and expensive E&P software deployments tend to be. We passionately believe that the E&P industry needs a new type of vibrant and independent software vendor.

we shifted the burden of proof from new ideas back onto the status quo

Our core perspective in designing PDQ Decisions was “Why Not?”. With this simple question, we shifted the burden of proof from new ideas back onto the status quo. Old ways of doing things had to prove beyond a reasonable doubt that they were better than our newly-considered processes.

We asked ourselves some big questions:

  • What if E&P software is designed for ease of deployment from day one?
  • What if product development and product deployment teams work together as one?
  • What if our product is so well designed that it doesn't require deployment services?
  • What if our business model and technology architecture are so efficient that we don't need to introduce financial interests who compete with our end users' interests?
Everything about PDQ Decisions... has been thoroughly designed as part of a harmonious whole

Why not? The answers to these and many other questions took us down a very different path than the traditional E&P software model. Everything about PDQ Decisions, from back office operations through to product deployment and end-user experience, has been thoroughly designed as part of a harmonious whole. Our mission is to deliver a great best-of-breed E&P product while being dramatically more efficient than any other software vendor in the E&P industry. We saw a unique opportunity to facilitate reserves and planning workflows with a single compelling product: PDQdecide.

PDQdecide can be be deployed same day if you’re currently running ARIES or PHDWin

For those of you interested to see PDQdecide in action, we think you’ll be pleasantly surprised by how fast and easy it is to deploy. PDQdecide can be be deployed same day if you’re currently running ARIES or PHDWin for economics. You’ll believe it when you see it, so contact us to take a look.

Stay tuned to this blog for more information on PDQdecide. We’ll be sharing more details about the product, plus ideas and best practices for reserves management and capital planning. You can subscribe below to join our newsletter and get new blog posts delivered to your inbox. If you have any questions or just want to say hi, drop us a note at contact@pdqdecide.com

We look forward to sharing more background and catching up with many of you PDQ. It’s fun to finally unveil all the hard work that's been going on under the radar!

 

Kevin, Rob, and Yunjun