Anadarko Petroleum Adopts Spotfire eAnalytics.Business/Technology Editors SOMERVILLE, Mass.--(BUSINESS WIRE)--Sept. 6, 2001 --World's Largest Independent Petroleum Exploration and Production Company Implements Spotfire DecisionSite(TM)-- Spotfire, Inc., a leading provider of eAnalytic applications, today announced that Anadarko Petroleum Corporation Anadarko Petroleum Corporation (NYSE: APC) is one of the world’s largest independent oil and gas exploration and production companies, with 2.37 billion barrels of oil equivalent (BOE) of proved reserves and a production of 190 million BOE in 2004. Ranked No. (NYSE NYSE See: New York Stock Exchange : APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. ) has adopted the Spotfire eAnalytic application for researching, developing and analyzing oil and gas prospects. Using Spotfire DecisionSite, Anadarko is able to rapidly identify prospects and optimize the economic return of production operations and the investment strategies among portfolios of opportunities. Anadarko decision makers such as geologists, geophysicists and business analysts, are using Spotfire DecisionSite to retrieve critical information on potential oil and gas reserves contained in widely distributed Adj. 1. widely distributed - growing or occurring in many parts of the world; "a cosmopolitan herb"; "cosmopolitan in distribution" cosmopolitan bionomics, environmental science, ecology - the branch of biology concerned with the relations between organisms , disparate databases. This information is further analyzed against economic and business-critical intelligence data to support drilling decisions. With DecisionSite, these decision makers can access any information and share their findings to make faster, more informed decisions. "It is critical for Anadarko to make good decisions that directly impact the company financially," said Ron Bain Ron Bain is a Scottish actor who now works mainly as a director. In 1977 he appeared as the weasely villain Danny the Busker in The XYY Man, but he is best known for his work in comedy, rounding up sketches in Naked Video with stars such as Gregor Fisher, Elaine C Smith, Jonathan , Manager, International Exploration at Anadarko. "In order to determine where to drill, we need to sift through thousands of data points from many different data sources. Spotfire DecisionSite helps us accelerate the process of identifying the prospects with the characteristics that justify including them in our drilling portfolio." Anadarko also will implement Spotfire DecisionSite Map Interaction Services to integrate important geographic information into the data analysis performed with Spotfire products. Anadarko has worked as a strategic partner with Spotfire developers to define the offering for use by the oil and gas industry, making it possible to add geographic context as a new dimension to data analysis. "Oil and gas operators face the unique challenge of having to rapidly analyze geological, topographical, field production and financial data to maintain their competitive advantage," said David Butler, Vice President, Product Strategy and Marketing of Spotfire. "As a result of our relationship with Anadarko, professionals across the organization are now able to integrate and analyze this information in a common, interactive environment, freeing them to focus on business decision breakthroughs." About Anadarko Houston-based Anadarko Petroleum Corporation is the world's largest independent exploration and production company, with proved reserves proved reserves The quantity of minerals expected to be recoverable under current economic and operating conditions. The amount of proved reserves is important in valuing the stock of a company with significant holdings in natural resources. of more than 2 billion BOE BOE Based on Experience BOE Board of Education BOE BoletÃn Oficial del Estado (Spanish) BOE Bank of England BOE Board of Equalization BOE Board of Elections BOE Barrel of Oil Equivalent BOE Bind on Equip . Anadarko is the most active driller in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Domestically, it has operations in Texas, Louisiana, the Mid-Continent and Rocky Mountain regions, Alaska and the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east . Internationally, it is active in Canada, Algeria, Tunisia, West Africa West Africa A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century. West African adj. & n. , Venezuela, Georgia and the North Atlantic. About Spotfire(R) Spotfire, Inc. is a leading provider of eAnalytic applications and services that put the power of decision-making at the center of its customers' businesses. The company's mission is to empower every end user and their enterprise to make great decisions. Spotfire's solutions enable organizations around the world to improve the efficiency, the speed and the accuracy of their decision-making processes Presented below is a list of topics on decision-making and decision-making processes: | width="" align="left" valign="top" |
| width="" align="left" valign="top" | Spotfire is a registered trademark and DecisionSite is a trademark of Spotfire, Inc. All other names or marks may be registered trademarks or trademarks of their respective owners and are hereby acknowledged. |
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