MUSCAT: Tachyus, the leading provider of prescriptive analytics for oil and gas operators, announced its global expansion after onboarding multiple former Schlumberger and Halliburton executives and pening offices in Houston, Abu Dhabi, Muscat and Bogotá.
The announcement comes after Tachyus last year closed an oversubscribed funding round and added former CFO of Shell, Jeri Eagan, to the Tachyus Board.
Now, Tachyus has on-boarded a seasoned oilfield services leadership team including Jeff McNamara, Ian Hunt and Carlos Calad to run business units in North America, the Middle East and Latin America with offices in Houston, Abu Dhabi, Muscat andBogotá in addition to headquarters in Silicon Valley, says a press release.
Jeff joined Tachyus as VP of North America to aggressively expand the existing customer base across Texas, Canada, Alaska and California and open a Houston office.
“The rapid pace of adoption we are experiencing is unprecedented in the industry because of the extraordinary return on investment that our technology delivers.” Ian Hunt joined Tachyus as VP of EMEA to open offices in Abu Dhabi and Muscat and secure partnerships with the region’s leading national and international oil companies.
“As a result, operators are experiencing upwards of 40 percent reductions in costs and 20 percent increases in production. I look forward to presenting detailed technical papers along with our Principal Data Scientist, Dr Stylianos Kyriacou, at the SPE Reservoir Characterization Conference in Abu Dhabi near our new regional headquarters in Al Maryah Island’s Abu Dhabi Global Market.” Carlos Calad joined Tachyus as VP of Latin America to onboard customers in Mexico, Colombia, Argentina, Brazil and Venezuela.
“As a Colombian who has lived and operated for decades across most of the countries of Latin America delivering new technology to national oil companies, it is an honour to introduce Tachyus’ Data Physics to the Latin American market,” said Calad. “We need this Silicon Valley solution to reduce operating costs and boost production in our many large mature oilfields across Mexico, Colombia, Argentina, Brasil and Venezuela. I am excited to present, along with our Chief Scientist, Dr. Pallav Sarma who is the worldleading expert in quantitative optimisation of oil and gas assets, the potential of Data Physics for Latin American operators at the SPE Latin America and Caribbean Petroleum Engineering Conference in Buenos Aires.”