Validere acquires regulatory reporting platform Clairifi, strengthening full-service ESG capabilities.
The value of WTI at Cushing, Oklahoma is the benchmark for crude prices in North America. It is also the primary input into CME Group’s NYMEX Light Sweet Crude Oil contract, often referred to as WTI. Although it's often called the WTI contract, WTI is...
The amount of oil in storage is one of the most commonly referenced data points that drives oil prices. Crude storage statistics are widely available and regularly disseminated. Even in parts of the world where data isn’t readily disclosed, satellite images can approximate how much...
Validere's CEO Nouman Ahmad on BNN Bloomberg Validere’s CEO Nouman Ahmad sat down with BNN Bloomberg’s Andrew Bell to discuss how Validere is transforming oil & gas quality operations and optimizing barrel value. Watch the report below: ...
Shale gas has replaced coal with a clean-burning fuel faster than activists could have dreamed. Declining supply costs and an ability to provide consistent baseload power, perfectly positioned natural gas for this victory. All oil and gas companies deserve credit for this shift.Even in the...
Global crude qualities have shifted significantly in recent years. Global demand has shifted towards heavier crude while the makeup of global supply has shifted lighter. This global shift in crude quality supply is already impacting end markets. We are observing a near-term supply glut in...
On Sunday night Rachel Notley announced a mandated production cut in Alberta, for crude oil and bitumen, of 325,000 bbls/d (representing ~8.7% of production). This short-term course of action was also supported by Jason Kenney and the UCP. At Validere, we always appreciate people tackling...
The rapid adoption of the Chinese crude contract represents a significant change in global crude markets. Already representing 16% of global market share, the contract has pulled liquidity from Brent and WTI contracts and may have been a factor in the recent volatility in those...
November 16, 2018 - Calgary, Alberta - Validere is pleased to announce a strategic partnership with Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE). Validere’s AI and IoT platform will allow Razor to optimize product quality and improve the product value that Razor receives....
Analytics Moves to Midstream: AI Opportunities Away From the Wellhead How can AI & analytics help Midstream Oil & Gas? Validere’s CTO Ian Burgess shares opportunities that will generate several dollars per barrel improvements....
The financing round for the Y-Combinator backed oil and gas startup was led by Sallyport Investments. Toronto, ON - October 30, 2018 -- Validere, a venture-backed oil and gas IoT and artificial intelligence platform has raised $7 million in seed funding to transform oil and gas...
