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Murphy Oil Corporation Signs-on to Pandell’s AFENexus™ for its Global Operations

Dec 15 | Product News

Calgary, AB – (Dec 15, 2011) Pandell Technology Corporation announced today that Murphy Oil USA, Inc., a subsidiary of Murphy Oil Corporation, has selected Pandell's AFENexus software as the sole authorized AFE management software solution for its global operations. The agreement endorses all of Murphy's operating subsidiaries worldwide, both onshore and offshore, to implement AFENexus software to effectively create, approve, and track their AFEs.

Murphy Oil USA is the second subsidiary of Murphy Oil Corporation to implement AFENexus. Murphy Oil Company, Ltd., headquartered in Calgary, has been using AFENexus since 2003. The Director of Upstream IT Business Systems for Murphy Oil USA cited that one of the Corporation's primary reasons for selecting the web-based AFENexus product was its inherent capability to offer a unified global solution to the Company's divisions with easy access across its corporate intranet.

Houston's Onshore Projects Division is the first US division to implement the system. The project work is in the final stages of configuration with the system being rolled out into production in January 2012. Other Murphy Oil operating divisions have initiated planning activities for their implementations. Ultimately, the AFENexus solution will support hundreds of users situated across the different operating divisions within Murphy Oil.

Headquartered in El Dorado, Arkansas, Murphy Oil Corporation has over 8,000 employees worldwide. The enterprise is readily recognized for its oil and gas producing operations in the United States, Canada, the United Kingdom, Malaysia, and Republic of the Congo, and for its high volume, low cost gasoline retail stations across 23 states in the U.S.

Learn more about AFENexus at www.afenexus.com.


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About Pandell

Pandell is a premier software company that delivers industry specialized Software-as-a-Service solutions to 500+ energy companies in Canada, USA, and globally. Its web-based product suite helps finance, land, and operations teams effectively run their business; while its enterprise division builds and manages large-scale .NET web applications for organizations. Combining the strength of its industry experience, ground-breaking Lithium™ technology, and practical software subscription model, Pandell is Crafting the Future of Energy Software.