IN THE NEWS
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Peloton, a global leader in energy data management software solutions, is excited to announce that the Peloton Platform, hosted on Microsoft Azure, is now available in the Microsoft Indonesia Central cloud region.
As our clients in the Southeast Asia region continue their journey to the cloud, this infrastructure milestone provides energy explorers and producers with unparalleled experience, interfaces, and enhanced performance. Energy companies all around the world can leverage the Peloton Platform, providing a secure and scalable cloud-based environment enabling them to focus on optimizing their operations through superior data management and analysis.
The Peloton Platform provides an integrated single source of truth through the following solutions:
Well Data Lifecycle: Globally recognized, industry standard data management solution that encompasses workflows from well planning through reclamation, including data acquisition and management of real-time drilling and completions data and analysis.
Integrity and Reliability Data Management: Robust workflows that enable your organization to assess well failure-related risks, and to operate more efficiently and profitably.
Production and Operations Data Lifecycle: Powerful data management solutions to support production data capture, field operations, surveillance, hydrocarbon accounting, emissions, and regulatory reporting.
Land Data Management: Modernized workflows for surface and mineral acquisition, payment and non-payment obligation tracking, ownership and chain-of-title history, owner relations, supporting contracts/agreements, document generation and reporting.
Geospatial Mapping: Solution for enabling an all-encompassing view of your products with full integration between Esri’s ArcGIS® Enterprise and the Peloton Platform. Powerful cross-functionality with all Peloton applications enables advanced spatial analysis.
“Expanding our Platform to the Microsoft Azure Indonesia Datacenter is a strategic step in supporting our Southeast Asia clients’ move to the cloud," said Duncan Knight, President of International Operations and Business Development at Peloton. "With all solutions integrated on a single, scalable platform, clients can modernize operations, reduce complexity, and unlock greater value from their data in a secure, cloud-based environment."
Peloton, the global leader in data management software solutions for the energy industry, announces it has achieved System and Organization Controls (SOC 1 and SOC 2) Type 2 compliance, a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). Achieving this compliance demonstrates how Peloton safeguards customer data and maintains effective controls. The examination was performed by Armanino LLP.
"The journey to achieve SOC 1 and SOC 2 compliance is just one more way to show that we take strict measures to protect our customers' data," said Glen Gray, CEO of Peloton. "In this age of constant data dispersal, businesses need to have assurance that their data is safeguarded. This is why we have made it a priority to continue to invest in our security controls." SOC 1 and SOC 2 reports provide valuable information that customers need to assess and address the risks associated with an outsourced service.
- SOC 1 audited Peloton's controls relevant to a customer's financial reporting. The audit included Peloton's Well Data Lifecycle, Production Data Lifecycle and Land Data Management solutions.
- SOC 2 audited Peloton's Platform controls relevant to the Trust Services Criteria: security and availability.
"For over 30 years, we have been committed to the safety and security of our Peloton Platform. This was just further validated when auditors confirmed our dedication to the continuous implementation and monitoring of appropriate technologies and procedures to protect security and availability of the service and customer data," said Gray.
Peloton's SaaS-based Platform provides energy operators the ability to view vital operational data across three solution areas in one platform. Developed in partnership with Microsoft Azure's technology, this customizable platform delivers a seamless user experience to help organizations achieve maximum value from Well Data Lifecycle, Production Data Lifecycle and Land Data Management. Each Peloton product has commercial integration with each of our other products, which greatly simplifies implementation costs and complexity.
Peloton, a global leader in energy software solutions, today announced its expansion into the Renewables and Alternative Energy space. Building on more than 30 years of global expertise, Peloton's new initiative addresses the complexities of land agreement management for solar, wind, utilities, mining, geothermal, and carbon capture projects. By streamlining land management at scale, Peloton's technology empowers organizations to optimize operations while building the next generation of energy infrastructure.
Peloton's LandView and Peloton Map provide a comprehensive Land Data Management solution for renewable energy projects.
Peloton's LandView and Peloton Map—available on the Microsoft Azure-backed Peloton Platform—provide a comprehensive Land Data Management solution for renewable energy projects. These tools equip stakeholders with valuable insights to monitor operations, maintain regulatory compliance, and enhance efficiency.
Key Features
- Dynamic Visualization: Interactive maps deliver real-time insight, supporting data-driven decision-making.
- Timely Management: Automated payment and obligation tracking helps avoid penalties and maintain compliance.
- Real-Time Reporting: Instant ownership updates enable organizations to stay current on crucial land agreements.
- Seamless Integration: Open architecture allows for easy connection to existing GIS infrastructures, consolidating data management on the Peloton Platform.
"Implementing land agreement data management on our cloud-first SaaS solution has revolutionized the way our customers operate," said Mike Kennedy, Vice President, LandView Business Development at Peloton. "Our platform allows organizations to visualize agreement data, layer it with public and private datasets, and confidently manage it at scale."
As the Renewable and Alternative Energy sector evolves, Peloton is well positioned to assist organizations in navigating the complexity of land management—ultimately enabling them to focus on driving a more sustainable future.
Peloton, a global leader in data management software solutions for the energy industry, is excited to announce that the Peloton Platform, a recognized Microsoft solution hosted on Microsoft Azure, is running from Microsoft's Australia East datacenter region located in the state of New South Wales, Australia.
As our clients in the Asia Pacific region continue their journey to the cloud, this infrastructure milestone empowers them with an unparalleled user experience, user interfaces, and enhanced system performance. Energy companies all around the world can leverage the Peloton Platform, providing a secure and scalable cloud-based environment enabling them to focus on optimizing their operations through data management and analysis.
The Peloton Platform provides an integrated single source of truth through the following solutions:
- Well Data Lifecycle: Globally recognized data management solution that encompasses workflows from well planning through reclamation, including data acquisition and management of real-time fracturing data and analysis.
- Integrity and Reliability Data Management: Robust workflows that enable organizations to assess well failure related risks, and to operate more efficiently and profitably.
- Production and Operations Data Lifecycle: Powerful data management solutions to support production data capture, field operations, surveillance, hydrocarbon accounting, emissions, and regulatory reporting.
- Land Data Management: Modernized workflows for surface and mineral acquisition, payment and non-payment obligation tracking, ownership and chain-of-title history, owner relations, supporting contracts/agreements, document generation and reporting.
- Geospatial Mapping: Solution for enabling an all-encompassing view of products with full integration between Esri's ArcGIS® Enterprise and the Peloton Platform. Powerful cross-functionality with all Peloton applications enables advanced spatial analysis.
"Significant scale is achieved by managing all of Peloton's solutions in one platform," said Duncan Knight, President, International Operations and Business Development. "By using both commercial integrations across our solutions and tailored integrations through the Platform web API/ETL, our clients are maximizing business and operational value from their data, while minimizing effort to gather and curate. The Peloton Platform enhances clients' operations through data management and analysis in a cost-effective and commercially secure environment."
Peloton and Texas A&M University announced today the collaboration of content for two courses within the universities' Petroleum Engineering curriculum. This initiative is part of Peloton's mission to empower future petroleum engineers and other key players in the industry.
Starting in Fall 2022, Peloton began providing four hours of educational content about the role of data management and analytics in the petroleum industry for better decision-making. The content has been incorporated into the Intro to Petroleum Engineering (PETE 201) course instructed by Dr. Catherine Sliva. Peloton is also a Capstone Project Sponsor for Interdisciplinary Data Analytics Practicum (STAT 483) instructed by Professor Sutanoy Dasgupta. In this course, a Peloton representative will be available to provide guidance and training for senior-level students.
The course STAT 483 is a required part of the coursework requirements for the Certificate of Data Analytics for the Petroleum Industry, a specialized certification offered to select students within Texas A&M's colleges of engineering, science, geosciences and Mays Business School. This program is coordinated by Dr. Siddharth Misra, associate professor, and Douglas Von Gonten Faculty Fellow in the Harold Vance Department of Petroleum Engineering.
"By sharing this content, we aim to shape the future generation of petroleum engineers, providing an opportunity for students to learn from and gain experience with real-world scenarios through utilization of industry-leading software solutions. We anticipate this is just the beginning of our collaboration, and we are committed to making this university partnership a success, which is why we are working closely with the professors to provide any additional resources or support that they need," said Monty Meloche, President/COO of Peloton."
"We always appreciate when companies like Peloton want to support us in our teaching curriculum," said Dr. Siddharth Misra. "When our students can interact with successful companies who are making a real impact on the industry, the lessons are more memorable and a valuable part of their learning experience."
In addition to supporting new material in the two courses, students are also encouraged to apply for the Peloton Summer Internship Program, which was launched in summer 2015 and has included interns from many different universities between Peloton's offices in Canada and the United States. Internship programs cover an array of areas of expertise, including business administration, platform security, information technology, accounting, and the Peloton Platform Data Management Rotational Program.
Peloton, the global leader in data management software solutions for the energy industry, announces it has achieved System and Organization Controls (SOC 1 and SOC 2) Type 2 compliance, a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). Achieving this compliance demonstrates how Peloton safeguards customer data and maintains effective controls. The examination was performed by Armanino LLP.
"The journey to achieve SOC 1 and SOC 2 compliance is just one more way to show that we take strict measures to protect our customers' data," said Glen Gray, CEO of Peloton. "In this age of constant data dispersal, businesses need to have assurance that their data is safeguarded. This is why we have made it a priority to continue to invest in our security controls." SOC 1 and SOC 2 reports provide valuable information that customers need to assess and address the risks associated with an outsourced service.
- SOC 1 audited Peloton's controls relevant to a customer's financial reporting. The audit included Peloton's Well Data Lifecycle, Production Data Lifecycle and Land Data Management solutions.
- SOC 2 audited Peloton's Platform controls relevant to the Trust Services Criteria: security and availability.
"For over 30 years, we have been committed to the safety and security of our Peloton Platform. This was just further validated when auditors confirmed our dedication to the continuous implementation and monitoring of appropriate technologies and procedures to protect security and availability of the service and customer data," said Gray.
Peloton's SaaS-based Platform provides energy operators the ability to view vital operational data across three solution areas in one platform. Developed in partnership with Microsoft Azure's technology, this customizable platform delivers a seamless user experience to help organizations achieve maximum value from Well Data Lifecycle, Production Data Lifecycle and Land Data Management. Each Peloton product has commercial integration with each of our other products, which greatly simplifies implementation costs and complexity.
Peloton, the global leader in Well Lifecycle Data Management software solutions for the energy industry, is excited to announce that the Peloton Platform has been recognized as a Microsoft preferred solution for managing Well, Production and Land data.
Peloton is the only global software provider that delivers an integrated solution to customers in three solution areas: Well Data Lifecycle, Production Data Lifecycle and Land Data Management.
"Significant economies of scale are achieved by managing all three solutions in one platform," said Monty Meloche, President of Peloton. "Along with the extensibility of using both commercial integrations across the solutions and tailored integrations through the Platform web API, customers are achieving maximum value from their data. The Platform enables us to manage this integration and deliver workflows that allow customers to streamline operations and provides the technology in a commercially repeatable and economically cost-effective manner."
Developed with Microsoft Azure technology, the Peloton Platform delivers a robust end user experience to oil and gas companies around the world. The Peloton Platform provides a secure, optimized, and scalable environment which enables client operations' teams to focus on their primary objectives of data capture, data management and data analysis.
"Microsoft Azure helps Peloton deliver data management solutions, providing customers with valuable and timely analysis to manage, simplify, and optimize their operations," said Uwa Airhiavbere, Director, Energy Industry Practice, Microsoft. "Its Well Lifecycle Data Management software solutions, powered by Azure, streamline the collection, integration and sharing of key data, leading to quick informed decision making."
Peloton, the global leader in data management software solutions for the energy industry, announces it has achieved System and Organization Controls (SOC 1 and SOC 2) Type 2 compliance, a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). Achieving this compliance demonstrates how Peloton safeguards customer data and maintains effective controls. The examination was performed by Armanino LLP.
"The journey to achieve SOC 1 and SOC 2 compliance is just one more way to show that we take strict measures to protect our customers' data," said Glen Gray, CEO of Peloton. "In this age of constant data dispersal, businesses need to have assurance that their data is safeguarded. This is why we have made it a priority to continue to invest in our security controls." SOC 1 and SOC 2 reports provide valuable information that customers need to assess and address the risks associated with an outsourced service.
- SOC 1 audited Peloton's controls relevant to a customer's financial reporting. The audit included Peloton's Well Data Lifecycle, Production Data Lifecycle and Land Data Management solutions.
- SOC 2 audited Peloton's Platform controls relevant to the Trust Services Criteria: security and availability.
"For over 30 years, we have been committed to the safety and security of our Peloton Platform. This was just further validated when auditors confirmed our dedication to the continuous implementation and monitoring of appropriate technologies and procedures to protect security and availability of the service and customer data," said Gray.
Peloton's SaaS-based Platform provides energy operators the ability to view vital operational data across three solution areas in one platform. Developed in partnership with Microsoft Azure's technology, this customizable platform delivers a seamless user experience to help organizations achieve maximum value from Well Data Lifecycle, Production Data Lifecycle and Land Data Management. Each Peloton product has commercial integration with each of our other products, which greatly simplifies implementation costs and complexity.
Peloton is pleased to announce that our Well Data Lifecycle Team is now collaborating with Sfile, a cognitive computing company.
The opportunity to align Sfile's technology with Peloton's Platform solutions, will enhance our clients' ability to access and analyze their operational data, improve decision making and optimize opportunities.
Sfile uses cognitive computing and machine learning to train bots and AI agents that autonomously mine unstructured data to accelerate and exchange advanced analytics. With Sfile, Peloton's Well Data Lifecycle Team realizes the opportunity to apply new approaches to two old challenges. First, how to best transform disparate unstructured data sets into structured and consistently coded information. Second, the application of data science techniques to the analysis of the data. The solution is to leverage Sfile's tools to mine the data, load it into our data platforms and apply advanced analytics to the data.
Fiona Hamilton, Vice President - Well Data Lifecycle Solution for Peloton, says, "Here is an opportunity to apply ML/AI to data loading and analytics for our products. A big win for our clients! A strategy to find, import and in some cases create the data to support their desired analysis."
Peloton is pleased to announce the official release of WellView Allez™ on the Peloton Platform.
WellView Allez is the evolution of WellView, the world’s leading well data management system.
Based on your screen size, you can open as many templates as you like. Shortcut your favorites. No more jumping tab to tab or folder to folder.
The innovative and intuitive interface provides a completely new experience for users. Think of it as your single well dashboard. Multiple reports, schematics, and time tracks (or any combination) appear side by side. Configurable workflows guide users through data loading, review, and QC. The user is stepped through the process.
Fiona Hamilton, Vice President - Well Data Lifecycle Solution for Peloton, says, "The workflows are the heart of WellView Allez. They inform the user of what is possible and guide them through the process of QC and review. Stop typing and start automating! Allez is a game changer for our clients!”
Peloton Computer Enterprises, a leading provider of well data software solutions to the oil and gas industry, today announced an investment led by Silver Lake Kraftwerk, a fund of Silver Lake. TriWest Capital Partners and HarbourVest Partners also participated in the investment. Terms of the transaction were not disclosed.
Peloton's software helps oil and gas companies focus their operations and improve their strategic decision-making through better data management during the entire lifecycle of a well, including drilling, well operations, and production. Based in Calgary, Peloton has grown to become one of the largest oil and gas software companies in the world and today has more than 450 clients, including 21 of the 25 biggest North American exploration and production companies. The company has 12 offices worldwide including its newest office in Denver, Colorado which opened earlier this month.
"Peloton is a world-class software organization with a market-leading product portfolio, and we are thrilled to partner with them for their next phase of growth," said Bryce Lee, Managing Director at Silver Lake Kraftwerk. "The company is uniquely positioned to help oil and gas companies optimize their operations through superior data-driven insights from a modern software suite. We look forward to working with management to continue their product-first strategy, including exploring potential investments in new product capabilities and M&A opportunities."
"Peloton is excited to collaborate with our first strategic financial partners," said Glen Gray, Chief Executive Officer of Peloton. "Their expertise in technology, energy, and information solutions aligns perfectly with our vision. We look forward to working with them to continue expanding our proven technology globally, and delivering valuable new opportunities to our clients, partners, and employees."