Actenum Corporation announces the renaming of key solution offering

Vancouver BC, 13-Dec-10

Actenum Corporation announces today that it is renaming its Actenum Rig Activity Scheduler (RAS) product to DSO/Upstream. The name change will take effect with the upcoming production release of Version 4.0 of the product.

The change of name is a result of significant engineering efforts over the past year, and reflects the expanded capabilities of the latest product version. DSO/Upstream is a complete and comprehensive solution for planning and scheduling in the upstream environment, and it addresses a broad range of upstream operations: exploration programs, drilling, completions, and workovers, logging, fracturing, and well servicing, for example.

Data management and reporting features are now fully integrated into DSO/Upstream, together with a new user interface and a rich set of user-configurable options that address organizational and personal preferences. And DSO/Upstream now provides enhanced management and decision-support functions that increase the efficiency and productivity of upstream business processes.

Production release of DSO/Upstream Version 4.0 will be in January 2011.

“The new DSO/Upstream name serves as a strong indicator of Actenum's long-term commitment to supplying industry-leading solutions to the oil and gas sector,” said Actenum's CEO, Paul Maurer. “Version 4 of the product incorporates major enhancements that have already received very positive reviews from customers in our early release program, and we're looking forward to the next few weeks as we make DSO/Upstream generally available to our customers.”

More information

Read the full news release document