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Fekete Associates Inc. is now part of IHS Energy

In April 2013, IHS Markit acquired Fekete Associates Inc., a leading provider of integrated reservoir management software and services to the oil and gas industry. This strategic acquisition has strengthened IHS Markit expertise throughout the oil and gas value chain.

"Combining Fekete workflow tools with Energy information will create new efficiencies for customers and speed time to decisions in exploration and production. In a very dynamic global energy environment, providing integrated solutions that improve productivity and allow an even greater level of insight in making investment decisions is a great outcome for our customers and for IHS Markit," said IHS Markit President and Chief Operating Officer Scott Key.

By integrating Fekete and Energy, you will see new benefits from your data, software and consulting services and their delivery platform. To locate your former Fekete products within their new Energy home, please use the links below.

	Fekete Products are now…	Energy Products …
Software	Fekete Harmony	IHS Markit Harmony™
	FAST DeclinePlus	DeclinePlus
	FAST RTA	RTA
	FAST CBM	CBM
	FAST VirtuWell	VirtuWell
	FAST Piper	IHS Markit Piper
	FAST WellTest	WellTest
	FAST Evolution	Evolution
	FAST FieldNotes	FieldNotes
Consulting		Fekete Reservoir Solutions
	Geology	Geology Consulting
	Integrated Reservoir Studies	Integrated Reservoir Studies Consulting
	Integrated Asset Management	Integrated Asset Management Consulting
	Reserves Evaluation	Reserves Evaluation Consulting
	Well Testing & Rate Analysis	Well Testing & Rate Analysis Consulting
	Reservoir Engineering & Simulation	Reservoir Engineering & Simulation Consulting
	Production Engineering	Production Engineering Consulting
	Community of Best Practice	Community of Best Practice
	Eagle Ford Community	Eagle Ford Community of Best Practice
Support	Software and Installation support	Contact Us
Training	Software and engineering training	Registration

Industry Success Stories

Energy Leader Saves Millions of Dollars with Innovation to Simplify Oil Extraction from Unconventional Reservoirs

A Global 500 energy company set out to find opportunities for greater efficiency in extracting oil from unconventional reservoirs and developed a steam-assisted gravity drainage production solution that now saves millions of dollars annually by reducing the need for maintenance and risk of interruptions.

Learn more about our client’s successes

Swift Energy Improves Efficiency and Productivity in Eagle Ford Shale with Kingdom 8.8

For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.

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Baker Hughes accurately forecasted falling oil prices to enable better strategic business decisions

One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.

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Maersk Oil Speeds Decisions, Extends Competitive Edge by Streamlining E&P Project Cost-Estimation

This Danish energy firm makes expert use of an IHS tool to meet tight deadlines for project bids -- eliminating the need for hundreds of hours of manual cost-estimation and saving 75% of the time required to ramp up an outside contractor -- while giving decision makers confidence in the estimates’ proven accuracy.

Learn more about our client’s successes