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. The combination of Fekete workflow tools with energy information from IHS Markit has created new efficiencies for our customers and helped accelerate their exploration and production decisions.

Our integrated solutions offer a competitive edge in today’s dynamic global energy environment, enabling customers to improve productivity and gain even greater insight for making investment decisions. 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

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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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.

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Headquartered in Houston, this independent energy company has operations around the world so its GIS team implemented a state-of-the-art system that provides users with both internally sourced spatial data and streamed industry data – saving time and providing a more complete picture of areas of interest.

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At this global energy company, decision makers gained access to timely, actionable intelligence that helped them bring in $8 million of additional value to their trading book in the first year while meeting other strategic goals and establishing a standardized decision making system for all trading teams.

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