Quorum Advances Leadership Position in a Volatile Midstream Market

The leading midstream solution for natural gas transaction management, Quorum TIPS continues to attract top-tier customers.

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Quorum

Jan 07, 2016, 08:47 ET

HOUSTON, Jan. 7, 2016 /PRNewswire/ -- Quorum, the industry leader in software for hydrocarbon and energy business management, continued to see strong growth in Q4 of 2015 for Quorum TIPS, the standard in transaction management for gas gathering and processing. Every day more than 10,000 people rely on Quorum to streamline their business. With Quorum TIPS managing the commercial operations for 80% of midstream companies in North America, it continues to be the leading industry solution. Even during a time of market uncertainty, Quorum is experiencing ongoing success as a result of its extensive industry knowledge, superior support, and innovative technology offering.

From a foundation built over 20 years in the midstream oil and gas industry, Quorum TIPS leads the industry in innovation and customer success. Quorum plans to deliver a modern and responsive new user experience for gas plant accountants and gas schedulers, the primary users of Quorum TIPS, at the company's annual user group conference in March 2016.

Quorum TIPS continues to be the industry standard gas gathering and processing solution. As such, Quorum attracts leaders in the midstream segment such as Enable Midstream Partners, LP (www.enablemidstream.com). An owner, operator, and developer of strategically located natural gas and crude oil infrastructure assets, Enable Midstream evaluated commercial software options and selected Quorum TIPS to be their enterprise solution for gathering and processing. By implementing Quorum TIPS, Enable Midstream can increase operational efficiency through comprehensive transaction management and superior reporting. And the scalability of Quorum software allows Enable Midstream to support the business as it grows.

"We are pleased to have the opportunity to partner with Enable Midstream," said Eric Hazeldine, Executive Vice President for Quorum. "This partnership highlights Quorum's unique ability to provide midstream operators with a scalable, flexible gathering and processing solution, and we look forward to a long and successful relationship."

To learn more about why companies like Enable Midstream use Quorum TIPS for transaction management for gas gathering and processing assets, visit www.quorumsoftware.com.

About Quorum

Quorum makes innovative software for hydrocarbon and energy business management. Our platform of integrated solutions is designed with deep industry expertise using next-generation technology. It delivers advanced functionality, improved efficiency, and enhanced regulatory compliance. And it is proven to maximize profit throughout the energy value chain to drive customer success. For more information, visit www.qbsol.com.

SOURCE Quorum