Quorum Planning Space
Quorum Planning Space is a cloud-optimized planning suite for energy companies combining data and models for capital, financial, reserves, and resource plann…
What Quorum Planning Space is
Quorum Planning Space is a cloud-optimized planning suite for energy companies combining data and models for capital, financial, reserves, and resource planning. Its modules are Dataflow, Economics, Financials, Reserves, and Portfolio. Dataflow gathers organizational information and connects people, processes, and tools for corporate planning. Economics supports petroleum and energy evaluation plus fiscal modeling. Financials produces pro-forma statements from economic outlooks and forecasts and supports funding-strategy analysis. Portfolio evaluates trade-offs, optimizes plans, and manages uncertainty. Reserves captures estimates from volumetric calculations, reservoir simulations, and economic engines, then supports integrated analysis and reporting. The suite provides financial and operational modeling, sensitivity analysis, multi-domain modeling, API connections, and version history. Open APIs connect with Quorum Energy Suite products and third-party tools. Reserves includes audit trails and security features and is described as supporting SEC compliance. Pricing is by request, with a demo available.
Good
- Covers capital, financial, reserves, and resource planning
- Dedicated economics and portfolio modules
- Supports sensitivity and multi-domain modeling
- Open APIs for integrations
- Full audit trail for Reserves
Watch out
- Pricing is available only on request
- Designed specifically for the energy industry
- Cloud platform requires a demo request
Who it suits
Planning Space suits energy organizations handling financial, operational, reserves, and portfolio planning. Quorum describes Reserves as serving companies from small independents to international supermajors.
Verdict
Planning Space combines several energy-planning disciplines in one suite with API connectivity and version history. Its broad module set is relevant to organizations coordinating financial, operational, reserves, and strategic work.
Plans and prices
From Quorum Planning Space's own pricing page, checked 5 Oct 2001.
| Plan | Price | What it gives you |
|---|---|---|
| Planning Space | Priced on request | Pricing by request · Demo available |
The facts
Each one read from Quorum Planning Space's own pages, with the date it was checked.
What it does
- Availability and pricing
- The Planning Space page invites visitors to request a demo and does not display a price.checked 5 Oct 2001
- Cloud delivery
- Quorum describes Planning Space as cloud-optimized and says its cloud approach provides faster access to product innovation and lower total cost of ownership.checked 5 Oct 2001
- Data connection level
- apichecked 20 Sep 2001
- Data management
- Dataflow is designed to collect organizational data and connect people, processes, and tools for corporate-wide planning.checked 5 Oct 2001
- Economics
- Planning Space Economics supports petroleum and energy economic evaluation and fiscal modeling.checked 5 Oct 2001
- Financial forecasting
- Planning Space Financials creates pro-forma financial statements from economic outlooks and financial forecasts and supports analysis of funding strategies.checked 5 Oct 2001
- Financial modeling
- Yeschecked 20 Sep 2001
- Integrations
- Quorum says open APIs provide integration opportunities with products in the Quorum Energy Suite and third-party tools.checked 5 Oct 2001
- Intended users
- Quorum describes Planning Space Reserves as serving organizations ranging from small independents to international supermajors.checked 5 Oct 2001
- Modeling scope
- multi-domainchecked 20 Sep 2001
- Operational modeling
- Yeschecked 20 Sep 2001
- Portfolio optimization
- Planning Space Portfolio helps evaluate trade-offs, optimize plans, and manage uncertainty in strategic decisions.checked 5 Oct 2001
- Purpose
- Planning Space combines data and models for capital, financial, reserves, and resource planning for the energy industry.checked 5 Oct 2001
- Reserves management
- Planning Space Reserves can capture estimates from volumetric calculations, reservoir simulations, and economic engines, and supports integrated analysis and reporting.checked 5 Oct 2001
- Security and audit
- The Reserves page says the product has a full audit trail and security features, and describes it as supporting SEC compliance.checked 5 Oct 2001
- Sensitivity analysis
- Yeschecked 20 Sep 2001
- Version history
- Yeschecked 20 Sep 2001
The company
- Headquarters
- Houston, Texas, United Stateschecked 28 Sep 2001
Money
- Planning modules
- The suite includes Dataflow, Economics, Financials, Reserves, and Portfolio capabilities.checked 5 Oct 2001
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