Peter Flanagan (Ubiterra)
Overview
Peter Flanagan is a noteworthy entrepreneur and innovator in the software solutions field for the oil and gas industry. He is the founder and current President of Ubiterra, a company recognized for its cloud-based technologies that enhance data management for oil and gas exploration and production. Flanagan's contributions to the industry include the creation of several successful technology solutions, notably the development of ZoneVu, a pivotal tool for drilling and geosteering in the energy sector. His career is marked by his persistent pursuit of integrating technology with industry needs, thereby improving operational efficiencies and strategic outcomes.
Recent Developments
- February 20, 2024: Ubiterra raised $215K in seed funding, continuing its focus on expanding its cloud-based applications for the oil and gas industry. This funding aids in broadening product development and extending market reach.
- October 6, 2023: Ubiterra's ZoneVu version 6.1 was released, introducing enhanced functionalities in the Completions Module and a mobile app, enabling real-time drilling progress updates and improved data accessibility.
- 2023: Under Flanagan's leadership, Ubiterra continues to expand its technological offerings, reinforcing its core application UbiSeis and integrating innovative solutions that leverage cloud technology for more efficient data management.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Peter W. Flanagan |
| Born | 1955 (exact date not specified) in the United States |
| Nationality | American |
| Occupation | Entrepreneur, Software Developer |
| Known For | Founding Ubiterra and developing ZoneVu |
| Net Worth | Not publicly disclosed |
| Education | MS in Geophysics (University of Arizona) |
Early Life and Education
Peter Flanagan grew up in the United States, developing an early interest in geophysics and engineering. He pursued higher education at the University of Arizona, where he completed a Master’s degree in Geophysics. His educational background laid the foundation for his career in the energy sector, merging his technical skills with a strategic understanding of geophysical data interpretation. His career was notably influenced by his initial role at BP Amoco, fostering skills that would later manifest in his entrepreneurial ventures.
Career and Notable Achievements
Flanagan's career trajectory has been characterized by impressive entrepreneurial achievements, especially in the realm of oil and gas technology:
- 1983: Began his career as a geophysicist at BP Amoco, enhancing his expertise in seismic data interpretation.
- Parallel Geosciences: Founded to offer seismic data processing and storage solutions.
- Reflection Software: Creator of SeisVision, a 3D seismic interpretation tool used worldwide.
- Transzap: Co-founded this cloud-based service which was later acquired and renamed Oildex, serving over 1,000 clients.
- Ubiterra: Founded in 2011, this venture developed ZoneVu, significantly aiding the planning and execution of horizontal drilling.
- 2018: Awarded the Cecil Green Enterprise Award by the Society of Exploration Geophysicists.
Current Work and Impact
Currently, as the President and founder of Ubiterra, Flanagan remains at the forefront of technological advancements in oil and gas exploration. His leadership in developing ZoneVu has set new standards in geosteering and seismic data management, illustrating significant impacts across the industry. The platform's integration into the workflows of major oil and gas enterprises underscores its transformative potential. Flanagan's work continues to influence best practices in data management and operational efficiencies.
Conclusion
Peter Flanagan is a pioneering figure in the oil and gas technology sector, with a career underscored by innovative software developments. His visionary approach, especially with Ubiterra, demonstrates the profound impact of cloud-based solutions on modern energy exploration and production. As the industry evolves, Flanagan's contributions are likely to continue shaping future technological landscapes, laying the groundwork for more refined and efficient extraction processes.