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Petrotranz is now a Wood Mackenzie business

Petrotranz is now a Wood Mackenzie business

March 11, 2020 | Download News Release (PDF, 147kb) CALGARY, AB, Canada (March 11th, 2020) - We're happy to share that at the end of last year, Petrotranz became a part of Wood Mackenzie, the world's leading authority on energy research. This is very exciting news for us. Wood Mackenzie's breadth and depth of global oil and gas expertise will enhance our existing offerings. As we work to better understand your challenges, Wood Mackenzie's focus on continuous improvement will also allow us to invest in and expand your services.

Wood Mackenzie is equally committed to confidentiality, security, and data privacy. We will continue to operate autonomously, however will have the support and backing of the energy industry's most prestigious brand.

About Petrotranz Inc.
Petrotranz Inc. is a technology company that builds, deploys and manages secure cloud solutions that automate and improve manual or inefficient processes within the Energy Industry. The commercial applications developed by Petrotranz are the Crude Oil Transportation System (COTS) launched in 2008, Liquids Transportation System (LTS) launched in 2013, Petrotranz Data Exchange (PDX) launched in 2014 and Petrotranz Quality Management (PQM) launched in 2016. Petrotranz is now the primary communication and collaboration platform of choice for Producer Operators, Shipper Marketers and Facility Operators managing and reporting crude oil, segregated condensate and natural gas liquids volumetric data. Petrotranz has over 1400 registered companies forecasting and reconciling over 875,000,000 boe/year (over 139,000,000 m3/year).

About Wood Mackenzie
Wood Mackenzie, a Verisk (Nasdaq:VRSK) business, is a trusted source of technical and commercial intelligence for the world's natural resources sectors. Founded in 1923 as a stock brokerage, it expanded to oil market analysis 50 years later. Today, Wood Mackenzie's data and insight span the entire energy value chain, empowering its clients to make better strategic decisions through its objective analysis on assets, companies and markets.

About Verisk
Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor's S&P 500® Index. In 2018, Forbes magazine named Verisk to its World's Best Employers list. For more information, please visit

For more information or questions, please contact:

Dallas Smith â€" CEO & Managing Director