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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Wood-Mac Launches New Tool

January 1, 2023 by PBOG

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, announced in November their launch of Lens Gas and LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

As the newest addition to Wood Mackenzie’s Lens data analytics platform, Lens Gas and LNG offers a single tool to explore all gas and LNG data, analysis and modeling capabilities. This seamless Lens experience brings Wood Mackenzie’s renowned expertise, analyses and modeling insights together to enable faster, more accurate operational and strategic planning, and portfolio management.

“Lens Gas and LNG is a must-have solution for any energy market participant,” said Andrew Pearson, Global Head of Gas and LNG at Wood Mackenzie. “It is built to support customers with strategic planning, valuations, MandA, business operations, strategic sourcing and trading.”

With integrated user workflows, the Lens platform helps quantify risk and identify opportunities through understanding market dynamics and their impact on investments. Users can rapidly develop alternative, bespoke market outlooks that leverage Wood Mackenzie’s vast expertise in creating industry-standard models to produce detailed analysis.

“The gas and LNG industry has undergone significant changes over the last few years, from new innovations spurred by the energy transition to major global events impacting supply, demand, trade flows and prices. To help navigate these complexities, Lens Gas and LNG brings markets forecast and modelling workflows to its current asset optimization capabilities to provide a uniquely integrated view of gas and LNG markets and assets.”

Filed Under: Drilling Deeper

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