Transzap

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Transzap, Inc. provides software solutions that significantly improve the flow of business information as well as operational efficiencies for companies in the North American oil and natural gas industry. Through its suite of software-as-a-service (SaaS) solutions, known throughout the industry by the Oildex brand, Transzap enables companies to collect, distribute, manage, and analyze essential business data – far more efficiently and faster than traditional desktop software systems.

In addition, Transzap’s SaaS services offer oil and gas companies, their partners, and suppliers a community and framework for carrying out business over the Internet, resulting in substantial savings from no longer having to exchange core operating and financial information manually. The Oildex system also enables key decision makers throughout an organization to have almost instant access to real-time operational information, substantially accelerating their ability to make decisions on mission-critical operating issues.

Since its inception in 2001, Transzap’s Oildex SaaS system has grown to become one of the largest and most relied upon web-based information exchanges in the oil and natural gas industry. Today, it serves more than 9000 companies/clients and 200,000 registered users – and Transzap estimates that more than 40% of all U.S.-based oil and gas production revenue data is currently transmitted through the company’s Oildex system. Clients include all major oil companies, hundreds of independent oil and gas producers, the world’s largest banks, and tens of thousands of royalty and working interest owners.