TULSA, OKLAHOMA — Data Science industry veteran will expand eLynx’s analytics initiatives
eLynx Technologies, a leader in oil and gas analytics, announced that Bill Abbott has joined the company as its Chief Operating Officer (COO).
Reporting to CEO Steve Jackson, Abbott is responsible for the company’s day-to-day operations and for accelerating eLynx’s growth. Abbot will also define the strategies, operations, and sales and marketing initiatives to expand eLynx’s predictive analytics business.
Abbott joins eLynx after a twenty-five-year career building teams who develop state- of-the-art, data science-driven analytics to improve business performance. Prior to eLynx, Abbott was a partner in PwC’s Advisory Services group, where he led the Commercial and Industry analytics practice. As a member of PwC’s leadership team, he scaled that practice to more than 250 employees, applying advanced data science to energy, communications, financial services, and related markets. His team pioneered machine learning, predictive modeling and optimization techniques to solve problems for leading companies world-wide such as predicting equipment failure, extracting insights from unstructured data, and optimizing bidding strategies. Abbott joined PwC after the firm acquired Diamond Management and Technology Consulting, where, as a partner, his teams developed models to predict customer and operational outcomes, pinpoint root cause opportunities, and assess operational risk.
“Bill will spark the next step in our growth,” said Steve Jackson. “He has built and led some of the finest analytics teams — teams that have improved decision making in multiple industries. I have no doubt that he will do the same at eLynx and help accelerate our efforts to transform the economics of our industry.”
“I am excited to join eLynx,” said Bill Abbott. “I met Steve through my consulting practice and was excited by his vision to use data to improve oil field operations. The company’s exceptionally high-quality data and services convinced me eLynx was in the best position to lead the industry into a new era of analytics-driven oil field production. My hiring and the growth of our analytics team clearly signal eLynx’s commitment to analytics leadership. And while others are promising predictive analytics, we’re delivering on that promise to customers today.”
eLynx’s investment in machine learning and predictive analytics is the latest phase of the company’s use of data to improve oil and gas operations. Eighteen years ago, eLynx pioneered web-based remote field monitoring and SCADA as a Service. A decade later, the company introduced a suite of reporting and analysis tools to help customers find operational insights in their daily production data. Today, eLynx, in partnership with Microsoft, Tulsa University’s Artificial Lift project and leading oil and gas producers, is developing state of the art predictive models to optimize production, detect anomalies and reduce costs. eLynx’s continued investment in predictive analytics remains the company’s top strategic priority.
eLynx Technologies is a leader in data-driven analytics, remote monitoring and field automation for the oil and gas industry. Since 2000, eLynx has pioneered real-time data collection, production reporting, and remote monitoring and control for than four hundred exploration and production companies. eLynx’s web-based and mobile solutions deliver real-time data and data-science driven insights to optimize production while reducing costs and risks. Headquartered in Tulsa, Oklahoma, eLynx provides analytics and on-site data services to operators in all major basins in North America. For more information, visit www.elynxtech.com.