drillbox, Inc., to Launch Low Cost Well Data SAAS Platform at SPE Low Permeability Symposium May 5th in Denver, CO

Denver, CO, April 20, 2016 --(PR.com)-- As many companies in the Oil and Gas sector have moved to cut budgets a start-up company providing well data is hoping that their offering will fill a once cost prohibitive need at a very attractive price point.

"We had a vision to offer quality, current, oil and gas production data at a reasonable price by leveraging the latest open source technologies combined with the power of the Amazon server infrastructure. The market has softened considerably since we started building drillbox and it has created a financial strain on a lot of organizations. I'm confident that our launch can ease some of that strain and help companies save on operational costs when it will be of most benefit to them. We're continuing to add new areas, and update existing well data every month in our effort to become known as the best overall production data solution. In the event that we don't have what a customer is looking for, every subscription comes with free custom research and reports so that we can always deliver what our customers need." -CEO Matt Showalter

The 2016 event is being held at the Hyatt Regency Denver May 5th and 6th and will feature an expansive technical session. To learn more about the event or to register please visit spelps.org

Founded in 2016 drillbox, Inc provides current, accurate, and affordable, well data by subscription for as low as $29 a month. For more details please visit www.drillbox.co or find them on twitter @drillbox