After signing the OFS Portal Buyer Agreement, OFS Portal is pleased to welcome Paramount Energy, Sandridge Energy, and Yates Petroleum to our eCommerce community of suppliers, oil & gas companies and networks. There are now more than 70 oil & gas companies and 16 networks that have executed agreements to transact with our supplier Members. Key aspects of the agreements include preservation of data ownership, confidentiality and reliability of information delivered between trading partners, and the use of PIDX industry standards.

Paramount Energy is based in Calgary, Alberta www.paramountenergy.com; Sandridge Energy is based in Oklahoma City, OK www.sandridgeenergy.com; and Yates Petroleum is based in Artesia, NM www.yatespetroleum.com. More information about these companies is available on their web sites.

About OFS Portal

Headquartered in Houston, OFS Portal, LLC (www.ofs-portal.com) is a member-based group of industry-leading global upstream oil and gas suppliers and service providers who is at the forefront of global eCommerce processes in the oilfield. OFS Portal works with global standards organizations to converge and develop open and non-proprietary eCommerce standards for use in the upstream oil and gas industry, and delivers cost-effective ways to make eCommerce a reality for both buyers and sellers. Electronic data is provided in standard format at no cost to OFS Portal members' customers. OFS Portal operates with a non-profit objective.

OFS Portal’s members include Baker Hughes, BJ Services, Cameron, Halliburton, M-I Swaco, Schlumberger Oilfield Services, Smith International, Trican Well Services, Vetco International Ltd. (GE Oil & Gas), and Weatherford International.  Membership is open to all oilfield suppliers with activities in the upstream oil and gas sector.