Seven Lakes Technologies, a Westlake Village developer of software products for the oil and gas industry, announced the opening of an office in Midland, Texas.
Seven Lakes software includes enterprise analytics and workflow solutions that help operators get the most out of their oil production efforts while keeping costs low.
Having an office in the heart of the oil-rich Permian Basin will lead to tech-driven growth for energy producers in the region and will enable them to have pump platforms powered by artificial intelligence, among other things.
“With an office in Midland, it’s easier to innovate with them and deliver value sooner,” said Seven Lakes Chief Executive Shiva Rajagopalan in a statement.
The company did not mention how many employees will be hired at the Midland office, nor if existing employees will transfer to the new location.