Merrick Systems (Merrick) is
a software development and project services provider
that focuses on the upstream oil and gas industry, specifically
in the area of production operations. Merrick is a recognized
industry leader for managing complex operational and
regulatory issues, producing robust software products
and delivering outstanding customer services. Merrick’s
product offerings extend oil and gas producing asset
life, lower lifting costs and optimize operations.
Samina Farid and Kemal Farid
founded Merrick Systems in 1989. Merrick’s initial
focus was on regulatory compliance and pipeline supply
management software for the energy industry. In 1998,
with the release of ProCount, Merrick’s focus
changed to the larger market for production accounting
and field data capture solutions. Over the past few
years, Merrick has emerged as a leader with integrated
solutions for the production operations market. Recently,
Merrick entered the drilling operations market with
a Rapid Component Identification (RCID) solution. Merrick
is a successful business with a sixteen-year history
of growth and profit, and is recognized as a key innovator.
Merrick is headquartered in Houston,
Texas, and has regional offices and personnel in Calgary,
Lafayette and Minsk. Merrick has been recognized four
years in a row as one of the top fifty fastest growing
technology companies by the Houston Business Journal.
Deloitte also has recognized Merrick the last three
years as one of the top fifty technology companies in
the state of Texas. Merrick has also been an active
player in establishing and promoting standards for the
industry through its membership in groups like POSC,
API/PIDX and COPAS/PASH.
Merrick has a reputation for its
industry expertise, being responsive to its clients,
building excellent and robust software solutions and
providing quality support. Merrick is committed to the
energy industry in our area of core competency. We focus
solely on providing operational solutions for the upstream
business.
Merrick’s value proposition
is to be the acknowledged industry leader in reducing
production operating costs through industry lessons
learned and best of breed automation technology.
Merrick has experienced rapid growth
since 2000 fueled primarily by the growing market acceptance
of its production operations suite of offerings and
industry knowledge. Over the past 4 years, revenues
have grown at an annual rate of over 40% per year, and
the number of employees has tripled, primarily in development
and client services. A large market, strong product
offering and the increasing need for IT infrastructure
in oil and gas operations present an opportunity for
continued rapid growth. Merrick’s ongoing growth
will come from a combination of organic growth and acquisitions
with a continued focus on the operations domain.
A Suite of Information Technology
Solutions for Upstream Energy
Merrick Systems is a significant
provider of enabling technologies for the Digital Oilfield.
Merrick’s best of breed products include the ProCount
suite for hydrocarbon accounting and production allocations;
DynaCap and eVIN for field operations and data capture;
Carte, a web based production monitoring and analysis
tool to view, graph, track or export daily or monthly
production trend information; RIO for reservoir and
well asset management and Rig-Hand for Rapid Component
Identification (RCID) in drilling operations. Merrick
has numerous regulatory reporting modules for production
and for health-safety-environmental compliance.
Merrick provides professional services
around its products addressing both business and technical
needs including systems integration, IT infrastructure,
product training, implementation, accounting support
and operations.
Market Segments Addressed:
Merrick products cover the following
functional domains:
- Field operations management
and field data capture
- Production allocation/hydrocarbon
accounting
- Technical data management
- Regulatory compliance
– production and HS&E
- Reservoir and well
asset management
- Preventative maintenance
- Project management/collaboration
- Asset and supply
chain management
- Drilling process
management
- Real time optimization
- Automation and telemetry
Management
Kemal Farid - President and
CEO
Kemal directs the strategy of the business, including
product development and support. He has a background
in automated test and measurement and process control
with twenty years of software development experience
and fifteen years in the oil and gas industry. His academic
qualifications include a Bachelor of Science degree
in Electrical Engineering and Computer Engineering from
the University of Texas at Austin and executive business
education at Rice University and the Massachusetts Institute
of Technology.
Mr. Farid is a member of the Society
of Petroleum Engineers, Institute of Electrical and
Electronic Engineers, Rice Alliance for Entrepreneurship
and Innovation, MIT Enterprise Forum, Young Entrepreneurs
Organization, The Executive Committee of Houston and
the Houston Technology Center Tech Champions. Kemal
is a mentor to students in the Entrepreneurship program
at the University of Houston and is a speaker at many
industry events. Kemal co-founded Merrick and is a major
shareholder. 
Samina Farid - Executive VP
and CFO
Samina has over 25 years of
business and technical experience in the petroleum industry.
She has held various management positions for companies
including
Houston Natural Gas and Enron, Esso Eastern, Pakistan,
Cabot Energy, and Brooklyn Interstate Natural Gas. Samina’s
career brings a knowledge base and lessons learned on
complex midstream and upstream production and regulatory
compliance related issues. She has worked primarily
in the United States but also in Pakistan where she
was employed by ESSO Eastern, Inc.
Samina's strengths lie in business
planning and strategy, organizational design, contract
negotiations and business coaching. She has been an
agent for change, stressing the importance of understanding
and managing the expectations and fears associated with
change when building and implementing new business solutions.
Samina graduated Magna Cum
Laude with a BA in Production Logistics Management from
the University of Houston. Ms. Farid has taken an active
leadership role on industry standards committees, having
been the Promotional and Education chairperson for American
Petroleum Industry’s PIDX group, and past co-chair
of the Regs User Group that sets eCommerce standards
for regulatory and environmental filings. Samina co-founded
Merrick and is a major shareholder.
Faisal Kidwai
– VP, Sales
Kidwai joined the Company in August 1992 as Comptroller.
Kidwai has a
bachelor's degree in accounting from the University
of Houston. Before joining Merrick, Kidwai worked at
American General Investment Corporation. Kidwai has
been instrumental in winning key accounts such as Ocean
Energy, Denbury Resources, Burlington Resources and
Unocal.
Kidwai is a member of the Society
of Petroleum Engineers, Petroleum Accounting Society
of Houston, and Independent Petroleum Association of
America. Kidwai participates by speaking at events hosted
by industry organizations such as the Panhandle Producers
and Royalty Owners Association and the Petroleum Technology
Transfer Council.
Ian Binmore
– Director of Drilling
Ian has over 25 years experience in the drilling industry.
This includes substantial field experience and 10 years
of successful design, development and management of
software and hardware applications specifically for
drilling and production operations at both large and
small companies.
Ian has held positions in product
design, planning and testing in Schlumberger, Merak
and Varco, and additionally spent several years as a
drilling engineer with the Southern California Gas Company.
Ian has a degree in Petroleum Engineering from the University
of Southern California.
Clara Fuge – Director
of Client Services
Clara leads the consulting team
responsible for implementations of Merrick’s product
suite and related consulting work. She works closely
with Development, QA and Product managers on short and
long term development plans based on client commitments
and expectations. Clara also leads Merrick’s semi-annual
ProCount User Group Meetings.
*Covered by one or more of the following
U.S. patent Nos. 5,142,128; 5,360,967; 6,347,292; 6,480,811;
and 6,604,063. Merrick Systems, Inc. is a sub-licensee
of Den-Con Electronics, Inc.” |
