Case Study

Global Energy Producer

Global Energy Producer

Pages 2 Pages

CASE STUDY: Global Energy Producer DIGITAL TRANSFORMATION RESULTS IN MILLIONS OF NETBACK FOR GLOBAL E&P COMPANY THE CHALLENGE Standing up an oil well, and getting it successfully operational is a lengthy and complicated process. Effective management of the asset lifecycle requires efficient coordination of a great deal of data across multiple business units, including a heavy emphasis on regulatory compliance. Decommissioning poses challenges such as deciding upon which wells are most profitable to fix, suspend, or retire, and timely management of the abandonment and land reclamation processes. A major global oil and gas producer had many cumbersome manual and paper processes that were slowing down efforts to streamline operations, and the company was losing ground with some of i

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