What You Didn’t Know About Land Administration in the Oil & Gas Industry
The land administration department of your average oil and gas company manages the crucial back-office functions for the firm’s exploration and production efforts. This critical work involves all manner of land asset care, including negotiating agreements, maintaining leases and contracts, analyzing their production and profitability, and more. In this article, we will discuss: The three […]
From Silos to Synergy: Why Cloud-Based Data Warehousing Is Essential For Oil & Gas Companies.
FUELING EFFICIENCY & STABILITY As the oil and gas industry shifts its ways of working, increasingly becoming more digital, data has become one of the most valuable assets companies possess. Data plays a critical role in decision-making processes across all levels of the organization. From reservoir analysis to production optimization, to lease valuation, and more, […]
EAG Knows Applications
EAG APPLICATION SUPPORT; DEFINED: Application Management & Support team is like healthcare for your technology landscape and key applications. Our EAG Application Support team is responsible for making sure your applications run smoothly by often responding to functional and technical problems that occur abruptly and require immediate attention. We create innovative solutions and deploy fixes around […]
7 Reasons Back-Office Outsourcing is the Ideal Strategy
A lot of work goes into cultivating a successful business. Unfortunately, many of those processes — such as human resources and information technology — have nothing to do with the actual product or service you’re delivering. When you hire a top-tier back-office outsourcing firm, professionals handle all of those essential administrative tasks on your behalf. In […]
5 Reasons Your Oil and Gas Company Needs Consultants
Even the most sophisticated oil and gas company will eventually run up against problems and opportunities outside of their expertise, especially if they want to expand. Thankfully, there are consultants who specialize in oil and gas and you can rely on their years of deep knowledge for guidance on your current or future situation. Some […]
How Data Integration Consulting Helps the Oil & Gas Industry
You walked into the office that morning seeking answers about a problem in your lead field office. According to the project lead, some discrepancies about key extraction and distribution processes had arisen, but you didn’t have a clear picture of the issues because of muddled data. The information was there amidst the reports from various […]
How Back-Office Outsourcing Can Take Your Company to the Next Level
No matter the size, every business eventually reaches the point where they must decide whether to remain at the status-quo or change directions if they want to continue being successful. With back-office outsourcing, your company can pursue a more focused and strategic course of action that helps you take the right steps forward. In this […]
What you Should Know About Oil & Gas Accounting
Accounting for the oil and gas industry isn’t for the faint of heart. You must possess a deep breadth of knowledge about contemporary financial techniques and how they apply to the energy industry. In this article, we’ll touch on the following: The concept of best practices The fundamentals of oil and gas accounting The key […]
Five Ways Leaders Can Reduce Their Operating Expenses
This article provides actionable recommendations on how to reduce operating expenses incurred by your oil and gas company with the goal of helping you apply the right dollars to essential business functions. Your firm has experienced a few good months recently. Maybe you’ve successfully acquired additional wells, finally have a smooth land administration process or efficient […]
How Data Analytics Will Improve Your Business
Data is everywhere. It’s constantly collected, analyzed, and used by businesses of every shape, size, and description. However, not all data is created equal. As a business owner, you must determine the essential key performance indicators (KPIs) that will help you grow. That’s the end goal of data analytics: To drill down through the crust […]