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 Reporting Architecture Can Improve with Back-Office Outsourcing

As technology becomes more powerful and more accessible, our expectations of its abilities grow in equal measure. The power of pure number-crunching and the reports generated from Big Data reflect such assumptions. However, all of these advancements are for naught if your company struggles to build a reporting architecture that makes your information usable. Thankfully, […]

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 […]

Understanding the 4 Types of Data Analytics

Companies increasingly grapple with how to handle the sheer amount of information they can collect from customers and business partners. Data analytics helps them sort, parse, and convert raw data into key performance indicators (KPIs) and actionable business intelligence. The methods by which we analyze data can be sorted into four core categories. These four […]

Using Big Data Analytics for Oil & Gas

While the concept of “big data” has been in the public consciousness for several years now, far too few companies actually take advantage of what it offers. They’re convinced that it doesn’t apply to them, that it costs too much, or that it’s just not right for them right now. In reality, big data analytics […]

How to Leverage Technology to Cut Costs & Achieve Growth

In this article, we’ll focus on four proven technology approaches that can benefit your upstream and midstream oil and gas company. These approaches will address your current struggles,  position your company to scale, and streamline your operations to weather the next time the business cycle points downward. 1. Digitize Your Back Office and Field Operations […]

6 Essential Elements of a Business Risk Assessment

We’ve discovered 6 essential elements for conducting a business risk assessment that protects your company. Being prepared will always give your business the upper hand over your competitors — especially when something occurs that no one expects. As the adage goes, “An ounce of prevention is worth a pound of cure.” Unfortunately, far too many […]