Oil and gas IT is in crisis. Despite a booming market, there has been a pattern of prolonged under-investment combined with a chronic lack of vision.
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This is unsustainable, particularly given the new realities of oil and gas economics in the twenty-first century. The era of easy oil has passed, and there is a need for significant increases in productivity to ensure the profitability of difficult or marginal fields.
Within two years, services delivered from the public cloud are predicted to be an essential and significant component of IT delivery in the majority of oil and gas companies.
Oil and gas companies without a plan for movement to the cloud are already late in the adoption cycle, and their more agile competitors are likely to be significantly better placed to compete as a result.
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This paper covers the following topics:
The need for change in oil and gas IT
A new approach to IT
The cloud in action
Is your Current Production Allocation and Reporting system keeping up with the demands of your oil and gas business?
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Want to know more about what our cloud-based platform and industry leading apps can do for you?
EnergySys is the first cloud-based apps platform specifically designed for the agile oil and gas business. It’s ideal for companies that want to respond effectively to the constant change of our industry, giving them the power to add applications or modify them, without programming or expensive consultants. The result is the ability to make the right decisions quickly, based on accurate data.
Rapid implementation, up to 75% faster than traditional systems, means this is available within days not months or years. Whether you’re interested in our Production Allocation Standard, or any one of a range of standard apps, EnergySys gives you the freedom to deliver the functionality your agile business needs. And because it’s delivered in the cloud, you can expect regular updates with fantastic new functionality and new apps.
The price is proportional to the production under management, with no lock-in, no separate licensing fees or upfront investment. Just one simple, straightforward subscription.
Based in the UK, we have a growing list of global clients including Apache, TAQA and Addax.