Just like every other part of your business, Hydrocarbon Accounting (HCA) is more efficient and produces better results when it is tailored to your requirements. However, with traditional systems like Energy Components these customisations present users with problems right from the start. Implementation requires a team of developers and technology experts, and these same highly skilled individuals are required every time a change is needed, or the software requires an upgrade. When you have to ask Accenture to do the upgrade for you then you know you’re in trouble! This type of customisation means that you have lost the benefits of a product: there’s no clear separation between the core software and your solution.
This is not simply a problem with production reporting and hydrocarbon accounting. It is a pattern repeated across the oil and gas sector. Continue reading “You deserve better: the future of Hydrocarbon Accounting”
Efficiency is vital in the oil and gas industry, and operators are constantly on the hunt for a competitive edge as they seek to produce hydrocarbons as cost-effectively as possible. This drive for efficiency has seen the industry shift towards automation that reduces human error and cuts costs. This change is particularly evident in mature plays such as the North Sea and the US onshore, where cost constraints are such that more and more must be done with fewer and fewer staff. Continue reading “Digital Transformation in Hydrocarbon Accounting”
As the end of the year approaches, we find ourselves evaluating how the past year has gone – what went well? How have we helped the oil and gas industry? What can we do better?
Continue reading ““Best Oil and Gas Software Solutions Firm 2017” – What Now?”
Sarah Gillet, the British Ambassador to Norway, recently spoke at an event in Aberdeen about opportunities in the Norwegian Sea. She gave an insight into the current environment, and her viewpoint is extremely interesting.
Continue reading “Free the Porcupine”