You deserve better: the future of Hydrocarbon Accounting

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”

Why low cost is not enough

In a recent posting to LinkedIn, comments from an oil company contact were reported to the effect that high levels of investment in hydrocarbon allocation systems were unsustainable. The poster invited people to consider whether it was time to concentrate on value for money. I won’t link to the post, partly because it was on a closed group, but also because I wanted to focus on the general issue that it raises, rather than the specifics of the post.

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EnergySys Exhibit in Louisiana, USA at LAGCOE 25-27 October

EnergySys are pleased to announce their participation at the 2011 Louisiana Gulf Coast Oil Exposition in Lafayette, from October 25th to October 27th 2011.

Erik Eriksson, Head of Sales, will be manning stand EH72B under the Scottish Development International flag at this biennial show at the Cajundome and Convention Center in Lafayette, LA. The 2nd largest energy exposition event in the U.S., LAGCOE draws more than 15,000 attendees and features exhibits by 400 leading companies.

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Reducing the costs of IT in oil and gas

The ways that oil and gas companies address IT, outside core disciplines such as geology and geophysics, are marked by an unrelenting enthusiasm for cost cutting. However, it’s often the case that the methods employed, including outsourcing or offshoring, end up forcing a difficult choice between quality of service and cost. In the short term it’s easy to cut costs, but when you discover the things that don’t work because they’re outside scope or ill-defined, and the costs of putting them right, some options can be less appealing.

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