Like many large energy enterprises with global operations and ongoing M&A activity, a US-based supermajor relies on a mix of commercial hydrocarbon accounting products across its vast operational footprint. The supermajor developed proprietary data management tools to manage the flow of field operations data, volumes, and other well data into its myriad hydrocarbon accounting systems....Read More
Earlier this year Stonebridge Consulting promoted Andy Reinert to Senior Director of Technology as part of our strategy to position the brightest minds at the forefront of the growing digital transformation evolution. Andy has been a valuable contributor to many successful digital transformation and data management projects for more than 8 years at Stonebridge Consulting,...Read More
“Rip and replace” is a phrase that instantly conjures an emotional response for software users long accustomed to their workflow on legacy systems. For the C-suite, the prospect of a long software implementation process and the associated CapEx is completely avoidable if the status quo still works, i.e., if it ain’t broke, don’t fix it....Read More
The digital oilfield ecosystem has never been bigger with the breadth and depth of software solutions continuing to expand. Volumetrics is a microcosm of this larger digital ecosystem, represented by myriad types of software such as production accounting, field data capture, allocations, and measurement data management, analytics, and diagnostics. Field data capture alone represents a...Read More
by Amy Moore Oil & gas volumetrics is a machine with many moving parts. Like a digital gathering system, it all starts at the wellhead where data begins flowing, either from automated supervisory control and data acquisition (SCADA) equipment connected to metering stations or hand entered by field staff. The accounting movement of hydrocarbons must...Read More
Maximizing Oil & Gas Profitability with Energy Data in Balance Part1 – Are You Losing Money to Bad Data? by Amy Moore When it comes to oil & gas volumetrics, we live in a nonprecise world. Crude oil storage tanks expand with the sun’s heat, dints in a hauler change its actual volume, and natural...Read More