By

Stonebridge Consulting

Oil and Gas Company Completes Significant Appalachian Basin Asset Acquisition in 90 Days

A privately held oil and gas company teamed with Stonebridge to accelerate the integration of a significant asset acquisition comprising more than 250 employees, 5,700 wells, 4,000 miles of pipeline, and 20 field offices across three states. Opportunity The company’s growth strategy is built on the acquisition and management of producing and non-producing oil and...
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Fast-Growing Operator Completes ERP Software Selection in Under 60 Days

The veteran leaders of a newly formed oil and gas venture were aware of the benefits of enterprise resource planning (ERP) systems. ERP integrates processes and facilitates information flow between Land and Accounting, and often includes Operations. Eager to execute their aggressive growth plan in the Oklahoma STACK formation, the leadership team wanted to introduce...
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Intranet portal for working interest partners

A Houston-based independent oil and gas company faced a common administrative burden among E&P operators: regular, ongoing communication with working interest owners. Solution Benefits Secure extranet portal for working interest owners to view structured and unstructured well data at their convenience Detailed audit trail showing when documents are added and which partners have viewed them...
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Improving visibility into land department processes and interactions

A Denver-based exploration and production company needed visibility into land process activities and interactions across its land department and multiple supporting vendors. Solution Benefits Identified over $360,000 in annual cost savings by eliminating duplication of effort Provided the client with visual tools to analyze activity and ownership among vendors Recommendations for removing bottlenecks that hamper...
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AFE workflow with document management

Faced with the prospect of drilling thousands of new wells, this Houston-based company needed to resolve its overtaxed AFE process issue at the enterprise level. Solution Benefits Tracks each AFE through its life cycle, increasing the reliability of the process Improves AFE approval turnaround time by 30% Establishes a standard company-wide AFE approval process for...
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Software selection for drilling and completions

A Houston-based upstream company looked to Stonebridge to provide software evaluation and vendor negotiation services for its drilling and completions unit. Solution Benefits Unbiased, vendor-independent recommendation of “best fit” solution Best practice-based evaluation methodology based on solution pilot tests Recommendation included implementation plan, resource estimates, and negotiation strategy Project Summary A Houston-based upstream oil and...
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Tracking “prospect to spud” activity

Line of business vice presidents at a high growth oil and gas startup looked to Stonebridge to prepare for accelerated drilling activity in the Utica Shale and Woodford Shale plays. Solution Benefits Uniform process workflow for capturing pre-drilling activities across all departments Standard forms and reports for well-related processes and operationally dependent sub-processes Management reporting...
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Upstream information architecture drives consistency

An independent oil and gas company based in Houston looked to raise its game in both information management and business process optimization. Solution Benefits Efficient management of key data entities (e.g., well), including business rules for data quality, workflow related to activities and data, and unified Integration with enterprise systems allowing data to be distributed...
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Location-based analytics increases visibility

A Tulsa-based pipeline company turned to Stonebridge to develop a custom business intelligence application that would leverage its internal and external data assets, including geospatial data about its pipelines and connections. Solution Benefits Web-based geospatial dashboard used across the entire organization Unites internal and external data sources in an interactive map view Leverages existing GIS...
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Migration of drilling data to well management solution

After completing two significant acquisitions of well assets within the Fayetteville Shale play, a major oil and gas company looked to Stonebridge to assess the feasibility of a large-scale data migration project to migrate drilling data from three acquired source systems. Solution Benefits Structured process for migrating drilling data from multiple acquired data sources Data validation of...
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