One of the largest midstream energy companies in the US operates more than 100,000 miles of pipeline spanning most of the lower 48 states. Its right of way crosses hundreds of state, county, and municipal regulatory and taxing authorities, presenting a large scale accounting challenge. However, geospatial data related to actual pipeline locations was inconsistent...Read More
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
Greenlake Energy (Greenlake) is a recently formed startup energy company focused on producing responsibly sourced hydrocarbons, alternative energy, and emerging energy technology. Founded by former Parsley Energy executives with a track record of successfully starting and scaling oil & gas operations, Greenlake set out from day one to become a digital operator of the future...Read More
Client Parsley Energy is an independent oil and natural gas company focused on the acquisition, development, exploration and production of unconventional oil and natural gas reserves in the Permian Basin. Problem Leadership of the accounting, supply chain, and operations departments at Parsley wanted better visibility into operational-spend trends in order to identify cost-reduction opportunities and...Read More
Gaining better visibility into the company’s physical assets can open up an untapped operational resource, with a significant impact to the bottom line. A physical asset audit surfaces material transfer and cost-reduction opportunities. It also provides more accurate accounting of well costs and company-owned assets. Additionally, physical asset audits enable companies to uncover potential residual...Read More
In collaboration with Stonebridge, a midstream company took a significant forward step in operational excellence with a volume data reliability solution that provides its volume control team with complete transparency into gas volume data irregularities—upping the company’s customer service game. Challenge The client is a top U.S. pipeline company with operations in some of the...Read More
Challenge An oil & gas company faced a huge data problem impacting business operations: inconsistent data in common well attributes across multiple operational systems. The systems included well planning (Epex), production accounting (Enertia), geosciences ,(ArcGIS), drilling (Openwells), and reservoir (ARIES). To solve this challenge, the company had previously selected a Master Data Management (MDM) tool...Read More
The client is a Texas-based exploration and production company focused on unconventional oil and natural gas plays in the Eagle Ford. Challenge The client faced a data management challenge common among upstream operators: inconsistent data in common well attributes across multiple operational systems. The systems included well planning (Epex), production accounting (Enertia), geosciences (ArcGIS), drilling...Read More
A top-tier oil and gas company is generating new efficiencies in the field and the office from a SmartSource managed services agreement that provides 24/7 support for its WellView, SiteView and FLOWCAL application environments. Opportunity The client is a Fortune 500 oil and gas company focused on high-quality unconventional assets in multiple U.S. onshore plays....Read More
A fast-growing independent operator focused on the Permian Basin partnered with Stonebridge to lead a corporate-wide digital transformation initiative focused on standardizing the operator’s core operations, from the field to the back office to the C-suite. Opportunity The company selected Stonebridge to help achieve the defined objectives of its business transformation strategy, which focused on...Read More