11 January 2011
Preserve your value
The risks are great, the stakes high and the swings dramatic: this is oil and gas.
In this industry, a company’s fortunes can be made or lost in a single gut-feel decision, a market plunge, a price spike or a political whim. Leaders cede control for a chance at the big payoff. But in downswings, many companies are left wondering how profits could be less bound to volumes, prices and policies.
Some have found out how.
Forward-thinking oil and gas leaders have uncovered a new source of control and profit: insight. Better insight into corporate performance is helping them seize opportunities, reduce losses, improve cash flow and make more profitable decisions.
How can insight lead to profit?
In any oil and gas company, there are countless opportunities to manage and improve performance⎯ it’s just a matter of finding them.
Using the insight gained from business intelligence software, leading companies are adding millions to the bottom line by recovering lost revenue, avoiding unnecessary costs and accelerating operations.
Oil and gas leaders are also building top line growth through better strategic decisions. What is today’s best investment at the best price? If it’s time to increase volumes, how much and where? If it’s time to scale back, what to shed?
With the insight gained from business intelligence, you can boost both sides of the balance sheet, working smarter while maximizing opportunities.
Supporting experience and intuition
Synergy business intelligence software from Calgary-based GuildOne brings all corporate data together to provide a complete and accurate picture of corporate performance, including production, revenue, spending, assets, liabilities, royalties and acquisitions.
Using this clean, consistent data foundation, you can answer any business question and support your experience and intuition with facts. Just as geological, geophysical and historical drilling data informs a drill or no-drill decision, Synergy business intelligence lets you map the corporate landscape and reveal your potential. It lets you:
• Explore patterns in your operations and compare them with industry benchmarks
• Discover risks and opportunities, exposures and errors lying beneath the surface
• Develop strategies, risk mitigation measures and growth plans
What’s on your mind?
Through ten years of oil and gas industry experience, GuildOne has seen and solved a wide range of business problems for leading oil and gas customers. These best practices form the foundation of our software, letting you fix your most critical issues quickly and in a sustainable way. Synergy software helps you:
Make profitable portfolio decisions
With unconventional, offshore and horizontal plays more commonplace, exploration is now riskier, projects more complex and capital costs higher. Price swings cloud decisions. What is the right investment? At what cost? Will it choke off cash flow? Clear visibility into spending, budget, prices, costs and production profiles grounds the best intuition with the most reliable facts.
Maximize assets
What do we have that’s working? How can we make it work harder? What is underperforming and what will it cost to shed these liabilities? Are we missing revenue from royalties, volume, sales? Making the most of existing assets cleans the balance sheet and frees up cash for better investments. Because even in big oil, cash flow will always be king.
Inform strategy
All key decisions need to reflect your fundamental strategic outlook, from market-back assessments of gas and heavy oil opportunities to technology choices, downstream market entry decisions, upstream negotiations and explore versus acquire calls. Better insight informs strategy and helps link it to every part of your operations.
Mitigate risk and improve response
The oil and gas industry swims in risk. Besides the obvious hazard risk of drilling, companies are also exposed to large financial risks through the size and technical complexity of projects, market volatility, geopolitical uncertainty, regulatory exposures, and so on. Insight into risk costs and loss events can let you better manage risk, control costs and focus education and response strategies.
Oversee the big crew change
As skilled workers leave the workforce en masse over the next decade, the company with the best succession plan will prevail. Leaders will retain corporate knowledge through software and processes while retooling their stable workforce. They will attract the right resources with a work environment that makes daily challenges easy to overcome through broad access to trusted information.
Improve your corporate contribution
Oil and gas leaders recognize that sustainable drilling, green policies, ethical employment practices and accountable corporate governance contribute to both company and industry longevity. Business intelligence scorecards help define benchmarks and set targets to keep you on course with your corporate social contract.
Preserve your value
The risks are great, the stakes high and the swings dramatic: this is oil and gas.
In this industry, a company’s fortunes can be made or lost in a single gut-feel decision, a market plunge, a price spike or a political whim. Leaders cede control for a chance at the big payoff. But in downswings, many companies are left wondering how profits could be less bound to volumes, prices and policies.
Some have found out how.
Forward-thinking oil and gas leaders have uncovered a new source of control and profit: insight. Better insight into corporate performance is helping them seize opportunities, reduce losses, improve cash flow and make more profitable decisions.
How can insight lead to profit?
In any oil and gas company, there are countless opportunities to manage and improve performance⎯ it’s just a matter of finding them.
Using the insight gained from business intelligence software, leading companies are adding millions to the bottom line by recovering lost revenue, avoiding unnecessary costs and accelerating operations.
Oil and gas leaders are also building top line growth through better strategic decisions. What is today’s best investment at the best price? If it’s time to increase volumes, how much and where? If it’s time to scale back, what to shed?
With the insight gained from business intelligence, you can boost both sides of the balance sheet, working smarter while maximizing opportunities.
Supporting experience and intuition
Synergy business intelligence software from Calgary-based GuildOne brings all corporate data together to provide a complete and accurate picture of corporate performance, including production, revenue, spending, assets, liabilities, royalties and acquisitions.
Using this clean, consistent data foundation, you can answer any business question and support your experience and intuition with facts. Just as geological, geophysical and historical drilling data informs a drill or no-drill decision, Synergy business intelligence lets you map the corporate landscape and reveal your potential. It lets you:
- Explore patterns in your operations and compare them with industry benchmarks
- Discover risks and opportunities, exposures and errors lying beneath the surface
- Develop strategies, risk mitigation measures and growth plans
What’s on your mind?
Through ten years of oil and gas industry experience, GuildOne has seen and solved a wide range of business problems for leading oil and gas customers. These best practices form the foundation of our software, letting you fix your most critical issues quickly and in a sustainable way. Synergy software helps you:
Make profitable portfolio decisions
With unconventional, offshore and horizontal plays more commonplace, exploration is now riskier, projects more complex and capital costs higher. Price swings cloud decisions. What is the right investment? At what cost? Will it choke off cash flow? Clear visibility into spending, budget, prices, costs and production profiles grounds the best intuition with the most reliable facts.
Maximize assets
What do we have that’s working? How can we make it work harder? What is underperforming and what will it cost to shed these liabilities? Are we missing revenue from royalties, volume, sales? Making the most of existing assets cleans the balance sheet and frees up cash for better investments. Because even in big oil, cash flow will always be king.
Inform strategy
All key decisions need to reflect your fundamental strategic outlook, from market-back assessments of gas and heavy oil opportunities to technology choices, downstream market entry decisions, upstream negotiations and explore versus acquire calls. Better insight informs strategy and helps link it to every part of your operations.
Mitigate risk and improve response
The oil and gas industry swims in risk. Besides the obvious hazard risk of drilling, companies are also exposed to large financial risks through the size and technical complexity of projects, market volatility, geopolitical uncertainty, regulatory exposures, and so on. Insight into risk costs and loss events can let you better manage risk, control costs and focus education and response strategies.
Oversee the big crew change
As skilled workers leave the workforce en masse over the next decade, the company with the best succession plan will prevail. Leaders will retain corporate knowledge through software and processes while retooling their stable workforce. They will attract the right resources with a work environment that makes daily challenges easy to overcome through broad access to trusted information.
Improve your corporate contribution
Oil and gas leaders recognize that sustainable drilling, green policies, ethical employment practices and accountable corporate governance contribute to both company and industry longevity. Business intelligence scorecards help define benchmarks and set targets to keep you on course with your corporate social contract.