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One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.Learn More About Our Customers Success
For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.
At this global energy company, decision makers gained access to timely, actionable intelligence that helped them bring in $8 million of additional value to their trading book in the first year while meeting other strategic goals and establishing a standardized decision making system for all trading teams.Learn more about our client’s successes
With operations in Texas and California, this independent oil and gas company implemented a single, integrated system that enabled access to 30+ standard reports with the latest well and production info via the Web, avoiding manual processes and increasing data currency. Easily created/maintained “hands-free” data feeds saved months of development time.
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