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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
This major oil and gas company deployed a fully automated system to track compliance with Europe’s complex air, waste and water management permits across multiple facilities. It performed more than 1 million calculations daily and stored 5 million emissions calculations annually, accelerating air and water emissions reporting from 3 months to 3 weeks.Learn More About Our Customers Success
This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.
A top engineering firm helps clients reduce the uncertainty of O&G drilling projects while accelerating decisions for a competitive edge. It condensed scenario run time by 50-80%, lowered client project costs through better planning, reduced its own costs by improving consultant efficiency, and strengthened accountability with visibility into cost estimates.
Shale-oil production has gained traction and global recognition in past couple of years, to continue in 2017.… https://t.co/JZsO2oarsl
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