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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
For a growing Dallas-based upstream company, the acceleration in drilling activities put a bright light on an existing problem: an inability to track, monitor, and communicate throughout the numerous steps and dependencies in setting up new well assets in various transactional systems. Solution Benefits Increased visibility into the well setup process, from pre-drill to spud...Read More
For an independent upstream company, better information management about the company’s key well assets throughout their lifecycle was critical to decision-making and collaboration between business areas. Solution Benefits Centralized data management facility to replace disparate manual activities Introduction of collaborative technologies to improve work within and between departments Higher assurance of data quality through common...Read More
A growing midstream services company’s process for managing legal documents was creating significant inefficiencies. Paper-based records were organized by entity, placed in binders with tabbed sections indicating various document types, and stored on shelves in a file room. The company looked to Stonebridge to define a technical approach. Solution Benefits Combines process optimization with advanced...Read More
The client’s CEO envisioned a map-based software tool – a “spatial dashboard” – that would aggregate the multiple types of information related to wells and other assets inside a specific geographical area. Solution Benefits Presents relevant business data from familiar systems in an easy-to-use map interface. Depicts company assets – rigs, wells, and leases –...Read More