Thriving in the Digital Oilfield Part 4: Cash Flow Consistency By Brad Hext, Information Technology Service Manager at Stonebridge Consulting Booking oil & gas revenue is just one side to an E&Ps financials, the other side is cost accounting and accruing for inbound expenses. If you are a CFO predictability is king. Yet overbudget...Read More
Thriving in the Digital Oilfield Part 3: Implementation Anxiety By Brad Hext, Information Technology Service Manager at Stonebridge Consulting Software is mission critical in the digital oilfield and with about 30 discrete business processes to cover at an oil & gas operating company, E&Ps need a lot of software. These systems and apps need...Read More
Thriving in the Digital Oilfield Part 2: Data Dilemma By Brad Hext, Information Technology Service Manager at Stonebridge Consulting Software-as-a-Service, or SaaS, has been transformative for oil & gas companies, enabling teams to reduce the total cost of owning (TCO) the software they need for E&P workflows (accounting, land, field operations, etc.) vs. on-premise...Read More
Thriving in the Digital Oilfield – Part 1: IT Mission Impossible By Brad Hext, Information Technology Service Manager at Stonebridge Consulting The digital oilfield didn’t happen overnight. Like a physical gathering system, the digital pipelines and software ecosystems that define the information landscape of most E&Ps have been built up over time. The result is...Read More
Robotic process automation (RPA) gets a lot of attention these days. In fact, there is so much information floating around the internet, you can get downright overwhelmed on where to start. My objective today is to help you get more comfortable with the concept of RPA and how it creates operational efficiencies and reduces costs....Read More
One good thing about going through challenging times is that it offers the opportunity to look at the daily operations of an organization. And I mean really look. Because when you do, it’s hard not to see areas of improvement, whether through process optimization or through automation. Why is a specific process done this way?...Read More
TULSA, Okla., Nov. 25, 2019 – A top-tier Permian operator has selected Stonebridge Consulting to develop a robotic process automation (RPA) workflow for automating entry of trade confirmation data. Stonebridge is collaborating with RPA solution leader UiPath to design, develop and test the automated process for entering trade confirmation data into the operator’s commodity trading...Read More