Run Field Production Operations from a Single Pane of Glass

The Ins and Outs of Booking Revenue in Upstream Accounting.

WHITE PAPER

The oil and gas industry has officially gone digital. While we weren’t the first to adopt emerging technology like cloud computing, we have now begun to digitize processes and workflows that have long relied on pen and paper (or at best, Excel.) This digital transformation can and will deliver meaningful business benefits, from greater efficiency, streamlined operations, cost savings, and improved safety. But it also comes with growing pains: while it seems like we have a digital tool for everything, that wide assortment of software has introduced its challenges.

Upstream oil and gas teams must now juggle dozens of disparate applications that mostly support a one-on-one use case and struggle to talk to each other. Information comes in through some channels and gets processed out of others, like a digital game of telephone. This disconnect not only leads to inefficient communications and an increased administrative burden, it has a profound impact on core business operations. Without reliable, accurate, timely, and transparent data, organizations waste critical time, money, and resources.

Fortunately, there is a better way. The W Energy production offering unites field service management and field data gathering into a single pane of glass, simplifying field operations on one user-centric platform.

Let’s take a closer look.

Subscribe to Our Insights

Be the first to access blogs, case studies, videos, and more from our experts.