Oil and Gas

Benefits and Value


Cognos software and services deliver value to the world's leading oil and gas organizations.

Reporting, analysis, and business intelligence
Cognos, an IBM company, offers the most comprehensive business intelligence and reporting coverage in the industry. You can use BI software to:

  • Measure and manage your performance and get everyone working towards common goals
  • Identify high and low performing areas, fields, and wells, and standardize and automate oil field testing
  • Get a complete picture of acquisitions, dispositions, and operational and financial variances
  • Communicate performance information across the company with enterprise-scale reporting
  • Share information with key partners and suppliers through a BI extranet.

Learn more about Cognos reporting, analysis, and business intelligence software.

Planning, forecasting, and consolidation
Cognos planning and consolidation software improves performance in the key aspects of your organization. You can use planning and consolidation software to:

  • Automate the collection of budget, forecast, and actuals data, identify key drivers, and apply financial assumptions to build and consolidate a master budget and forecast
  • Collaborate among finance, operations, and other stakeholders, reducing budgeting and forecasting workload and improving strategic analysis and timely decision-making
  • Consolidate information from common core applications (reserves, production, accounting) to conduct proper variance analysis on volumes and revenue
  • Understand the implications of increased and decreased production volumes on cash flow, distributions, income statements, and the balance sheet
  • Model distributions and dividends, develop hedging and financing strategies, and manage acquisitions and dispositions

Learn more about Cognos planning and consolidation software.

Scorecarding
Drive corporate performance from your desktop. With Cognos scorecarding software, you can:

  • Monitor key performance indicators, such as lease operating expenses and well production, to quickly identify potential problems
  • Keep an eye on cash flow
  • Watch for retirement clusters to plan for succession
  • Be notified of supply chain anomalies

Learn more about Cognos scorecarding software.

IBM Cognos Performance Applications
Cognos offers analytic applications that deliver hundreds of pre-built reports, metrics, and connections to standard data sources. Using IBM Cognos Performance Applications, you can:

  • Monitor key performance metrics of your extended supply chain to maximize performance with Supply Chain Analytics
  • Analyze your workforce and develop strategies to manage the big crew change with Workforce Analytics

More: Read Fact Sheets

Find out more about:


Additional Resources:


IBM Cognos 8 BI Reporting
Online Demo
See real-world reporting scenarios for casual business users and professional report authors.
Read Now
IBM Cognos Upstream Oil and Gas Performance Blueprint
Business Value Guide
Find out how The IBM Cognos Upstream Oil and Gas Planning Blueprint provides a performance management framework – including planning, metrics and reporting – that allows the upstream oil and gas sector to plan production, revenue, expenses, and capital expenditures at the field or total company level.
IBM Cognos Plan-To-Perform Blueprints: Headcount & Compensation Planning Business Value Guide
Business Value Guide
See how a forward-looking planning process helps align financial objectives with workforce decisions.
Improving Performance in the Upstream Oil and Gas Industry
Fact Sheet
Eneco Energie: Powered by Information-Based Marketing and Decisions
Customer Testimonial
Read how Eneco Energie is achieving profitable revenue growth and linking strategic operational measurements to financial outcomes with Cognos 8 BI.
A Pipeline to Managing Business Performance In The Oil & Gas Industry
White Paper
 
Oil & Gas Resources
IBM Cognos 8 BI Reporting Demo
Online Demo
See real-world reporting scenarios for casual business users and professional report authors.
Eneco Energie
Customer Testimonial
Powered by Information-Based Marketing and Decisions.
Contact Sales