Oil and Gas

Overview


Five of the top seven global oil and gas companies use Cognos software to gain visibility into their business, manage assets, and drive performance. A major global oil company saved an estimated $140 million using Cognos software to focus on customer profitability and retention.

Oil and gas organizations use IBM Cognos 8 Business Intelligence and IBM Cognos 8 Planning software and services to:

Leverage the digital oil field

  • Consolidate data from multiple oil & gas systems—production, reserves, accounting, and well logs—into a single view of your operation based on common data definitions
  • Leverage your investment in any ERP (such as SAP, and Oracle-PeopleSoft) and any platform (such as IBM and Microsoft)
  • Identify trends, anomalies, and opportunities, and model the effects of key business drivers, such as NYMEX prices, against various scenarios using IBM Cognos 8 Business Intelligence software

Streamline and regulate financial processes

  • Perform integrated operational and financial planning in real time for immediate visibility into resource requirements and future business results using Cognos planning software
  • Automate workflow and aggregation by collecting volume and financial data from oil & gas source systems
  • Replace error-prone spreadsheets with a single, consistent version of corporate information
  • Structure your data and reporting processes to comply with Sarbanes Oxley and other regulatory compliance initiatives

Read our white paper on the critical role IT plays in SOX and other regulatory compliance endeavors.

Manage the big crew change

  • Understand the effect of 50 percent of the oil & gas workforce retiring in the next six years
  • Turn the challenge into a competitive advantage through effective succession planning
  • Get a view into key oil & gas workforce measures such as headcount and turnover, demographics, compensation and incentives, benefits, and new talent recruitment using the IBM Cognos 8 Workforce Performance application

Read our human resources white paper to understand how business intelligence can help you manage your current workforce and plan for succession.

Maximize supply chain efficiencies

  • Monitor and analyze your supply chain with a view to controlling expenses going to labor, supplies, services, and other areas across the chain
  • Identify and rein in rogue spending
  • Compare and benchmark oil & gas suppliers in terms of quality, delivery, and price

More: Benefits and Value

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