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We Need to Talk About Those Well Files

Posted: March 7, 2017
By: Debora Ajenblit, Principal Consultant, Stonebridge Consulting
After years of working with oil and gas companies, you start picking up on behavioral patterns and common themes. A recurring one is “Our well files are a mess.” Granted, well files are messy by nature. Older documents need to be checked out from the file room, and newer information is scattered across multiple shared drives with no apparent order. Business units have different conventions for...

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Procurement Process Optimization 101: A Primer for Oil and Gas Companies

Posted: October 26, 2016
By: Edwin Acuna, Senior Advisory Consultant, Stonebridge Consulting
Oil and gas companies are always looking for strategies to improve operational efficiency and reduce expenditures. And this is especially true during a market downturn. The procurement function in oil and gas can play a pivotal role in achieving greater operational and financial efficiency. This blog is the first in a series on procurement optimization for oil and gas companies. While my ultimate goal...

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Data Warehousing: Still Delivering Operational and Financial Insights to Oil and Gas Companies, Regardless of Size

Posted: September 23, 2016
By: Dana Watson, Advisory Consultant, Stonebridge Consulting
Data warehousing doesn’t get the hype that big data analytics gets in the oil and gas industry these days. But oil and gas companies of all sizes are still using “old school” data warehouses because they are a proven, practical solution for giving users – i.e., information consumers – access to the data they need to make informed business decisions. And for users themselves, that is no small...

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Enterprise Apps in the Cloud: A Growing Trend in Oil & Gas

Posted: July 27, 2016
By: Adam Hutchinson, President, Stonebridge Consulting
When it comes to IT, oil and gas companies are as a general rule conservative: cautious when it comes to change, less likely to be an early adopter of the latest new thing. Which is odd for those of us who grew up in the industry – I’m third-generation oil and gas, and have been in and around the industry from a professional perspective since I graduated from OU with a degree in chemical engineering...

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O&G Best Practice: Procurement Process Optimization Depends on a Solid Asset Management System

Posted: February 11, 2016
By: Andy Reinert, Advisory Consultant, Stonebridge Consulting
When the price of oil is high, the goal is to get as many wells drilled, completed and flowing as quickly as possible. In good times, whatever process accomplishes this goal is the process chosen. Cost reduction, savings and proper management of assets and procurement process optimization take a back seat. When times are good, a preventable high-dollar mistake is bad, but it can be overcome by pumping...

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Is Agile Project Management Just a Trend?

Posted: November 17, 2015
By: Tara Woolbright, MBA, PMP, CSM, Engagement Manager, Stonebridge Consulting
Many of us veterans in the project management field have seen, heard, maybe even experimented with radical variations on how things should be done for a successful software development project or COTS implementation project. Some of these new ideas made sense, while others, well, we still aren’t sure what the end result was supposed to achieve. But with agile project management methodologies like...

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Data Quality: How to Build Trust in the Data That Drives the Oil and Gas Enterprise

Posted: November 5, 2015
By: William Cummings, EnerHub Executive Director
Everyone knows the importance of having accurate data in business. Decisions are made on it, it is required to comply with federal regulations and people lose their jobs and sometimes even go to prison over it. In today’s oil and gas market, it is even more critical to trust your data, share it with the right systems and people, and make informed decisions. Companies must have a strategy and commitment...

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WellView Best Practices: Leverage Completions Data to Maximize Production Performance

Posted: October 29, 2015
By: Kate Stevenson, Enterprise Director, Peloton Services
Today’s operators, faced with a continued market downturn and its impact on future horizontal drilling opportunities, are asking themselves, “How can we maximize our potential earnings in each play?” Because the North American shale revolution has unlocked vast amounts of reserves once thought impossible to exploit, operators are scrutinizing completions data by play—and leveraging Peloton...

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Reducing SQL Server Licensing Costs via Server Consolidation

Posted: June 30, 2015
By: Russell Epps, Principal Consultant
The explosion of SQL Server instances in many corporate IT environments has resulted in SQL Server licensing “sticker shock.” Whether you’re having to purchase new SQL licenses or performing a Microsoft “true up,” and whether you are under the previous licensing model or Microsoft’s newer model of licensing by computing power per core, or even if you’re on the retail box model, SQL Service...

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