Neil Duffin says Regulatory Compliance “More Important than Ever”
ExxonMobil Development Company President Neil Duffin spoke at the Rice E&C forum this evening in Houston, Texas, focusing on managing today’s changing regulatory environment and choosing oilfield...
View ArticleHow Oil and Gas Companies use Business Intelligence
We believe that information is the Oil and Gas industry’s next big unconventional play, and apparently we aren’t alone. Kim Nash of CIO Online states, “after oil, the best kind of gusher to discover...
View ArticleCompliance is scary. Why?
Compliance is a big word. For the next couple weeks we’ll be posting a series on compliance as a solvable information problem in Oil and Gas. Everything from safety, tax, engineering, contracts, to the...
View ArticleKey Performance Indicators: Where to Start?
Key performance indicators are metrics that let you know how your business is doing. Most people are collecting this information already somewhere within their company. But generally it is not broken...
View ArticleOil Comm Conference: Let’s Turn off the information firehose
Entrance attended the Oil Comm conference recently and one of the big topics of discussion surrounded how to manage data even as it proliferates more and more every day. During the keynote, “The...
View ArticleData Drives Improvements for Chesapeake in Eagle Ford Shale
“Over 35% of the company’s wells produced more than 1,000 boe/d in Q3″ EaglefordShale.com reported this week that Chesapeake Energy has recently seen a huge growth in production rates for 2012. “The...
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Four steps to business intelligence implementation
Implementing a business intelligence solution may seem daunting. But it doesn’t need to be! Get started with these four steps: Find out more about how BI can improve business process for the O&G...
View ArticleWhen Do I Need BI?
Business Intelligence can be a boon to businesses of all sizes, but BI solutions come at a cost. There are both tangible costs—like the cost of procurement, development and implementation of the...
View ArticleBusiness Intelligence: the art of asking the right question.
When we think about BI, typically what we’re trying to do is to focus managers’ time. The reason we want to focus their time is because we want to change the conversation they are having to the most...
View ArticleExternal metrics, status metrics and results: Choose Your Own Intelligence
Every day your company produces lots and lots of information, and yet most managers feel like they don’t have the insights they need. Advanced business intelligence, with either custom reporting and/or...
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Entrance’s First Windows 8 Application
We were pretty excited about the launch of Windows 8, and as a proof of concept we took publicly available well data and used it to create an application that shows how an energy company might be able...
View ArticleWhat’s wrong with your dashboard?
When it comes to making informed decisions these days, it really is about surfacing the right subset of information at the right time, with the right purpose. We all know that Business Intelligence and...
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Leveraging the Power of Web Portals
For many of the new clients we see coming in these days, one of their top questions is, “Can you build us a web portal?” There are a lot of good reasons why web portals are a big deal. For one thing...
View ArticleMidstream Services Data Analysis Results in $5 million Profit
Over the past six years, Entrance has worked for a large midstream services company to develop a field ticket management system. Previous to the system, the client billed their customers based on hand...
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Monetizing Information Assets with Oil and Gas Software
I took notice yesterday of a release by Gartner stating that 30% of business will be be monetizing their information assets by 2016. FierceBigData also highlighted in an article covering the statement...
View ArticleKey Performance Indicators: Not Just for Internal Metrics Anymore
We’ve talked a bit lately about key performance indicators (KPI) and how they can be used internally to measure things like customer retention, capital expenditure, loan loss, refinery capacity and...
View ArticleComponents of a Business Intelligence Solution: Part 1
There are many different technical frameworks available for implementing a business intelligence solution, all offered by a variety of vendors. In a general sense though, there are three overarching...
View ArticleImproved Timesheet Reporting with One Simple Fix
One of our most successful projects is for a client called TG Mercer. We created a pipeline logistics system for them that automates the tracking and management of their inventory for its entire...
View ArticleComponents of a Business Intelligence Solution: Part 2
I started a series last week on what a business intelligence solution should look like. Part one covered integration and the data warehouse. This week, I’d like to cover data cubes and analytics....
View ArticleCOMPONENTS OF A BUSINESS INTELLIGENCE SOLUTION: PART 3
This is week three on a series covering the different components of a business intelligence solution. Get caught up on part one, covering data integration, and part two, covering data cubes and...
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