Regardless of size and strategy, every E&P operator today faces the challenge of connecting up-to-date technical insights with business activities. Today, for example, even executive teams are frequently working from outdated or inaccurate portfolio information, so syncing strategic plans and operational results is exceptionally difficult. This means missed opportunities to create economic value: missing production growth expectations by less than ten percent, for instance, can impact shareholder returns by several percentage points.
To unlock the benefits of an integrated E&P value chain, Halliburton Landmark is teaming up with experts and leveraging digital capabilities to drive transformation. Bridging field, front office, and back office offers the promise of improvement to both the business and operations -- and corresponding reductions in cost, time and risk for greater economic benefit.
(Source: Factset, Bernstein analysis, 2017)
The depth of E&P science from Halliburton Landmark combined with the front-to-back-office expertise of Accenture is leading to some new and needed industry solutions.
Over the past year, availability and demand of digital technologies has introduced solutions that are providing immediate value and helping our industry not only survive, but thrive in an environment of continued cost pressures and uncertainty.
Regardless of size and strategy, every E&P operator today faces the challenge of connecting up-to-date technical insights with business activities. Halliburton Landmark and Accenture aim to make that happen.