exploration


All posts for exploration

TouchstoneEnergy is the only IT and Business Consultancy dedicated to the Oil Industry

TouchstoneEnergy has carried out more than 200 successful projects in 40 countries across 5 continents. TouchstoneEnergy are leading providers of world-class business systems dedicated to the upstream oil and gas. We have software applications for every role in the enterprise, from Accounting a ...

Marcus Kelly - TouchstoneEnergy


Posted 1 day agoPress > upstreamUpstream oil and gasUpstream Production Solutions +8

Seven Energy International opts for a Cloud based solution from TouchstoneEnergy to improve business process management

Manual Business Processes Were Slowing Business Expansion for Seven Energy International The challenge: Automation of manual business processes to facilitate increased productivity and delivery of real-time and relevant information to users. The solution also needed to give better visibility to a ...

Marcus Kelly - TouchstoneEnergy


Posted 4 days agoPress > TouchstoneBusiness ProcessNigeria +8

Linking finance and operations with a single view for Upstream Oil and Gas Companies

TouchstoneEnergy has carried out more than 200 successful upstream oil and gas projects in 40 countries across 5 continents TouchstoneEnergy's dedicated consultancy professionals have more than 400 man year's experience in the upstream oil and gas sector. They are able to bring industry knowledge ...

Marcus Kelly - TouchstoneEnergy


Posted 10 days agoPress > Touchstoneoil priceexploration +8

Westwood Global Energy Group Predicts Brighter Outlook for Global Oil & Gas Exploration

Westwood Global Energy Group (WGEG)'s annual State of Exploration report analyses the last five years of conventional oil & gas exploration and forecasts exploration drilling plans for 2017 The analysis confirms that 2016 saw a nine-year low in oil & gas exploration in both wells drilled and di ...

Victoria Roe


Posted 17 days agoPress > exploration2017 Oil industry Predictionswestwood global energy group

TouchstoneEnergy on location in West Africa analysing and documenting requirements for a Spend Control System

This is how Oil and Gas Companies are extracting savings from their Purchase Authorisation and Accounts Payable processes Following on from our recent feature: Spotlight on Reducing Spend in the Energy Industry , TouchstoneEnergy staff were exchanging anecdotes about other favourite experiences ...

Marcus Kelly - TouchstoneEnergy


Posted 17 days agoPress > TouchstoneNigeriaoil price +9

Aiteo, Sahara, Seplat the front-runners in Nigeria’s oil renaissance

It's been a very long time since we have been able to report a different good news story every week in the Nigerian oil sector. But the positive trends, results and projections just keep on coming. It's almost enough to blow away the PIB blues . . . ! This week's good news comes from the Nigerian ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 23 days agoOpinion > Oil and GasNigeriaupstream +7

Heritage Oil improves compliance and supplier relationships with a Spend Management solution from TouchstoneEnergy

Heritage Oil prioritised key payments, improved supplier relationships and accelerated responses to urgent opportunities without compromising on compliance. Strict compliance in the Oil and Gas Industry means that Heritage Oil must have good control of where its money is spent and with whom. Audi ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > Heritage OilTouchstoneUpstream oil and gas +8

Exploration for Tight Gas Systems

This 5 day course is designed to train the explorationist to efficiently identify and map pervasive, large opportunities in Tight Gas Systems. They occur in both clastics and carbonates, and examples of each will be provided. In as much as these resource plays will be a main focus of future gas expl ...

Salina Matt


    AU 15 May 2017


Posted 1 month agoTraining > explorationTight Gas Systemsgas +4

Nigeria’s local firms flex their muscles overseas

Nigeria's local content capacity is regularly overlooked. Our home-grown companies are cast in the shadow of the multinational oil majors like Royal Dutch Shell Plc, Exxon Mobil Corp., Chevron Corp., Total SA and Eni SpA, which currently produce about 90 percent of our crude. But change is afoot and ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 month agoOpinion > South SudanlocalcontentNigeria +6

The Oil & Gas industry is truly leading by example when it comes to Cloud Computing

"Cloud Technology is helping to integrate vital business components so that the right answers are delivered to the right people, at the right time and in the right way” says Peter Davis, Business Unit Head, TouchstoneEnergy The ‘lower for longer' oil price has forced upstream Oil & Gas compani ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > TouchstoneSOCO InternationalOil Price predictions +7

Seven Energy International streamlines their process controls with the help of TouchstoneEnergy

Manual Business Processes Slowing Business Expansion Less than half of all international Oil & Gas companies are using automated business processes. Why..? Because most Finance and IT leaders are unable to deliver automation due to a lack of investment in enterprise systems and a reluctance to ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > TouchstoneexplorationProduction +7

How improving their AFE (approval for expenditure request) process is saving an Egyptian Upstream Operator up to US$1.5 million annually

Egyptian Upstream Operator goes live with EnergyFlow AFE Automation and General Office processes fully integrated with INFOR SunSystems The Operator aims to improve compliance and reduce overspend by as much as 100%; which could result in an annual saving of up to US$1.5 million . TouchstoneEne ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > EgyptTouchstoneexploration +8

How TouchstoneEnergy is changing the face of Oil and Gas Accounting

A volatile oil price, capital intensive projects and constant change in regulation means that oil and gas companies are constantly fighting margin pressures. Inefficient financial processes are also common to many companies, and this has become a significant area where organisations can both cut ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > Hurricane EnergyTouchstoneAccounting +9

New Oil Contract Points to South Sudan Comeback

As the South Sudan government tries to raise production, a new player signs on with the promise of a $500-million investment. South Sudan's 2017 campaign to boost oil exploration and production is off to a running start. Nigerian upstream independent Oranto Petroleum announced today that it had sig ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoPress > South SudanOranto PetroleumAtlas Oranto +4

TouchstoneEnergy launches Drilling Reports & Daily Cost Tracking tool for Exploration & Production Companies

Exploration and Production Companies can now track and analyse their drilling and operational expenditure by monitoring daily costs using EnergyFlow EnergyFlow Drilling & Daily Cost Tracker Analysis & Reporting allows Cost Accountants to record and analyse operational expenditure and drilling act ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > TouchstoneexplorationProduction +7