Touchstone


All posts for Touchstone

Oil and Gas Companies Are Spending Too Much Time and Money on Their AFE Processes

So how do we go about streamlining the AFE workflow and approval process? Most companies' AFE processes are costing them time and money because they rely on manual processes that can move only as fast as the slowest employee. To illustrate the real costs of this manual process, let's take a loo ...

Marcus Kelly - TouchstoneEnergy


Posted 12 days agoOpinion > Business ProcessexpenditureDevelopment Capital Expenditure +3

TouchstoneEnergy Launches Easy-to-Use Web-Based Solution for Joint Venture Accounting Automation

TouchstoneEnergy's Joint Venture accounting module automates joint venture cost allocations, streamlining approval and billing workflows. It makes cost recovery a quick and easy process giving both internal stakeholders and JV partners confidence that the figures presented are accurate. EnergyFlow ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > joint ventureoil and gas accountingTouchstone +5

Oil Price, Echo Energy, Touchstone Exploration, and Finally…

WTI $66.10 +36c, Brent $76.46 n/c, Diff -$10.36 -36c, NG $2.95 +6c Oil Price The usual pre-Opec cat and mouse position taking kept oil prices virtually unchanged yesterday. The Iraqi Oil Minister reaffirmed the comments I recently published, this time saying that ‘prices need support and stab ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceEcho EnergyTouchstone Exploration +4

TouchstoneEnergy Announces Local Nigerian Partner: SoftPlugs Limited

TouchstoneEnergy today announces a new and strategic partnership with SofPlugs Limited, a leading Oil & Gas technology consultancy based in Lagos, Nigeria. This partnership further strengthens TouchstoneEnergy's commitment to the African market, and also provides a platform for offering local impl ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > TouchstoneUpstream oil and gasdownstream +7

Oil price, President, Sound, Petro Matad, Touchstone, Ophir And finally...

Oil price The dust is settling on the oil complex at the moment and Brent crude is down some 50 odd cents as I write. A bit more money is coming off the table from the traders who think that enough is enough but they remain long in case of  further geopolitical trauma. Worries that Opec and Non-O ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Malcy's BlogPresident EnergySound Energy +3

TouchstoneEnergy Conference How Digital Transformation is Changing the Finance Function

TouchstoneEnergy Customer Conference – 17 th  May 2018 The Wellcome Collection Conference Centre located on Euston Road, London, NW1, with its iconic Medicine Now Gallery will provide the backdrop to our Customer Conference and this year the theme of the day is  “Digital Transformation of the Fi ...

Marcus Kelly - TouchstoneEnergy


London   England   GB 17 May 2018


Posted 3 months agoEvent > TouchstoneUnited KingdomLondon +6

TouchstoneEnergy's Drilling & Daily Cost Tracker Tool is a Major Step Forward in Well Cost and Equipment Tracking for Upstream Exploration and Production Companies

EnergyFlow Drilling and Daily Cost Tracker: Accurate and auditable real-time data for daily drilling and AFE-related activities TouchstoneEnergy's Drilling and Daily Cost Tracker application allows you to manage operational expenditure effectively on a daily basis. The system provides complete bu ...

Marcus Kelly - TouchstoneEnergy


Posted 3 months agoPress > upstreamupstream industryUpstream oil and gas +8

The Team From TouchstoneEnergy are Live Today at the Infor EAM European Summit at CERN

TouchstoneEnergy will be discussing digital transformation of asset management best practices, Cloud, mobility, and predictive maintenance. You can discover why they are the global leaders in Enterprise Asset Management for Oil and Gas here: http://bit.ly/2km2nxq

Marcus Kelly - TouchstoneEnergy


Posted 4 months agoPress > Asset Managementasset management systemasset optimization +5

Touchstone Exploration: Operational And Drilling Update

Calgary, Alberta – March 14, 2018 – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX / LSE: TXP) announces an operational and drilling update. Highlights Achieved January and February 2018 crude oil sales of 1,521 and 1,552 barrels per day (“bbls/d”), respectively. Rea ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Touchstone ExplorationTouchstoneLSE +5

Touchstone Exploration - 2017 Year-End Reserves and Notice of Results

Calgary, Alberta – March 8, 2018 – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX / LSE: TXP) announces the results of its independent year-end 2017 reserves evaluation. Reserve numbers provided herein were derived from an independent reserves report (the “Reserves Report”) prepar ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Touchstone ExplorationTouchstoneReserves +2

TouchstoneEnergy demonstrates how Infor EAM is improving maintenance planning and significantly reducing vessel downtime for oil and gas companies

Infor EAM: Best-in-class asset management software for the Oil and Gas sector Positioned highest in ability to execute of all 11 enterprise asset management vendors evaluated in Gartner's 2017 Magic Quadrant, Infor EAM offers rich built-in functionality and the flexibility to integrate with other ...

Marcus Kelly - TouchstoneEnergy


Posted 5 months agoPress > Upstream oil and gasTouchstoneAsset Management +8

TouchstoneEnergy's Chosen Asset Management Solution for Oil and Gas the Leader in Gartner's Magic Quadrant

Infor EAM named a leader in Gartner's Magic Quadrant for Enterprise Asset Management TouchstoneEnergy are proud to share that their chosen enterprise asset management solution for the energy sector, Infor EAM, has been named a leader in Gartner's Magic Quadrant for Enterprise Asset Management. ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoPress > Asset Managementasset optimizationAsset Manager +7

Oil price, Shell, Ascent Resources, Frontera Resources, Touchstone, Link, ROK’N’OIL And finally…

  Oil price With only two days to go until Opec D-Day things are remarkably quiet by historical standards, normally stances are being set and requirements demanded but right now only two things matter, how long will the accord be extended and are the Russkis on board. How long is relatively e ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > oil priceShellAscent Resources +11

Automating the Joint Venture Accounting Process to Provide Comprehensive Cost Allocation for Full and Transparent Cost Recovery

Simplicity for complex Joint Venture environments TouchstoneEnergy's Joint Venture accounting module automates joint venture cost allocations, streamlining approval and billing workflows. It makes cost recovery a quick and easy process giving both internal stakeholders and JV partners confidence ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoPress > TouchstoneUnited StatesHouston +7

Automating Daily Drilling Data For Rigorous Cost Management and In-Depth Forecasting

Obtain accurate and auditable real-time data for daily drilling and AFE-related activities TouchstoneEnergy's Drilling and Daily Cost Tracker application (part of the EnergyFlow Business Process Management solution) allows you to manage operational expenditure effectively on a daily basis. The sy ...

Marcus Kelly - TouchstoneEnergy


Posted 8 months agoPress > TouchstoneUnited KingdomLondon +7