Production Allocations are Crucial to Successful Hydrocarbon Operations

An IDC Whitepaper, Sponsored by Quorum

Oil and gas companies are looking for additional ways to squeeze revenue out of the ground. Their newest efforts focus on modernizing IT systems to improve production operations and back-office accounting. Central to this modernization is production allocations, which has led IDC Energy Insight to forecast the global demand for production software to grow as much as $730M in 2017. How important are production allocations?

In this whitepaper, IDC analysts Kevin Prouty and Chris Niven explore:

  • Current obstacles facing E&P companies 
  • The role of production allocations 
  • Why and how to improve production allocations 
  • 11 benefits of evolving beyond today’s processes and data 

An IDC Whitepaper, Sponsored by Quorum

Oil and gas companies are looking for additional ways to squeeze revenue out of the ground. Their newest efforts focus on modernizing IT systems to improve production operations and back-office accounting. Central to this modernization is production allocations, which has led IDC Energy Insight to forecast the global demand for production software to grow as much as $730M in 2017. How important are production allocations?

In this whitepaper, IDC analysts Kevin Prouty and Chris Niven explore:

  • Current obstacles facing E&P companies 
  • The role of production allocations 
  • Why and how to improve production allocations 
  • 11 benefits of evolving beyond today’s processes and data