The upstream oil and gas industry faces constant change from the discovery of new fields, increasingly from unconventional methods. Volumes of data from new sources including field data capture, along with evolving state and federal regulations, continue to increase data complexity. Better data visibility is needed for understanding the profitability of global portfolios on a well-by-well basis. Companies seeking to modernize their hydrocarbon accounting systems to meet these demands can look to CGI’s X2R HCA.
Every operation in the upstream life cycle is different, and business practices vary by company, facility and region. A high-performance hydrocarbon accounting function must handle the growing complexity and volume of data in an evolving regulatory landscape.
CGI’s innovative X2R HCA application uses advanced technology to give operators the visibility they need for profitability, forecasting, simulation and production optimization. It also:
In the current challenging environment where exploiting cost efficiencies are paramount, X2R HCA has the tools you need to drive increased value. Powerful exception-based dashboards provide the ability to validate data in real time and quickly understand developing trends affecting production uptime. Ease of integration with existing systems, including other X2R business suite modules, delivers visibility to asset profitability and alignment of production to plan - key factors that directly influence company valuation.
The web-based, self-service reporting tool includes standard alert and scheduling capabilities as well as dynamic functionality that enables creation of company-specific operations management dashboards, viewable on your laptop, tablet or phone. This cutting-edge data visualization capability eliminates back-office spend and provides valuable insight into demand.
HCA business benefits
Download the X2R HCA fact sheet.