Digital transformation results in millions of netback for global E&P company

Standing up an oil well and getting it successfully operational is a lengthy and complicated process. Effective management of the asset lifecycle requires efficient coordination of a lot of data across multiple business units, including a heavy emphasis on regulatory compliance

A major global oil and gas producer was struggling to manage production, maintenance, decommission, and lifecycling of its assets. The company was looking to improve process management, reduce cycle times, and streamline regulatory reporting.

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CHALLENGES

The global energy producer had many cumbersome manual processes that were slowing down efforts to streamline operations and remain competitive. The company determined it required an immediate overhaul and automation of its business processes and tighter alignment for complex regulatory and compliance requirements.

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"Appian helped turn my business unit from a cost center to a revenue center. Not only was there a 200% return on investment, but we were also able to meet very aggressive timelines and still deliver more business functions than originally identified in the projects.

The team that Bits In Glass put together for us has been exceptional. We work very closely with them, and they are always responsive, competent, knowledgable, and ready to bend over backwards to help. I can't say enough about how wonderful the experience of working with BIG and Appian has been."

- Lead, Business Optimization, Global Energy Producer

RESULTS

Enabled smarter and faster decision making

Increased savings by $100,000/day

Realized $22 million in netback new revenue

Reduced cycle
times by nearly 74%