PROGRAMS
Procure To Pay
Converting paper contracts into digital Smart Contracts and creating a repository of smart contract digital frameworks for the Energy Industry
BENEFITS
Visibility | Transparency | Trust | Reliability
Environmental, Social & Governance (ESG)
Building capabilities to store and manage ESG data, leveraging blockchain's unique capabilities. Our process measures, curates and certifies ESG credentials.
BENEFITS
Decision Making | Shared Value | Fairness | Verification
Understanding ESG
Why is it important?
Commodity Transport
Integrating production data, field sensors, and ERP systems to systematically validate invoicing transactions across all commodities, geographies, and transportation.
BENEFITS:
Lower overhead costs | Greater visibility for all parties | Fewer disputes and less auditing
Seismic Entitlement
Automated tracking of digital rights to seismic data, throughout its lifecycle.
BENEFITS
Accessible digital library of seismic data and ownership
Accelerates access to the "family tree" of data while administering rights management
Automatically updates for Mergers & Acquisitions activity
Integrated Joint Venture Management
Transforming joint venture-related processes, to include balloting of Authorizations for Expenditure (AFE) and Joint Interest Billing (JIB).
BENEFITS
Information and outcomes are available to all parties in real-time
Disputes are reduced leading to quicker settlement of receivables
Reduced operational costs such as copying, mailing, labor time, etc.
Data loss is eliminated