Q2 2023

2023

Trenegy has created a comprehensive toolkit to help organizations operate cohesively and in alignment with their mission, vision, and strategy. The tools outlined in this guide form the foundation of a business operating system, where every activity contributes to strategic value and cash flow and each person or function works toward the organization’s betterment.

To sustain this framework, establishing governance is crucial. It is recommended to set a regular cadence for refreshing materials and making updates as circumstances evolve. The frequency of updates will vary across industries and depend on the magnitude of changes made each year.

We trust this guidebook will be valuable to your company’s adoption of a business operating system, and we hope you find it informative and useful.

2022

The oil and gas service industry supports 80% of US energy needs. Unfortunately, oil and gas service companies are often under scrutiny. Social developments such as climate change studies and renewable energy activism are steering large portions of the investment community away. While capital dwindles, OGS companies rely on pure grit and intestinal fortitude to survive the push to minimize oil and gas production.

OGS companies continue to innovate to improve drilling and production techniques, increase access to fossil fuels, produce at lower costs, and significantly reduce negative environmental impacts. In this analysis, we recognize seven companies who are doing just that and are positioned for a successful 2022.

Also included are market projections for offshore and onshore operations and political developments that could affect the industry in 2022 and beyond.

September 2021

E&P companies have unique complexities. Tracking work processes is no simple task, particularly for E&P companies that operate thousands of wells in various basins.

Technology solution providers have developed business systems to automate and integrate the operational and business processes for E&P companies. A few technology companies have attempted to build end-to-end solutions, but contrary to what a technology salesperson might tell you, none have built a true end-to-end solution that meets the complex requirements of most E&P companies. Therefore, E&P companies are resorting to purchasing add-on solutions.

E&P companies are left to navigate through a maze of products. The purpose of this handbook is to clear the muddy waters and provide an independent perspective of the current state of E&P business systems. Our perspective is based on our direct experience selecting and implementing E&P business solutions and feedback we have received from other E&P companies.

July 2020

2020 is turning out to be the year of working from home. Companies without experience managing remote workforces may have no choice but to adopt the work-from-home (WFH) model and are challenged to keep employees productive. The tools chosen over a period of days in February or March of this year might not be the right tools to support employees in the long run. Therefore, we would like to share our assessment of the major options.

New tools for remote workforces are released all the time, so our team evaluates offerings and adjusts our portfolio of tools on a regular basis. There are many more tools than our assessment includes, but we have tried to highlight the ones most commonly used. We will also share what we have chosen to use and why.