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Visiv launches Ascent for Pharmaceuticals! Find out more here. 
energyicon2Energy

Valuable intelligence and actionable insights

energy hero-600x300
energyicon2Energy

Valuable intelligence and actionable insights

Valuable intelligence and actionable insights

The energy industry features a unique, often confounding combination of highly advanced scientific knowledge, precision engineering, and established best practices on the one hand, and pure, blue-sky speculation and high-risk, large-scale investment on the other. For example, many oil and gas exploration and production (E&P) often involves:

  • Large portfolios: Dozens or hundreds of plays, prospects, and projects
  • Global scope: Opportunities spanning multiple regions, countries, and geographies
  • Technical complexity: Factors including subsurface geology, applied geophysics, engineering, and operations
  • Financial fluctuation: Cost and profit variation based on market dynamics, national regulation, regional geopolitics, and global economics
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visiv energy image-1

 

Given inherent uncertainty and risk, any additional insight or incremental advantage can yield sizable dividends, including reduced costs, increased returns, and faster ROI.

Visiv makes this possible with a next-generation technology platform to support business-specific applications that integrate seamlessly with existing infrastructure, providing unparalleled visibility, valuable intelligence, and reliable decision support. With Visiv, you can:

  • Evaluate productivity and profit potential across an entire portfolio
  • Capture and assess insights from any area of the business
  • Address emerging opportunities with speed and confidence
PAIN POINTS

Addressing Key Industry Challenges

visiv-energy-man data tabWithin one of the most technically advanced, innovation-focused industries, labor-intensive, hands-on processes are still commonplace. Even large, successful companies routinely manage data manually using spreadsheets and shared drives, relying on ad hoc processes for knowledge sharing and individual judgment calls for decision-making. This approach creates bottlenecks and blind spots, increases risk, and can have costly consequences. 

Visiv eliminates these issues with comprehensive solutions to standardize and digitize key information and processes in your organization. Gain visibility across the enterprise, rapidly surface accurate information and valuable insights, automate complex processes, and confidently assess performance and potential with this versatile platform.

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Appra: Portfolio Management

 

Developed in conjunction with the experts at Rose & Associates, Appra enables consistent characterization of plays, prospects, and projects to make E&P activities more effective across your portfolio. Appra provides a robust, secure infrastructure to capture, standardize, and leverage critical information, streamlining portfolio management from concept through development. Tailored to your company’s unique decision-making process, Appra provides visibility into the status and progression of every opportunity, enables effective risk analysis, and surfaces key trends and insights that can translate into better decisions and more profitable investments. 

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Visiv placeholder image

Pathfinder: Driving Best Practices

 

A Fortune 500 energy company focused on exploration and production, Hess Corporation discovered problematic disconnects among its geological and geophysical (G&G), reservoir engineering, and petrophysics teams. These challenges were affecting technical estimates of potential reserves and production for assets, making forecasting and strategic investment difficult or impossible. 

Working closely with Hess leadership in key departments, Visiv developed a digital knowledge base of guidelines, processes, and examples based on both industry best practices and proprietary company methodologies. This Pathfinder solution enables asset teams to create projects, track progress, and collaborate on deliverables, while providing leadership with real-time oversight and control. As a result, Hess achieved tremendous increases in project quality and consistency, as well as substantial gains in productivity and profitability. 
 

Opportunity Register: Knowledge Sharing

 

A large oil and gas business with global operations wanted to encourage innovation, even while managing risk, improving performance, and optimizing ROI. Leveraging the Visiv platform’s powerful capabilities and supported by the Visiv development team, the company deployed a tailored solution to capture, assess, and prioritize ideas and opportunities throughout the business, across the globe.

Now available to all as Opportunity Register, the solution features a user-friendly interface that makes it easy for any employee to create opportunities, as well as detailed assessment tools and reporting to help leadership make quick, confident decisions. By allowing companies to harness the full power of the knowledge and expertise within their organization, Opportunity Register can greatly impact business strategy at all levels and generate millions of dollars in bottom-line impact.

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Ready to fuel your success with a deep competitive advantage?

Let's connect to discuss how tapping into the power of Visiv can impact your bottom line.