Industries / Oil and Gas
Oil and Gas
Connect your assets with market prices and financials to improve performance.
Unlimited What-Ifs. Optimized Trade-offs. Higher Profits.
The only constant in Oil & Gas is the fluctuation in input and output prices, yet most asset investments span years, if not tens of years. Executives are expected to maximize shareholder returns by allocating capital and using their resources effectively and efficiently. Plus, they must contend with safety and environmental impact risk.
River Logic’s planning and prescriptive analytics solution enables Oil & Gas executives to represent a full picture of their asset base, including the constraints imposed by business policies, capacity, regulations, etc. By connecting this picture with input costs, end product prices and their financial implications, River Logic users can optimize their decisions at the operational, tactical and strategic levels. Whether your objectives are to minimize cost, improve profit or maximize ROIC, River Logic will help you uncover hidden opportunities and better manage risk.
Our planning and prescriptive analytics solution allows Oil & Gas companies to represent their business realities quickly while easily defining and exploring alternative scenarios. Our customers see up to 5% of revenue in additional profit and significant improvements in decision-making agility and performance predictability.
Combine an engineering quality representation of the plant with an audit quality representation of financials to find the design that maximizes net present value while appropriately reflecting risk implications of key design choices
Develop the most efficient plans to support operations, whether allocating maintenance crews to field assets or sending ships to marine terminals
As input costs and market prices change, simultaneously optimize production and product mix to find the combination that maximizes financial outcomes
Evaluate investments against a realistic picture of the existing asset base to find the optimal combination that maximizes return on invested capital (ROIC) while appropriately managing risk
Respond to unplanned disruptions and new market developments in near real time, and always with the plan that maximizes business performance
Quickly translate input cost and product price fluctuations into highly accurate operational and financial forecasts, driving higher confidence in the management team and on new investments
"We as a company make decisions dramatically different than we did five years ago because of River Logic. We exited an entire business because we realized it was unprofitable."