Oil and Gas

Improve performance by pursuing the most profitable decisions.

See up to 5% of your annual revenue in additional profit.

Your Challenges

 

Perhaps more than any other industry, oil and gas is consistently dealing with complex, volatile pricing. Plus, as you strive for maximum resource efficiency, there are innumerable resource trade-offs across functional areas, including exploration, production, refining, petrochemicals, logistics, and retail.

 

Then, there are renewables. You need to know when and how to effectively move to new sustainable energy sources, while also making sure that traditional energy sources are cleaner.

 

Ultimately, your challenge is to prepare for future uncertainties that may affect upstream, midstream, downstream, or a combination of these areas.

How River Logic Benefits Oil and Gas

Optimize Plant Design

Combine an engineering-quality representation of your plant with an audit-quality representation of financials to find the design that maximizes net present value.

Add Efficiency

Pursue the most effective decisions to support operations, whether allocating maintenance crews to field assets or sending ships to marine terminals.

Improve Performance

Optimize production and product mix to find the combination that maximizes financial outcomes, even as input costs and market prices change.

Enable Strategic Planning

Evaluate investments against a realistic picture of the existing asset base to find the optimal combination that maximizes return on invested capital.

Increase Agility

Respond to unplanned disruptions and new market developments in near real time with a plan that maximizes business performance.

Create Predictability

Translate input cost and product price fluctuations into accurate operational and financial forecasts, driving higher confidence in new investments.

Spark Revenue Growth in Oil and Gas
with Digital Technology

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Better Understand Difficult Trade-Offs

 

River Logic’s optimization-based prescriptive analytics solution creates a full picture of your asset base and allows you to easily define and explore alternative scenarios. This allows you to better understand difficult trade-off decisions that can have major impacts on revenue, cost, and profit. By connecting this picture with input costs, end-product prices, and your financial implications, you uncover hidden opportunities, manage risk, and improve performance.

Answer questions such as:

How do we maximize production and throughput?

How do we optimize capacity use and product mix to maximize overall profit?

How can we ensure drilling crews are always working on the right priorities?

What are the routes and shipping assignments that maximize profit contribution?

What nominations should we make to secure capacity at lowest cost?

How Is River Logic Different?

River Logic creates a single, end-to-end model of a business or enterprise. With the power of prescriptive analytics and the ability to run unlimited what-ifs, companies are able to find undiscovered opportunity values and optimize decision-making.

Ready to Get Started?

Modernize Your Decision-Making Approach

See how our optimization-based prescriptive analytics can drive unmatched value for your business by maximizing profitable growth with better what-if scenarios prompting the best actions to take next.

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