Energy & Production

Global exploration & production company

Challenge. A global E&P company with operations in many countries sought a way to manage gas contracts and pipeline transport for sales to domestic US and export customers. Further, as crude volumes increased, efficiency and accuracy in crude trading and transport became increasingly important. Integrated risk management was also needed for paper and physical trading. And the company sought to improve position reporting, control and governance.

Result. A fully integrated Allegro solution enables this E&P company to maintain all information within a single database, eliminating data redundancy and delivering many operational and strategic benefits. Decision makers now access consistent, accurate data in real time from locations in Australia, Asia/Pacific and the United States.

Integrated European energy company

Challenge. An expansion-minded European energy company sought to improve strategic flexibility by having the ability to efficiently add to its application software and quickly change the mix of capabilities as needed.

This company required a proven gas trading and risk management system that could rapidly scale with increased activity levels while being potentially capable of also managing electric power, oil, and possibly coal trade exposures, through progressive adaptation. It needed an integrated trading solution that allowed for consolidation of front-office deals and contract capture, middle-office control, and back-office settlement activities.

Result. The Allegro solution consisted of independently functional modules that seamlessly integrate in any combination. Allegro’s unique architecture gave this company a custom fit with the functionality it needed. Further, the solution deployed quickly and could flexibly accommodate future strategic expansion in a fast-changing marketplace.

Western U.S. oilfield operator

Challenge. This midsize operator was successfully using steam drive to extract heavy crude from a mature field. However, the company faced a complex accounting challenge: staff was spending 30 hours at a time allocating production among hundreds of wells.

Integrated oil & gas company

Challenge. An integrated oil and gas company sought to improve business data quality and make downstream operations more efficient.

Solution. The company now uses an integrated Allegro solution to manage lease and bulk refinery-supply transactions including contract management, pipeline scheduling, volume actualization, invoicing and management reporting, plus disbursements to interest owners for all lease purchases. This solution also makes it easy to maintain divisions of interest by lease, handle processing of conveyance transactions and generate regulatory reports.