Digital Mission

Agile Energy

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Digital Upstream Exploration

Predictive Lease Management

Current Situation

Companies might have hundreds of leases to manage and with low oil prices several leases may be better served by allowing them to expire, and it is critical to select the leases that best meet the company’s capabilities and has the most potential for return

Goals and Objectives

Using data from multiple internal and external sources to manage lease portfolio weighted on expected production performance

Technology Deployed

Analytics, data management, workflow, cognitive, mobile, social

Use Case Summary

Manage leases and other property based on predicted production performance and return on expected investment

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