As companies grow in size and the amount of proprietary information they house, it’s vital that they protect themselves and their data physically as well as on the web. While in-house cybersecurity professionals are an option, it’s rare that a smaller company would be able to invest in and maintain a security system for their…
Why the Oil & Gas Industry Needs to Embrace the Cloud
Oil and gas companies thrive on the skills of acquiring and distributing their product efficiently and effectively. They find the oil and gas, they get it out of the ground, they transport it to the processor, and they learn the most efficient ways to do that. But they’re oil and gas companies, not IT companies….
Roadmap to a Digital Strategy for the Small- and Medium-Sized Business in the Oil & Gas Industry
Digitizing data in the oil and gas industry can be seen as unimportant or unnecessary — you’ve never done it before. The old methods are working just fine. You have a system in place that seems to work and you don’t see a need to change. But, what if a company could get a better…
Data Automation Can Reduce Errors, Improve Efficiency
Do you know how your business is doing relative to its competitors? Is California or Texas better for you to do business in? Are one of your vendors providing you better products than the others? These are age-old questions which usually have non-objective answers. It is the foreman who has worked for years in the…
Oil and Gas Production Allocation: Filing 1099s Accurately
As we head into the fourth quarter, it’s time to start thinking ahead to end-of-the-year tax responsibilities. Corporations in the United States that utilize contractors and vendors need to start filing a Form-1099 for each business collaborator. Before filing, it’s a good idea to review your data and make sure all filings are accurate. Depending…
4 Best Practices for Oil Production Allocation
As valuable team members, production accountants handle vast amounts of data derived from oil wells and gas lines. Company leaders then use this collected data to determine an entire operation’s overall production. However, since this data comes from a wide variety of sources and industry experts use different allocation techniques for different cases analysis can…
Data Analytics: What Does the Oil and Gas Industry Stand to Gain?
Big data and data analytics are changing the game for nearly every industry, and oil and gas is no different. Although some are resistant to change, some experts argue the only thing holding them back is they resist cultural change — in other words, an attitude of “if it isn’t broken, don’t fix it.” What this means,…
Value Global Managing Principals Talk Company History and Passion
Value Global is known for enterprise services and custom, client-centric IT solutions. Founded on a consulting background, experts continue to offer innovative approaches to client services. Those at Value Global balance clients large and small on a variety of projects. Their solutions encompass managed and support services to keep users operating efficiently and business leaders…
P2 ASCEND Conference
Discover the ways to streamline efficiency in production and reduce costs! P2 ASCEND will be hosted in San Antonio from Nov. 13-15, 2017. Learn how those in the oil and gas industry are achieving a competitive edge and becoming more successful using the P2 Oil & Gas Platform. With more than 500 oil and gas…
Oil and Gas Industry Leaders Leverage New Tech
Terms like “the cloud,” “big data,” “analytics,” and “the Internet of Things (IoT)” are making news, and insiders mention we’re in a new digital revolution. Why? Simply put, advanced technology developments are giving company leaders new levels of visibility, access, and efficiencies with their businesses and customers — and many are taking full advantage. Big…
