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EAG Services | EAG 1Source: Driving Digital Transformation for Oil & Gas Organizations

Digital technologies are transforming almost every industry’s operational landscape, and the oil and gas industry is not far behind. More than ever before, the industry is embracing new technology and solutions, which in turn has improved productivity, increased efficiency, provided a safer work environment and cut costs. In addition, processes have become automated with machine learning and artificial intelligence, and leaders are able to make better decisions with easier access to big data analytics. To continue the upward trajectory of improvement, Chief Officers and other industry leaders are motivated to embed these new ways of doing business into their overall strategy, vision, culture, and behavior.

EAG 1Source is a market-leading outsourcing and consulting firm focused exclusively on midstream and upstream oil and gas clients. In addition to IT and Business Process Outsourcing, EAG 1Source offers Advisory Services targeted specifically to C-Suite executives, delivering innovative perspective on establishing digital strategies, selecting best-in-class applications, designing infrastructure architecture, and establishing overarching program management. EAG1Source’s VP and CIO of Advisory Services, Dave Supp notes, “Our services address every aspect of IT for upstream and midstream companies, including ERP implementation, field automation, industrial control, workflow, data analytics, and IT infrastructure.”

EAG has more than 17 years of experience in serving the energy industry, building targeted solutions and setting unique strategies based on the specific client goals. With over 60 highly skilled professionals, EAG takes pride in implementing the most effective technology, eliminating manual processes, and ensuring client data is of utmost integrity. EAG also helps clients navigate new modern cognitive tools, such as machine learning, natural language processing to extract valuable insights from lease agreements and contracts, and more. Dave suggests, “We have established a digital framework and methodology that helps our clients assess where they are ahead or behind their peers, create strategies to close the gaps, and make sound investments in mature and emerging digital technologies.”

EAG 1Source Program Management services help clients align IT investments to business priorities and execute their digital strategies. Dave Supp emphasizes the importance of Program Management by stating that, “The services include everything from building the business case, establishing proper governance and oversight, project management, and change management to ensure that the technology process changes are embraced and deliver expected value.”

EAG 1Source offers Application Management services provided by experienced ERP Business Analysts with deep knowledge of oil and gas. These dedicated resources work alongside our clients and have first-hand exposure to the critical business issues they are facing. In addition to application support, they provide value added services including continual process improvements, assistance with acquisitions, and data analytics. They also serve as the client’s representative to software vendors, helping clients maximize the value of their technology investment.

Our services address every aspect of IT for upstream and midstream companies, including ERP implementation, field automation, industrial control, workflow, data analytics, and IT Infrastructure

EAG has established best practice methodologies to support clients through mergers and acquisitions. The approaches are extremely structured, and include rationalizing duplicate organization structures, contract negotiations, and building out applications and infrastructure from scratch. EAG is familiar with all the key activities required and can help clients avoid common pitfalls to ensure success of the merger or acquisition transition.

Recently, EAG 1Source built a cloud-based analytics service to help upstream companies improve reporting and provide data-driven insights that were previously unattainable. Currently, this service is available for P2 Energy Solutions - Bolo, Quorum Software, W Energy Software, and Enertia Software applications, and the company plans to extend the service to include other back-office applications. This service will bring greater visibility to KPIs and help executives run their business efficiently. The robust data analytics service can be extended beyond the back office to help clients make informed decisions for drilling, completions, and production operations.

Dave Supp concludes that EAG 1Source’s framework and methodology for helping clients identify opportunities for digital transformation allows them to be more competitive in comparison to their peers. Innovative digital strategies, disciplined execution, and a focus on continual improvement have positively changed the way the oil and gas industry does business.