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Oil and gas companies face numerous challenges in upstream operations:
Missed production and revenue targets impacting enterprise value
Increased complexity in upstream production management
Greater regulatory scrutiny of production reporting
A fragmented technology landscape preventing effective integration of process and data
Energy companies can now address these challenges and maximize their asset’s ROI with Upstream Production Operations by Accenture and SAP, a recently announced collaboration between Accenture and SAP to co-innovate a SAP-based end-to-end solution. The solution will deliver a single and integrated picture of production volume and revenue data that will help improve operating production management.
The program encompasses:
Upstream Operations Management (UOM)
Accenture Upstream Direct
Accenture’s upgrade services for enhanced SAP Production and Revenue Accounting
Business Process Outsourcing (BPO) in Hydrocarbon Accounting
Accenture Upstream Production Operations Training for SAP
Watch the Upstream Production Operations (UPO) video:
Download Video Transcript [PDF, 175KB]PDF Help
Accenture and SAP have a successful history of collaboration across many industries spanning many decades. This new collaboration into upstream production operations extends the existing relationship between the two companies and expands their jointly developed portfolio of hydrocarbon accounting solutions.
Accenture is also SAP’s exclusive provider of Upstream Production Operations training.
Leading enterprise software, including SAP HANA® platform and SAP’s Upstream Operations Management
Development and innovation experts to build upon proven solutions and apply technology innovation
Upstream Production Operations by Accenture and SAP offers:
Upstream Operations Management (UOM)SAP UOM is an existing software solution that supports key hydrocarbon accounting processes in upstream oil and gas operations. Accenture and SAP are now working together to extend UOM with additional capabilities on a single platform that will enable operators to deploy solutions that forecast and track production volumes from the wellhead to the sales meter.
Business Process Outsourcing (BPO) in Hydrocarbon AccountingBPO services address the growth in administrative tasks resulting from both conventional and unconventional production. Back-office professionals are continuously trained to efficiently and accurately complete transactions to add business value, and are located in:
Upstream operators can scale up or down on BPO staffing as back-office volume dictates.
Upstream Production Operations Training by Accenture
Accenture is developing a unique offering to address the hydrocarbon accounting learning needs of our clients, SAP and Accenture employees. We offer online, classroom and customizable upstream production operations training for SAP in:
Learn more about Upstream Production Operations by Accenture or sign up for one of our upcoming sessions!
Explore our insights on trends and challenges facing upstream production oil and gas companies featured in our Energy Transition Forum:
Can technology help upstream energy companies hedge against low oil prices?By: Valerie Jalufka, Greg Lawrence
Falling oil prices: Is production management the need of the hour?By: Dean Forrester
Delivering on production forecasts—the most important piece of shareholder value?By: Dean Forrester
The unconventionals boom: How can oil and gas companies of the future advance traditional methods to quickly scale up on talent?By: Susy Tamminga
North American independents and unconventionals: Is the back office the bottleneck? By: Valerie Jalufka
Can clean field data drive better decisions in oil and gas companies? By Dean Forrester
Production allocation: Critical to the upstream energy industry but still mostly a manual process not well understood By Dean Forrester
Deferment Management: Are accurate forecasts the key to production optimization and efficiency?By Dean Forrester
Upstream profitability: Is relative well performance the key? By Arthur Hanna
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