The measure of any business intelligence solution is its ability to derive knowledge from data. For E&P companies, that requires in-depth analysis of both internal operations and external market conditions. EMK3's application suites act as a Business Intelligence (BI) platform that helps you transform data into knowledge, knowledge into action, and action into success.

BI Features

External Market Analysis

Today's E&P companies require a responsiveness that can only be achieved with timely and accurate insight into market conditions. EMK3 provides pricing data and analysis tools to help producers identify, validate, and monitor your revenue opportunities. EMK3 allows producers to monitor daily oil and gas pricing information from various sources and run comparative analysis against key indexes. EMK3 provides powerful graphing tools so you can see the trends behind the numbers. Stay informed and be proactive with EMK3's market analysis tools.

Internal Performance Analysis

E&P companies are accountable to a number of internal and external stakeholders that demand accurate performance assessments. Stakeholders can include shareholders, working interest partners, royalty interest partners, and government regulators. All of these plus new corporate governance rules place an increased burden on internal performance analysis. EMK3 provides tools to help producers track contract terms and status, calculate wellhead netback price, calculate transportation expenses, assess credit risk, run differential analysis, and forecast revenue. Plus EMK3 offers strict internal controls to help you certify your findings.

Systems Integration

Many E&P companies are challenged by the complexity for information management. Most companies have deployed a variety of disparate systems and stand-alone spreadsheets making access and exchange of information difficult. EMK3 makes data more easily accessible and valuable to key departments like marketing and gas scheduling. EMK3 integrates information from the production system and accounting system to give the marketer and scheduler timely and accurate information on production forecasts, metered volumes, allocated volumes, working interest partners, and royalty interest burdens. EMK3 gives the decision makers the information they need to make informed decisions.

Reporting

Reporting is a key component of any Business Intelligence solution. Reporting is the primary means of disseminating the right information to the right people, both within and between departments. EMK3 makes it easy to create reports that communicate key business information. EMK3 also offers flexible reporting formats, such as printed, web-based, Microsoft Excel, or raw data formats.