DOING BUSINESS BETTER. TOGETHER

HOW SOURCE-TO-PAY HELPS MANAGE ASSET LIFECYCLE AND MAKE BETTER SOURCING DECISIONS

14 Oct 2022 8:40 AM | Abbie Lunn (Administrator)

So, let’s recap. Back in August, we discussed Phase 1 of the asset lifecycle, “Evaluate & Acquire,” where you benchmark future inventory and forecast existing well performance using insights.

Next up was Phase 2, “Design & Develop,” which allows you to run simulations and understand the asset’s impact from different variables on productivity, using historical and proprietary data.

Now armed with data and forecasts to justify asset development, we’re ready for Phase 3, where we source materials and services and kick off your project. A phase that supports the execution of a company’s operations.

Read more on Enverus here.

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