Current Situation
Companies might have hundreds of leases to manage and with low oil prices several leases may be better served by allowing them to expire, and it is critical to select the leases that best meet the company’s capabilities and has the most potential for return
Goals and Objectives
Using data from multiple internal and external sources to manage lease portfolio weighted on expected production performance
Technology Deployed
Analytics, data management, workflow, cognitive, mobile, social
Use Case Summary
Manage leases and other property based on predicted production performance and return on expected investment