INTRODUCTION The oil and gas industry is prevalent in the gulf coast economies and Houston, Texas specifically, with subsets of this industry comprising major sectors of workforce and financial foundations in the area. The Rowan Company is a major player within the industry both locally and worldwide. The Rowan Company is a provider of offshore contract drilling services. In 2008, to combat confusion in intra-organizational communications and thwart overall inefficiencies in business processes caused by paper documentation and functional silo effect within departments and global offices, Rowan rolled out SAP as its new enterprise solution. Rowan had multiple breakdowns within its business processes and SAP was chosen to rectify each problem, simplify the business process, and adjust to future complications and additions to the process. PROBLEM Before 2008, Rowan had no processes or means of collecting, storing, managing, or integrating master data which cost the organization time, money, and resources, thereby decreasing profit margins (1). The corporate hierarchy of Rowan was such that each department and region existed independently of one another. A significant symptom of the inability of Rowan to create enterprise-wide data processes was that each department, functional area, or region created differing databases producing many information silos across the organization. The extreme silo effect amongst the differing departments, functioning areas, and regions
When oil was first discovered it was “Discovered of the spindle top oilfield near Beaumont in January 10, 1901 marked the opening of the prosperous phase of the business in Texas.” But not long after discovering in Texas it would soon be discovered in Oklahoma in 1905. Shortly after 1910 more oil was being founded and more was coming out of Texas. By the end of the Progressive Era in 1920’s “Texas was producing 85,000,000 barrels per year with even more dramatic increase
Halliburton is one of the largest Drilling companies in the world. This company has over 50,000 employees and operates in more then 70 Countries including North America, Central & South America, Africa, Europe, Middle East, Asia, and Oceania. Halliburton consists of two company divisions-(1) Drilling and Evaluation and (2) Completion and Protection This paper will go over the various aspects of Management planning within Halliburton.
In Texas, there is an economic powerhouse that not only runs deep beneath fields of cotton, but also reaches miles beyond the green pastures of cattle. Its multitude of uses in daily life also far outweighs the benefits of technology. This resource, greater than any other in Texas, is oil. In 1866 the first commercial oil well was dug near Nacogdoches, Texas but unfortunately the well came up dry. Thirty years later in 1894 oil was discovered in Corsicana, Texas by accident while a water well was being dug. This was the first economically significant discovery of oil in Texas. On January 10, 1901, Texas was catapulted into the era of oil and gas with the discovery at Spindletop. The Spindletop well, located south of Beaumont produced roughly
Does anything out weigh the importance of our planet’s health? You would be surprised by the number of people who look the other way when it comes to keeping the planet clean. Offshore drilling is just one of the major environmental issues that has existed for many years and still continues to be a problem. The topic of offshore drilling not only touches on environmental issues but also political, economic, and ethical issues. All of these tie into the huge debate over offshore drilling and its impacts on the environment. But when the human race depends on oil, how can we ignore the fact of drilling for oil off the coast of our land. Investing in greenhouse energy is just one of several ways to help keep the
Since the beginning of the oilfield in the United States, Texas has been one of the leading states in this industry. In 1866, Lyne T. Barret drilled the first producing oil well at Melrose in Nacogdoches County [7]. From here, more wells were brought in, but the big Texas oil revolution began at a well-called Lucas No. 1. It was here, In Spindle top, Beaumont, where Capt. Anthony F. Lucas drilled the well that would produce 94 percent of the state’s production at the time and produce more than 17 million barrels of oil [7]. Now, 114 years later, Texas has given up another oil field play that will revolutionize the industry. This play is named Eagle Ford Shale. Figure 1 shows where the shale outcrops
The companies Foster Wheeler (FWLT), CB&I (CBI) and Fluor Corp. (FLR) are considered heavy-weights in the industrial sector and most of the time bidding against each other in local and global energy and oil and gas projects. The headquarters of these companies, together with the other heavyweights are “neighbors” here in Houston Energy Corridor (and beyond) and it is no secret within the community who is getting what projects as well as who has reach a strategic partnership or alliance with oil majors and downstream refining businesses. Coming out from last year’s big dip in oil price, it will be interesting to compare these three companies against with one another and also how they fare against S&P500.
As a result, LMIC administered a special survey to collect information specific to oil and gas activity focused on employment tied to well-pad operations, and supplemented it with data from established sources. The figures published in this report provide a detailed view of North Dakota's oil and gas sector at the State, county, and city levels. This report only examines employment designated as necessary for the extraction of oil and gas, and does not include ancillary employment (e.g. related to food, housing, health care, government,
‘We Create Energy For A Better World.’ This is the slogan that belongs to Canada’s largest oil company, Suncor. This Canadian publicly traded Company specializes in extracting crude oil from Alberta’s Oil Sands, then refining and selling it. 1919 was their first ever year of business. While their current CEO of Suncor is Steve Williams. The company has many, many locations across Canada as they are Canadas very best. But Suncor’s headquarters are located in Alberta, Canada. Their stock prices have been fluctuating since over the past 5 years but a major downturn was in 2014. This was about the same time of when the oil prices started sliding down majorly. Suncor is doing their best to stay up there above all the other companies.
It seems today that everything comes with a promise or a benefit. Often as humans we have to make the choice whether we want to be more self-reliance or have a safer environment. That brings us to the subject of offshore drilling in regards to the Deepwater Horizon Oil Spill. Offshore drilling is the process of drilling for oil offshore in places such oceans or sea beds through an oil rig. Sound like something non-complex. Many would assume that offshore drilling could not have very much effect in regards to onshore. The most politically correct way for a person to decide where they stand on this issues is to research both sides of it. If a person only looks at one side of the spectrum when it
Although enterprise resource planning (ERP) projects are considered to be a risky investment for any organization, Keda had quite a number of reasons on why it decided to embark on ERP. The introduction of the Keda's silo-based model, as a way of encouraging a decentralized decision-making process, was actually affecting the performance of the Keda business. This was mainly due to the duplication of the identical processing tasks from different business units.
Enterprises of all sizes, from small businesses to global enterprises, are realizing that knowledge is the most powerful and potent differentiator they have. Translating the massive amount of legacy database, information systems and personal productivity applications' data into a formidable competitive advantage is why companies of all sizes can benefit from making their databases and information systems more efficient. The higher the level of collaboration and information sharing the greater the aggregate levels of productivity and performance (McAfee, 2006). The ability to quickly parse through transactions, analyze and interpret them, turning them into knowledge, is critical for any business to grow and prosper in the 21rst century. The intent of this proposal is to provide Party Plates with the necessary information systems guidance to attain higher levels of efficiency and performance through collaboration and communication. Making full use of all data, from personal productivity-based data files to the more comprehensive database files, and unifying them into a comprehensive data structure, is critical for attaining a high level of collaboration and performance throughout an organization (Davidson, 2006). .
Beyond Petroleum (BP) is one of the world’s largest energy industries, ‘operating in all activities which are connected with the oil and gas industry’. This includes ‘exploring, producing, refining, distributing and marketing of these products to a global market’. BP operates in over 80 countries with over 83,000 employees, producing 3.2 million barrels of oil daily and an economic value of $403.3 billion (6).
SCM and CRM systems as part of one overall Enterprise Resource Planning (ERP) system will take BLDR to a technology sophistication level that would more effectively service their national footprint. However today, rather than one ERP system, BLDR utilizes multiple operational systems due to multiple historical mergers and acquisitions. Because of BLDR’s multiple systems, information concerning purchasing, sales, inventory levels, and the like must be brought together for companywide reporting and analysis. A data warehouse is used for this purpose. Haas and Cumming (2013) explain that “a data warehouse is a logical collection of information gathered from many different operational databases used to create business intelligence that
For a typical organization today, sources of data may – and most likely do – come in many different formats. As an example, Han, et al. (2012) states, the types of data sources that generate huge amounts of data is endless and include and are not limited to: databases, other data warehouses, data marts, the Web,
The readings this week discuss the challenges of competing in the information age and the management information system tools managers can use to help them support the business strategies. With so much data available, there is an opportunity and advantage for companies to utilize information systems to capture and make sense of this information. There are a variety of information system modules that are available, including Customer Relationship management (CRM), Supply Chain management (SCM), Human Resource management (HRMS). While they all have their own emphasis, the advantages of each of these modules include the ability to store data, create reports that enable management to make sense out of the data, and share this information, in real time, throughout the organization. With good input data, information systems can provide a company with a competitive advantage in the marketplace.