Cognos solutions for oil and gas

IBM Cognos software and services deliver value to the world's leading oil and gas organizations.

Reporting, analysis and business intelligence

IBM Cognos software offers the most comprehensive business intelligence and reporting coverage in the industry. You can use BI software to:

• Measure and manage your performance and get everyone working towards common goals.
• Identify high and low performing areas, fields and wells and standardize and automate oil field testing.
• Get a complete picture of acquisitions, dispositions and operational and financial variances.
• Communicate performance information across the company with enterprise-scale reporting.
• Share information with key partners and suppliers through a BI extranet.

Planning, forecasting and consolidation

IBM Cognos 8 Planning software improves performance in the key aspects of your organization. You can use planning and consolidation software to:

• Automate the collection of budget, forecast and actuals data, identify key drivers and apply financial assumptions to build and consolidate a master budget and forecast.
• Collaborate among finance, operations and other stakeholders, reducing budgeting and forecasting workload and improving strategic analysis and timely decision-making.
• Consolidate information from common core applications (reserves, production, accounting) to conduct proper variance analysis on volumes and revenue.
• Understand the implications of increased and decreased production volumes on cash flow, distributions, income statements and the balance sheet.
• Model distributions and dividends, develop hedging and financing strategies and manage acquisitions and dispositions.

Scorecarding

Drive corporate performance from your desktop. With IBM Cognos scorecarding software, you can:

• Monitor key performance indicators, such as lease operating expenses and well production, to quickly identify potential problems.
• Keep an eye on cash flow.
• Watch for retirement clusters to plan for succession.
• Be notified of supply chain anomalies.

IBM Cognos Performance Applications

IBM Cognos analytic applications deliver hundreds of pre-built reports, metrics and connections to standard data sources. Using Performance Applications, you can:

• Monitor key performance metrics of your extended supply chain to maximize performance with Supply Chain Analytics.
• Analyze your workforce and develop strategies to manage the big crew change with Workforce Analytics.