Tag Archives: web development

Houston Oil and Gas: Top 4 ERP Solutions to Tap the Energy Revolution

An up-and-coming oil and gas behemoth, Texas is a key component of U.S. energy security. It leads three-tenths of our crude oil-refining capacity — and a third of all oil production.

A report by the U.S. Energy Information Administration (EIA) states a new-found resilience in the shale sector. This will create a significant surge in oil and gas production over the next few years.

Shale producers from the Eagle Ford Shale and Permian Basin are using technological advances and safe hydraulic fracturing – also known as ‘fracking’ to tap vast oil and natural gas reserves that were previously locked away in tight-rock or shale formations.

Extracting these new resources will continue to inject billions of dollars into local economies and will be the biggest single reason for a spur in the energy revolution.

This trend, in turn, will create a compelling need to implement long-term IT development solutions for mid-stream and downstream companies who are looking to find more significant control over processes and efficiencies across existing functions.


ERP Solutions in the Oil and Gas Industry

oil and gas houston erp


Enterprise resource planning (ERP) is an integrated way of weaving core business processes together, often by an intermix of software and technology, in real-time.

An ERP system can play a crucial role in automating, standardizing and digitizing processes in a volatile ecosystem such as oil and gas, where a systemic and cross-functional approach can offer a bird’s eye view of operations that impacts profitability. Further, it can facilitate error-free transactions and production, thereby enhancing an organization’s efficiency.

Houston-based energy companies looking to connect people, digital process and data can cut down under-performance, costs and wasted time by leveraging integrated ERP solutions that will allow them to move into the world market quickly.

Let’s look at the potential benefits of implementing such a system –


#1 Replace Customized Legacy System with a Future-Ready Platform

An easy to use, intuitive ERP integrated platform supports a company’s contract terms and business growth targets, manage resources, plan for what’s ahead, including risks and support multiple operations.

It cross-connect assets across other vendor supported gathering and management platforms to leverage synergies for itself and its customers.


#2 Optimize Business Workflows

Oil and gas companies need people, resources, and utilities to manage critical assets in their operations. Scheduling demands and short turnaround times need stringent processes and capabilities.

Through the three pillars of standardization, automation, and new technology they can eliminate costly customization that were inhibiting margin, growth and potential future revenues.

An ERP system helps gather valuable data in real-time to ensure resources allocated are optimally used with deadlines. Also, it can avert any potential crisis that may arise.


#3 Reduce Capital Cost, Complexity and Risk

A right ERP provides full visibility of a company’s financial position especially in areas such as AFE’s (Authorization for Expenditure) and Procure to Pay with specific governance needs. Further, there are modules for Purchasing, AP, AR, Invoice Workflow, Fixed Assets and Integration with Quick Books that give control of complete CAPEX spend.

Companies can use ERP software to identify project risks well in advance and accelerate risk response with integrated risk reporting and remediation.


# 4 Business Analytics Integration

An ERP system can embed analytic tools with internal applications to monitor performance. With technology, companies can predict trends and identify new opportunities based on master data integration and other data conversion activities.

In a complex, ever-changing market such as the energy sector, an ERP system aligns to the nth degree to your proven business processes. Our consultants at Terra ATS have over 40 years of combined experience helping businesses put in place customized ERP solutions to your specific needs.

Schedule a call with us today to help us build the perfect oil and gas ERP system for your company.


Agile web development principles

7 Core Principles of Agile Development

Unproductive paths make it harder for companies to evolve with market needs and detect weaknesses in their product before it’s too late.

Businesses have been experimenting with their IT development processes for over two decades. Most managers either struggle to bring in projects on time or on budget. An unpredictable schedule or deliverable, with an added pressure from the bossed only find teams become self-pitying factories – and that can actually hurt product-development efforts.

What started for PMs as an attempt to weave together numerous fragmented tasks and data processes — has led to a widely adopted reality in software management – known as the ‘agile’ methodology.

As many tasks in product development are unique, project requirements constantly evolve. Agile development embraces this need and isn’t defined by specific development techniques. Instead, it emphasizes on close collaboration, faster delivery cycles, and improved customer experiences.

Compared to traditional engineering, agile developers work with non-linear and dynamic workflows that lead to outcomes such as, more control, tighter feedback and continuous improvement.

Let’s look at some of the core principles underlying this approach –


1. Active Customer and User Involvement Be rational with agile development

Active user involvement in the form of direct and indirect participation is a given imperative when working in an agile project.

To maximize a product’s value and team’s work, the involved representatives play a leading, supporting or participative role.

At every stage, users are actively involved leading to improved visibility and a positive impact on the overall output.

2. An Empowered Team to Manage Ownership

Agile development redefines the roles of managers, customers, and the product team.

While product ownership is established at a management level, the project team is empowered to make decisions that support the complete delivery of the product.

In an agile environment, the team establishes the project scope, prioritizes tasks involved, agrees to deliver them and estimates the time and cost resources involved together.


3. Keeps Requirement and Documentation Lightweight

project management documentation

Gathering and producing effective requirement is fundamental in any product lifecycle. An unstable foundation can create confusion and increase the lifespan of a project.

In agile, changes are usual part of the project. That means, product owners don’t get caught up in the rigmarole of spec’ing out every detail but depend on a shared understanding of the customer.

User stories a simple and a narrative document is used to represent customer requirements. There are no tedious procedures as documentation is kept lightweight and easy. All this drives conversation forward, and not backward.


4. Quick, Small Incremental Releases

Analyze, Develop, Test; Analyze, Develop, Test.

This iterative approach focuses on doing each step for each feature, one feature at a time instead of developing all known elements of the specs first, and then testing.

This approach drives visibility on what has been accomplished to date, rather than having to wait for features to be ready. There is more flexibility to adapt to next steps after gathering feedback, plus increased value an be realized.


5. Frequent Delivery of Products

In our digitized world if 100 days is a lifetime, what is termed ‘frequent’?

Scrum, which is a popular method that manages agile tasks, says to break the marathon of software development into 30-day sprints or less.

The project team utilizes brief iterations to deliver new product features that has immediate, short-term demand as soon as possible.  This means customers can validate working features quicker, and adjustments can be made where necessary.


 6. Early Testing

Testing is an integrated approach practiced throughout the lifecycle of the project.

Each block of output is continuously tested to fix defects and possible overheads without a separate test phase as such.

On a large-scale project, such as oil and gas, government projects etc. full regression and developer testing is achieved at each iteration stage.


7. Close Cooperation and Collaboration among All Stakeholders

Any changes that occur in the market inevitably leads to changes in customer needs.

At the outset, agile development principles embrace this reality and pivot the priority towards customer satisfaction through early and continuous delivery of software.

Close collaboration between all team members and stakeholders is particularly important to be ‘on the same page’ while detailing specifications and carrying out and while tackling all granular tasks.

With the ability to respond to a rapidly changing competitive landscape, we at Terra ATS are guided by these core agile principles to bring in clarity of purpose, an accountable project management team, and an ability to deliver measurable outcomes for our clients.

To speak more on how we can help contact us here.