Best Practices for Oil & Gas

In this session, we will discuss how Operations data (what) and Experience data (why) analyzed in synergy, create faster and more efficient insight to action. We will explore possible concrete use cases from the Oil & Gas industry where the SAP Experience Management solutions can help our customers to reach the strongest business outcomes.

Invoice-to-pay is a core business process for any organization, and optimizing it can bring genuine cost savings and efficiencies. This is especially true when when implementing SAP S/4HANA as part of a company’s journey towards an intelligent enterprise.

Key Business Benefits:

Automating invoice-to-pay as part of an overall purchase-to-pay initiative
How to approach redefining a core business process like invoice-to-pay
Designing and implementing an automated accounts payable process

Hear an update on Chevron’s digital transformation road map, including ERP transformation, enterprise asset management, procurement, HR, and finance. Learn how Chevron is approaching the move to cloud (multi and single tenant), incorporating leading cloud platforms (Microsoft Azure, Workday, GEP), and aligning the business for transforming from SAP ECC to SAP S/4HANA while attempting to incorporate a new safe, agile approach to ERP projects.

Key Business Benefits:

Business simplification
Agility and innovation
Cost reduction

Learn how Devon Energy Corporation’s connected and intelligent content platform from OpenText and SAP provides projects and operations with a digital twin for its multibillion-dollar oil production assets. This enables the company to improve construction execution, plant production, and maintenance by managing millions of engineering drawings and equipment inspection, service, and repair documents.

Key Business Benefits:

Reduced rework costs and risks
Improved compliance and safety
Increased up-time production revenue

The move to SAP S/4HANA is an opportunity to evaluate the technology that underpins the core business of organizations. For most commodity-heavy organizations, their commodity trading and risk management (CTRM) system (or a collection of spreadsheets) supports one of the most substantial and dynamic parts of their organization: the supply and trading business.

Lack of integration of these systems into the core ERP has long been an issue. However, until recently, there was no viable solution for a fully integrated supply chain that both met the needs of the enterprise as well as the tailored, market-specific requirements of the trading and risk-management functions.

The SAP S/4HANA revolution provides an unparalleled opportunity to integrate data across the enterprise. As companies evaluate their moves to this platform, they should consider moving their commodity trading and risk management functions onto SAP.

At Deloitte, we bring together the industry and technical expertise required to move organizations to SAP trading and risk management. We understand how risk is measured and monitored, and we know how to integrate that into SAP using market-leading KPIs.

Key Business Benefits:

End-to-end visibility of the commodity value chain, providing transparency
“Single source of truth” for trading data, eliminating tradebook reconaissance
A centralized enterprise platform that is “future proofed” for artificial intelligence (AI) and blockchain

Managing cost and becoming more efficient are constants in exploration and production (E&P). Many E&P organizations under the banner of digital transformation are consolidating their unstructured data into Office 365. Apache has embarked on such a journey, which included understanding the usability requirements for document-centric content outside of the SAP environment and migrating millions of documents to SharePoint Online while not interfering with the inside SAP user experience. The end result is the elimination of legacy technology and achieving better leverage of investments in SAP and Office 365.

Key Business Benefits:

Improved usability of SAP content such as SAP Plant Maintenance and invoices
Cost savings associated with platform consolidation
Leveraging Office 365 as part of an overarching digital transformation initiative

Learn how KBR overcame technical and financial challenges as it reduced the total cost of ownership of its SAP solution by migrating to the cloud. In this session, the company highlights its cost-and-benefit analysis model, which drove the migration initiative. You will:

Walk through key considerations in the development of a comprehensive cost-and-benefit analysis for an SAP cloud solution.
Explore how to evaluate and select your cloud-hosting vendor.
Learn how to balance between continual maintenance projects and upgrades with SAP while moving to a cloud environment.

Key Business Benefits:

Reduced TCO by 25%
Reduced month-end processing time by 50%
Reduced payroll processing time by 25%

PETRONAS has planned for finance business solution enablement at the group finance level to overcome existing pain points by adopting best practices and solutions in SAP Central Finance. The planned finance business solution enablement will cover policy, process, people, and data, which should provide a holistic finance solution to an enterprise.

Key Business Benefits:

Increase productivity and efficiency.
Hear from a business partner within PETRONAS Group.
Achieve lower TCO.

To optimize and transform current their business model, Fernand Dufresne, Inc. of Quebec Canada, has implemented SAP to manage finance, c-store convenience and fuels retailing for more than 250 Quebec area service stations. Ferdinand Dufresne, Inc., a mid-size SAP customer, combined SAP components of Finance, Logistics, Industry Solution Retailing and Industry Solution Downstream Oil and Gas as well as Implico’s Secondary Distribution Management and Retail Fuels Network Operations to completely automate all aspects of their business from supply contract management (pricing) to franchise dealer daily settlement. This was all accomplished while maintaining their small back office staff.

Key business benefits:

Orchestrated and synchronized product distribution from terminal to consumer
Accelerated, on-time delivery performance with lower transport costs
Better decision making with integration of real-time inventory visibility and accurate forecasting
Optimized resource utilization and sales productivity
Improved customer satisfaction and retention

ExxonMobil has implemented SAP S/4HANA in its XTO Energy business, and the project went live successfully in January 2019. This was the first SAP S/4HANA project to go live at ExxonMobil and was the largest production revenue accounting (PRA) implementation for SAP with 66,000 wells in 16 U.S. states.

The session will cover business benefits targeted as well as PRA valuation performance, asset depreciation performance, business partner issues, SAP Joint Venture Accounting performance (cutbacks, payroll burden), and SAP Fiori and SAP S/4HANA Analytics Performance. The team will also discuss experience with the new functionality and innovations in SAP S/4HANA Cloud, implementation and road map of SAP Joint Venture Accounting, governance and collaboration between Exxon and SAP, and lessons learned from the implementation.

Key Business Benefits: