CSC today announced the launch of its new business intelligence solutions specifically designed for the Oil & Gas sector allowing them to integrate technical, operational and financial information.

“Upstream oil and gas companies can significantly impact their growth and profitability when they have the ability to make fast, smart business decisions,” said Bob Welch, president of CSC’s Chemical, Energy and Natural Resources Group. “Encompassing everyone from drilling engineers to financial analysts, our approach enables oil field workers to optimize asset performance by delivering the right information to the right people at the right time.”  

The new solution makes use of Oracle business intelligence applications and Information Store’s iStore data access and visualization technology. Firms in the Oil & Gas sector can now understand financial impact of field decisions, optimize well production and maximize effectiveness of operational decisions.

The solution also allows analytical functions for exploration and production, refining and pipeline marketing, energy trading, financials, supply chain and workforce management. The offering addresses four key areas: business processes, information management, operations and technology infrastructure, says CSC.

 "As the industry continues to develop the Digital Oil Field, this offering uniquely positions CSC, iStore and Oracle to help E&P companies reduce operating costs, increase production and operate in a safer and more effective manner," said Oracle's Hossam Farid, senior director of Oil & Gas Solutions.