bilytica Oil & Gas Analytical Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA:

 

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Why Business Intelligence Is Important in Oil & Gas Industry?

There’s a lot of data in Oil & Gas Analytical Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA and people want to know the valuable insights from data. Bilytica business intelligence (BI) Services in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA & solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA  helps in contrasting procedures and recommends the best one’s answers for oil and gas investigation. These current examples and bits of knowledge in various methods of business insight (BI) can discover the streamlined most extreme throughput. It can create month to month, quarterly and yearly reports dependent on choice of any measurement as indicated by the User’s decisions. We can likewise know the future business vital objectives of Oil and Gas Analytical Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA on the premise of determining the colossal measure of information. So the Business insight Consultants, designers and Business Intelligence Analyst Oil and Gas Analytical Solutions in Riyadh Jeddah Makkah Madinah Khobar Saudi Arabia KSA would break down the creation and monetary information in oil and gas industry.

• View of production & non production time
• Growth trends of oil, gas and natural gas production with month, quarter & year comparisons.
• Spending of dollars in any of the drilling phase (planning, drilling, completions etc)

 

For example we‘ll discuss some KPI’s in oil & gas industry

KPI’s:

Some of the production KPI’s which defines the strategic goals.

Operational scorecard KPI’s

• Tangible & Intangible drilling costs
• Tangible & Intangible facility costs
• Tangible and intangible Completions costs
• Sales Volume & Revenue

Financial Scorecard KPI’s

• Drilling cost
• Facility cost
• Completion cost
• Revenue
• Operating cost & Finances
• Field cost

Production Scorecard KPI’s Report

• Production Outlook report
• Month on month production report
• Monthly actual VS Budget report
• Capital Expenditure Report
• Budget Report

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