Smart Oil & Gas

Archives for July 2010 « Recent Articles

Photo of Rick NicholsonOffline

IT Impacts from the BP Oil Spill

By Rick Nicholson – 4 Comments

With the BP oil spill successfully capped, at least temporarily, and the completion of a relief well in sight, it's time to look forward and assess the impact this disaster will have on energy regulations and policies in the United States and, in turn, how these changes will impact IT investments by oil and gas companies. We expect to see broad federal and state regulatory and policy changes as the result of the BP oil spill that will significantly increase regulatory requirements related to health, safety,


ETRM in a Postrecession Environment

By Catherine Madden

We just completed a new piece of research focused on Energy Trading and Risk Management (ETRM) (Technology Assessment: ETRM in a Postrecession Environment, Document #EI224023). The report presents the results of the IDC's 2010 Vertical Group Survey of oil and gas companies. Overall, the survey indicated that nearly a third of oil and gas companies have not implemented an information technology (IT) solution to manage their ETRM operations. And, 2010 IT budgets remain under pressure and generally a

Viewed 700,989 times