HUB BYTES

Operations Report Manager – Cost Control

Did you know you can control your field project costs in Oilfield HUB?

In a recent report by Ernst and Young most oil and gas projects exceed initial AFE budgets by 59% and in an industry survey by Alix Partners only 19% of respondents stated their projects finished on budget.  Oilfield HUB provides our Producer and EPC clients with a low cost alternative to spreadsheets, to record and report on actual field costs against AFE budgets.  Our customers are building a comprehensive database and information repository surrounding their operating and capital costs for a wide range of projects including Drilling, Completion, Workover, Recompletion, Abandonment, Construction, CleanUp and Reclamation.

HUB Benefit

Oilfield HUB is helping Producers and EPCs to create and build a solid foundation project and cost data to aggressively uncover and adopt more cost efficiencies in their operations. The HUB helps you put a renewed focus on crucial well lifecycle project AFE costs, with a correlating benefit of reducing indirect and often overlooked G&A expenses throughout your organization!