HOW WE HELP OPERATORS

Our understanding of the issues you face enables us to create the solutions you need. We equip you with the operational excellence that can reduce your costs for drilling and operations, cut your per barrel production cost, and plug your profit leakages.

DRIVING DOWN COSTS

We help to safeguard you from compliance penalties, maximise cost recovery from joint venture partners, eliminate the expense of inefficient value chain transitions and free you from the CAPEX of deploying fit-for-purpose business applications and reporting solutions.

INCREASING VISIBILITY AND CONTROLS

We deliver better visibility and measurement of key performance metrics, align business processes to give you more controls and enable you to drill down to identify the root cause of problems in day-to-day operations.

RAISING EFFICIENCY

Addressing poor collaboration between business functions, resource-heavy information extraction for management reporting, lack of integration between systems and applications, legacy system drawbacks and applications that do not support M&A strategies, we embed efficiency across everything.

THE ELEMENTS OF OUR OPERATOR SUPPORT

BUSINESS APPLICATIONS FRAMEWORK

Powered by Microsoft Dynamics, our Operator-specific software ensures operational excellence across applications ranging from Joint Venture Accounting to Plant Maintenance.

MANAGEMENT REPORTING AND ANALYTICS FRAMEWORK

Powered by Microsoft BI, our Operator-specific software encompasses everything from Financial, Operational and KPI Reporting to CO2 Emissions and Analytics.

INFORMATION AND DATA MANAGEMENT FRAMEWORK

Powered by Microsoft SharePoint, our operator-specific software delivers information and data visibility, document, records and knowledge management, and business process support.

TOPLINE BENEFITS FOR OPERATORS

Enabling you to move seamlessly across the value chain from acquisition to divestment, Lumos 365 improves spend control, ensures compliance, maximises cost recovery, enables reporting on all business-critical data, strengthens collaboration and embeds operational excellence across your business processes.

ENHANCE VALUE CHAIN GAINS

Lumos 365 provides you with a single, modular and scalable platform. You gain operational excellence across the value chain by moving seamlessly from acquisition through exploration, appraisement, development, operation and trading to divestment. For example, the system can easily be extended from finance, to supply chain and asset management, as you move from exploration to development, to production. This modular approach allows for penalty free up and downscaling in accordance with your operations with minimal to no disruption.

IMPROVE SPEND CONTROL

Spend control is a critical component of profitability and is often very difficult to manage due to the disparate nature of the supporting data. Volatile Oil and Gas pricing makes effective spend control imperative. By deploying Lumos 365, Operators can benefit from many features, such as delegation of authority, budget checking and contract spend monitoring. Lumos 365 has in-built best of breed workflows to support these activities from a process and productivity perspective. The Lumos 365 platform encourages end user adoption by facilitating spend control information for action and reporting. This is securely available in tools already used on a daily basis, such as Microsoft Excel.

ENABLE REPORTING

Reporting in the Upstream Oil and Gas sector is traditionally manual and labour intensive and consumes significant executive and management time. This is often exacerbated by geographic differences between remote operational sites and HQ. The Lumos 365 platform, securely hosted in the Microsoft cloud, removes geographic challenges and includes many prebuilt and customisable reporting templates to address the needs of the business. CAPEX, OPEX, Production, AFE, Inventory and HSE are all included in our standard reporting templates. Lumos 365 delivers real-time capture, analysis and reporting of all business-critical data.

STRENGTHEN COLLABORATION

Remote operations create unique challenges for the Oil and Gas sector. The Lumos 365 platform is hosted on the highly secure and scalable Microsoft cloud, meaning all data is available to any connected device anywhere in the world. Built on Microsoft Business Central and natively integrated with Microsoft SharePoint and Office 365 our platform benefits from the Microsoft ecosystem. Contracts can be stored in the Lumos Information and Data Management module but transacted in our Supply Chain module. Invoices can be approved through Microsoft Outlook. With Lumos 365, you can improve communication and collaboration across different business functions and different locations.

ENSURE COMPLIANCE

The license to explore imposes significant contractual obligations on both the Joint Venture partners. These relate to Local Content and local tax regulations. A breach of these obligations can result in significant penalties for the Joint Venture company. The Lumos 365 Management Reporting and Analytics module will facilitate clear reporting on operational matters affecting compliance ensuring that cash investments contribute to production not penalties. The Lumos 365 platform will help ensure compliance with regulatory policies, such as Local Content and taxation through correct tax code allocations as part of our standard best practice templates.

TOPLINE BENEFITS FOR OPERATORS

Enabling you to move seamlessly across the value chain from acquisition to divestment, Lumos 365 improves spend control, ensures compliance, maximises cost recovery, enables reporting on all business-critical data, strengthens collaboration and embeds operational excellence across your business processes.

ENHANCE VALUE CHAIN GAINS

Lumos 365 provides you with a single, modular and scalable platform. You gain operational excellence across the value chain by moving seamlessly from acquisition through exploration, appraisement, development, operation and trading to divestment. For example, the system can easily be extended from finance, to supply chain and asset management, as you move from exploration to development, to production. This modular approach allows for penalty free up and downscaling in accordance with your operations with minimal to no disruption.

IMPROVE SPEND CONTROL

Spend control is a critical component of profitability and is often very difficult to manage due to the disparate nature of the supporting data. Volatile Oil and Gas pricing makes effective spend control imperative. By deploying Lumos 365, Operators can benefit from many features, such as delegation of authority, budget checking and contract spend monitoring. Lumos 365 has in-built best of breed workflows to support these activities from a process and productivity perspective. The Lumos 365 platform encourages end user adoption by facilitating spend control information for action and reporting. This is securely available in tools already used on a daily basis, such as Microsoft Excel.

ENABLE REPORTING

Reporting in the Upstream Oil and Gas sector is traditionally manual and labour intensive and consumes significant executive and management time. This is often exacerbated by geographic differences between remote operational sites and HQ. The Lumos 365 platform, securely hosted in the Microsoft cloud, removes geographic challenges and includes many prebuilt and customisable reporting templates to address the needs of the business. CAPEX, OPEX, Production, AFE, Inventory and HSE are all included in our standard reporting templates. Lumos 365 delivers real-time capture, analysis and reporting of all business-critical data.

STRENGTHEN COLLABORATION

Remote operations create unique challenges for the Oil and Gas sector. The Lumos 365 platform is hosted on the highly secure and scalable Microsoft cloud, meaning all data is available to any connected device anywhere in the world. Built on Microsoft Business Central and natively integrated with Microsoft SharePoint and Office 365 our platform benefits from the Microsoft ecosystem. Contracts can be stored in the Lumos Information and Data Management module but transacted in our Supply Chain module. Invoices can be approved through Microsoft Outlook. With Lumos 365, you can improve communication and collaboration across different business functions and different locations.

ENSURE COMPLIANCE

The license to explore imposes significant contractual obligations on both the Joint Venture partners. These relate to Local Content and local tax regulations. A breach of these obligations can result in significant penalties for the Joint Venture company. The Lumos 365 Management Reporting and Analytics module will facilitate clear reporting on operational matters affecting compliance ensuring that cash investments contribute to production not penalties. The Lumos 365 platform will help ensure compliance with regulatory policies, such as Local Content and taxation through correct tax code allocations as part of our standard best practice templates.

HOW OUR CLOUD PLATFORM WORKS

From acquisition to abandonment, the Lumos 365 platform addresses and overcomes the challenges you face at every stage of the value chain. Cutting costs. Maximising efficiency. Extending agility. Our platform powers your business processes, adding more value to your operations.

ACQUIRE

Retrieving critical information from disparate systems with poor connectivity. Structuring financial master data. Extracting reports from acquired assets for analysis. Migrating financial and operational data. Utilising modules designed specifically to meet these challenges, our platform cuts cost, time and risk. MORE

EXPLORE

With a license granted, the need to structure, capture and manage a whole new raft of activities becomes imperative. Our modules create a sound financial supply chain system, laying the foundation for operational excellence moving forward to development and operation. MORE

APPRAISE

Getting a clear picture when spend visibility is poor. Retrieving, collating and exchanging information with third party service companies. Extracting and analysing management reports. It’s time and labour intensive. Our modules enable fast and easy spend tracking and data collaboration. MORE

DEVELOP

Managing significant CAPEX expenditure, JV partners, cost recovery, HSE, budgets and reporting creates the need to extend supply chain functionality to support and optimise the field development plan and sourcing. Our modules do just that, making management straightforward. MORE

OPERATE

This is where the foundations built earlier in the value chain with our platform really drive operational excellence. You gain control, cost recovery and compliance with process optimisation, while improving asset up time and reliability. MORE

TRADE

Poor control, recording and tracking of CAPEX, OPEX and G&A spend. Delayed delivery, poor sourcing, resources wastage and profit leakages. Compromised asset reliability and integrity. Lack of insights to support decision making. Our modules overcome every challenge. MORE

ABANDON

Cost-effective and efficient collation and aggregation of all asset data (contracts, compliance, financial, supply chain and plant) is critical. Our modules bring all this data together to maximise abandonment efficiency, save executive time and support due diligence. MORE

LET'S TALK

To fast forward your business processes across the upstream oil and gas value chain, just get in touch.

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