Oil and Gas Consulting Services

EAG 1Source provides exceptional services exclusively for upstream and midstream oil and gas companies. With our combined decades of experience providing technology consulting, along with back office and IT outsourcing, our clients experience the freedom of 1Sourcing.

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We are experts in the following consulting services:

  • Advisory Services
  • Acquisition and Divestiture Strategy
  • Cloud and Infrastructure Support
  • Reporting and Data Analytics
  • Application Support

EAG 1Source takes pride in helping clients reach the next level using only the industry’s best technology and processes. We hire experienced, dedicated people to be a part of our team who are ready to hit the ground running and solve any problem your company is facing.

Advisory Services

Our team is comprised of highly regarded industry executives with years of success working for a multitude of oil and gas companies in various roles across all upstream and midstream functions. Their wealth of pooled knowledge is derived from seasons of challenges and the changes they have weathered, earning their status of being the client’s trusted confidants. We employ a detailed approach that addresses and analyzes every aspect of your IT needs. By understanding the nuances and complexities of your business to its core, we can spearhead you into the future.

Activities we help clients with include:

  • Virtual CIO and CTO Services
  • IT Staffing and Growth Strategies
  • IT Budgeting and Roadmaps
  • Digital Transformation Approach and Strategy
  • Project Due Diligence
  • Program Management Office (PMO)
  • Contract Review and Negotiations
  • Software Evaluation and Implementation Planning for:
    • Enterprise Resource Planning (ERP)
    • Accounting and Finance
    • Supply Chain Management
    • Drilling and Completions
    • Production and Operations
    • Land Administration
    • Economics and Reserves Management
    • Workflow and Automation Tools
    • Artificial Intelligence, Machine Learning, and Robotic Process Automation
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Acquisition and Divestiture Strategy

Creating and executing successful acquisition and divestiture programs for our clients lies at the heart of what we do. We look ahead, which enables us to effectively recognize and harness industry changes, deliver an “outside-in” perspective, and employ real data, trends, and forecasting. We also implement project management methodologies that follow industry best practices, making your day-to-day operations run smoothly with minimal disruptions.

Activities include:

  • Providing IT Related Feedback on Transitional Services Agreement (TSA)
  • Creating Acquisition Transition Plan
  • Defining Software Application Requirements
  • Designing Future State Application and Technical Architecture
  • Creating Acquisition IT Budget
  • Negotiating Application, Service, and Infrastructure Agreements
  • Coordinating Request and Receipt Process
  • Assessing Operational Readiness

Cloud and Infrastructure Support

Optimizing cloud and information technology infrastructure for your company’s specific needs requires diligent and detailed work, from cybersecurity to regulatory compliance and cost management. As masters of IT landscaping, we will design your IT architecture so that you understand how your business processes and technology work together. We navigate through all the complexities on your behalf, ensuring that your applications and policies function in unison like a well-oiled machine.

Our areas of expertise include:

  • Master Data Management
  • Data Integrity
  • Cybersecurity Policy and Compliance
  • Digital Transformation Strategy
  • Hardware Selection and Implementation
  • Software Selection and Implementation
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Reporting and Data Analytics

Since we live in a data-driven world, we make reporting simplified and straightforward for our clients. We dig deep to extract and interpret essential value from your data with our powerful tools and technology. Our reports tell a story through dashboards and customized views, which can also expose blips that need immediate correction.

Reports include but are not limited to:

  • AP Aging Report 
  • AR Aging Report 
  • Income Statements and Balance Sheets
  • Lease Operating Statement 
  • AFE Summary 
    • Actual to Budget Financial Analysis 
    • Financial Reports (Income Statement, Balance Sheet & Cash Flow) 
    • General Ledger Accounting
    • Consolidated Financials
    • Revenue Accounting & Regulatory reports
    • Investor Reporting Packages

Application Support

Our team is comprised of experienced business and technical analysts who know your oil and gas software inside and out. Beyond providing conventional first- and second-line support, our analysts operate with a dual-hat approach, using their analytical and technical skills to solve your multifaceted application problems. They’re on-call, eager to help you and your company.

Application support activities include:

  • Application Administration
  • Applying Software Patches
  • Troubleshooting System Issues
  • End-User Application Training
  • Technical Upgrades
  • Integration Error Handling
  • Integration Maintenance
  • Report and Dashboard Maintenance

 

As a top oil and gas consulting firm in Texas, EAG 1Source wants to become your leadership team’s most dependable ally. Our trusted combination of consulting services, back office outsourcing, and information technology outsourcing will help your company achieve long-term health and growth.

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