When we launched the Drillinginfo Curves-as-a-Service (CaaS) fully managed forward curve building solution earlier this year, we issued a press release that provided a breakdown of its features. A press release doesn’t tell the human side of the story of why we created CaaS — to relieve the immense pressure on risk analysts that are responsible for calculating and submitting forward curves every single night. That’s why we have published a new white paper, “Speed Up Daily Forward Curve Management with Drillinginfo Commodity Data Solutions.” Day After Day… We place you in the shoes of a risk analyst working at an integrated global oil company to give you a sense of how tedious and stressful such an important job has become. Every day she monitors an Excel spreadsheet comprised of 5,000+ lines of VBA to ensure there aren’t any data errors that cause the company to miss the day’s risk run. She sits at her desk until 7 p.m. or 8 p.m., and finds herself constantly checking her desktop remotely until she goes to bed. At least once a month she will stay at the office until 11:00 p.m. working with her team members in Singapore to resolve any data… continue reading
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Source: CTRM Center