| | JULY 20198CIOReviewIN MYOPINIONDoing more with less, the E&P industry sees value in digital transformation. Questions linger about how to approach it and where to start. The sheer magnitude of possibilities can be overwhelming. One skeptic at a high profile energy conference wondered if digital wasn't "the greatest farce since Y2K." At a digital event in Houston recently, Future of Oil & Gas USA Digital Transformation Summit, participants from a variety of oil and gas, oilfield and digital services companies shared some common themes and first-hand experiences on how to advance digital solutions. Start small, but get started. Southwestern Energy (SWN) identified a time-consuming, manual process as a likely target for a first digital project, also a common challenge for most O&G companies: invoice processing. Invoice reviews are a recurring pain point. Analysts and engineers must spend hours, sometimes days, checking if costs are accurate, valid, and correctly coded. Matching field tickets to invoices and reviewing them for accuracy requires careful attention.What if digital technology could free up valuable technical experts for more productive tasks? A digital solution could improve the accuracy of well cost calculations, allowing SWN to invest even more in its operations, which could further accelerate business growth. The project was a "Go."Meet Marvin...Teaming with accounting, planning and drilling and completion (D&C) engineers, the data science group prototyped a new A digital solution could improve the accuracy of well cost calculations, allowing SWN to invest even more in its operations, which could further accelerate business growthQuentin DysonBy Quentin Dyson, Senior Vice President of Operations, and Seema Menon, Vice President & CIO, Southwestern EnergyDECODING THE DIGITAL ENERGY TRANSFORMATION
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