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Oil and gas companies are faced with a unique set of challenges — from exploration and production to decommissioning wells to geographic information mapping.
Over the last 30 years, paper-intensive companies in information-centric industries like insurance, banking, and financial services have made significant progress in creating a more digital workplace. In contrast, most organizations in the energy sector have only begun investing in information management processes in the last decade or so.
Many oil and gas firms lack integrated document management, even for core back-office processes like accounts payable or accounts receivable, let alone for front-office processes like environmental health and safety documentation, engineering drawing management, or asset management.
In this whitepaper, we examine six ways IIM can have a huge, positive impact on oil and gas operations — affecting all areas of the business and making them leaner and more streamlined.