A leading U.S. gas producer (“the Company”) has a strong asset base in the Appalachian Basin and is among the largest producers of natural gas in the country. With the impending change and evolution of an organization undergoing acquisitions, the Company engaged Opportune LLP to identify process improvement and automation opportunities in the natural gas trading and scheduling functions.

Opportune reviewed the Company’s business operations and presented a roadmap with key recommendations to enable a best-in-class organization. The Company decided to build an enhancement to its existing ETRM system and business processes by adding integration between the ETRM and intrastate pipelines for gas nominations.

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The integration utilized a web-based software that provided pre-built, customizable APIs designed to connect ETRM systems with North American Energy Standards Board (NAESB)-compliant intrastate pipeline nomination systems.

Among the high-level scope and services performed by Opportune’s professionals included:

• Business scenario identification for proof of concept, testing, and training.
• Master data review and standardization to reflect NAESB, trade, and location details.
• System architecture, development, testing, and project management for:
  • Integrating the ETRM with a cloud API application to automate nomination entry from the ETRM to the pipeline electronic bulletin boards (EBBs) for each nomination deadline.
  • Integrating the ETRM with a cloud API application to automate scheduled quantity feeds from the pipeline EBBs to the ETRM for each nomination deadline.
  • Outlined and documented business process updates.
• Custom reporting to reflect net position realized using the integration pieces.

As a result of the integration, Opportune added value to the client by delivering the following benefits:

• Team efficiencies gained from a new streamlined and timely approach to nomination entry.
• Transparency throughout the commercial business with better data available for the commercial position and profit and loss (P&L) reporting.
• Time savings with a direct feed of nomination data outbound and inbound compared to the previous state of multiple reconciliations for nomination quantities across ETRM and offline sources.
• Reduced required month-end reconciliation efforts.

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Opportune has provided ETRM services and customized solutions to a multitude of industry sectors and players. We offer our clients all the knowledge and resources that come with a seasoned staff adept in energy-industry specialization and financial acumen. For more information, CLICK HERE.