A midstream company (“the Client”) was a partnership that transports, stores, and distributes refined petroleum products and crude oil. The client owns pipeline assets with access to almost half the U.S. refining capacity and storage assets capable of storing over 100 million barrels of crude and finished petroleum products.

The client engaged Opportune LLP to provide their expertise and support during their implementation of RightAngle energy trading and risk management (ETRM) software. Opportune’s role in the project was to:

• Provide direction on the implementation and configuration of the RightAngle system.
• Provide expertise to the accounting and risk groups to facilitate their reconciliation efforts during testing and go-live.
• Support the RightAngle interface development efforts being managed by the client’s IT.
• Deliver any technical development or enhancement functionality necessary, including interfaces to the client’s accounting systems.
• Provide support for RightAngle functionality questions.

The client benefited from the experience of the Opportune team and was able to gain several key advantages upon the system go-live. Completing the configuration, interfaces, and parallel testing of risk and inventory valuation allowed the client to meet its deadlines with a successful production startup. The Opportune team continued to support the client’s daily activities following go-live with some functional improvements. By streamlining some processes and improving reporting, the Opportune team enhanced the usability and functionality of the RightAngle system.

Technology touches every element of the energy industry. Opportune has deep and broad experience across the energy supply chain —from asset development and production to processing, transportation and markets. Our experience with ETRM systems and processes is second to none. Our clients rely on Opportune to help them optimize their workflows and integrate data across their trading and risk landscape to reap the most benefit from their system investments. To learn how Opportune can help your ETRM system improve your bottom line, CLICK HERE.