The Challenge

In August 2020, a leading independent natural gas producer announced plans to merge with another independent exploration and production company, consolidating their substantial asset bases in Appalachia. This merger positioned the client to become one of the largest natural gas producers in the region.

The integration presented significant challenges, including managing complex system landscapes across both organizations, executing a seamless application cutover, and performing extensive data conversion, all within a tight timeline. The pressure to complete the system and data transition by the close of the merger added an additional layer of complexity.

The Solution

The client engaged Opportune LLP to provide comprehensive integration support services, leveraging our familiarity with both clients’ organizations and systems, as well as our prior work with the natural gas producer. Opportune managed the application cutover planning, evaluating and selecting surviving applications while executing the necessary conversion efforts. Recognizing the risk of a rushed conversion, Opportune employed its Outsourcing group to offer interim services, ensuring continuity of operations until the full system conversion could be completed.

Beginning in October 2020, Opportune’s team initiated the conversion of the producer’s accounting and land system to the Opportune Outsourcing BOLO platform. Our team quickly adapted to the producer’s processes, ensuring BOLO became the system of record as of the acquisition close date in November 2020. A staggered go-live schedule was implemented, with AP functions live by December 1, 2020, and revenue functions by January 2, 2021. Additionally, Opportune provided back-office services for another organization’s assets, which the producer sold to an independent oil and gas explorer, under a 90-day Transition Services Agreement (TSA).