Upstream: Process & Technology: Endur ETRM System Implementation

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Upstream: Process & Technology: Endur ETRM System Implementation

An independent energy corporation (“the Company”) engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). The Company focuses on the development of unconventional natural gas and oil assets in the Appalachia Basin. The Company engaged Opportune’s Process & Technology group to implement the Endur ETRM system for their physical and financial natural gas trading activity. The scope of services performed included:

  • Provided project management and ETRM subject matter expertise.
  • Led and directed all testing efforts for functional, UAT, and parallel testing.
  • Integrated the ETRM system with ICE (Intercontinental Exchange) deals and pricing feeds, eliminating the need to manually enter this information.
  • Facilitated updates of master reference data pertaining to trades, contracts, scheduling, and accounting data.
  • Developed quick reference guides and provided user training to business users.
  • Acted as liaison between the business and software vendor and managed the redesign of the netback calculation.
  • Developed a custom margin report and flash P&L report for executives and real-time view of positions.

Opportune’s professionals added value by implementing an ETRM solution for the client within a rapid timeframe. Financial trading activity was implemented within three months and physical trading within six months of project engagement. As a result of the successful implementation, the client gained visibility into the risk and profitability of the business operations. Additionally, Opportune assisted the client in the creation of a new mid-office group to manage risk for physical and financial trades.

Opportune has provided ETRM services 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.

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Sarah Kovach Volz

Sarah Kovach Volz


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