A Houston-based, publicly traded oil and gas company with a heavy asset concentration in the Permian Basin and Eagle Ford Shale faced significant operational friction following a major merger. The consolidation of operated and non-operated assets occurred during the height of the COVID-19 pandemic, forcing a critical data conversion to be executed by a remote workforce. As employees transitioned back to the office, the Company identified a critical need to gain efficiencies and standardize workflows that had become fragmented during the remote-work period.
The Company sought a partner with deep senior-level expertise in energy land administration and upstream accounting to evaluate their post-merger state. Opportune was selected for its unique ability to bridge the gap between technical accounting requirements and land management practices. The goal was to identify systemic pain points in areas such as suspense reporting, payout processing, and inter-departmental communication that were hindering the Company's ability to scale effectively following its recent acquisition.
Opportune rapidly deployed a specialized team to conduct a comprehensive best-practices assessment across the Company’s land and accounting functions. Our professionals moved beyond surface-level reviews, performing deep-dive interviews with key stakeholders and conducting a forensic analysis of current-state process documentation, system configurations, and KPI trackers. By integrating directly into the Company's accounting and land systems, Opportune was able to map existing workflows against industry benchmarks to identify specific bottlenecks in deck maintenance and reverse/rebook processing.
To drive meaningful change, Opportune implemented an action-oriented narrative for improvement, transitioning the Company from manual workbooks to automated solutions. We structured a new communication framework that included cross-functional touchpoint meetings and executive-level transparency forums to ensure alignment across all business units. Furthermore, Opportune designed and implemented a custom data warehouse and automated dashboards, providing the Company with the high-impact technology needed to streamline prior period adjustments and historical reporting on newly acquired assets.
When you choose Opportune, you gain access to seasoned professionals who not only listen to your needs, but who will work hand in hand with you to achieve established goals. With a sense of urgency and a can-do mindset, we focus on taking the steps necessary to create a higher impact and achieve maximum results for your organization.