Industry Solutions

Oil & Gas

For over 10 years, EcoSys has worked closely with the Oil & Gas Industry to continually improve the state of the art in project controls for owners and contractors around the world. The result is EcoSys EPC (Enterprise Planning & Controls), a comprehensive enterprise software solution for managing all energy project costs including oil & gas, chemicals and more.

EcoSys EPC allows you to compare bids, estimates, forecasts, commitments and actual performance side by side. It also provides visibility and cost reporting automation. Measure progress and earned value while managing changes in this easy to use and flexible solution. EcoSys EPC is the most configurable planning and controls software available, allowing extensive tailoring of terminology, business processes, data views, and reports with minimal IT support and without requiring any programming.

While providing cost controllers all of the tools needed for rigorous day-to-day cost controls, the system's enterprise level visibility, rollups and custom dashboards also provide executives, stakeholders, partners, customers and senior managers guidance in making the right business decisions.

Budgeting and Planning

EPC provides robust features for annual and multi-year budget planning, budget requests, and approvals. Budgets can be managed top-down, from organization lines of business down to projects and phases. Define your own rules around approving, changing and locking down budgets. Learn More

Forecasting & Scenario Analysis

Cost controllers know that forecasting is much more involved than just managing the "forecast." EPC keeps track of different scenarios and allows you to manage changes to the official forecasts through your specific change management process. Learn more

Performance Measurement

Many firms have different systems and departments to monitor budget vs. actuals and program schedules. EPC integrates these multiple sources of information to provide a unified budget performance and schedule performance view from the organizational level down to individual work packages.

EPC also supports advanced earned value and progress measurement. Earned value measurement can match your existing processes and maturity, from simple approaches to full ANSI standard compliance.

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Addressing Industry Specific Challenges

Through our years of collaboration with leaders in the Energy Industry, EcoSys' highly configurable system has emerged with the capabilities to directly address the inherent challenges you face, from managing the unique cost controls needs of offshore and subsea projects to advanced multi-currency management for projects of enormous scale and complexity. Download Oil & Gas Industry Focus

Shutdowns, Turnarounds, and Outages

The scale and direct business impact of shutdowns, turnarounds and outages can put millions of dollars at risk each day. Effective management requires assessing daunting volumes of data in very short time windows. Too often, existing planning and controls systems are inadequate for the task at hand, leading to inefficient use of resources and costly overruns.

EPC delivers best practices for owners and contractors to evaluate project performance and minimize costs. Specific STO capabilities include time-sensitive integrations of cost, schedule and timesheet data; daily earned value reporting; visibility into contractor performance; tailored business rules; and standardization of processes and structures. Download EcoSys EPC Slide Presentation for STO

Related Links

Industry Focus - Oil & Gas Brochure
White Paper - Complying with the 32 ANSI 748 Criteria using EcoSys
News - Technip Deploys EcoSys EPC Software as Global Cost Controls Standard
News - EcoSys Discusses Cost Controls Success Factors with Houston Energy Community