Case Study: U.S.-based Oil Company increases plan value by $900MM with Aucerna Portfolio

How One Company Increased Value by $900MM and Reduced Planning Cycle Times

Aucerna worked with a U.S.-based Oil Company that needed a better way to perform long-range planning analysis for executives while balancing U.S. resource plays and international exploration in a volatile oil price environment. The company was struggling with massive regional spreadsheets, slow manual planning, and no integrated view across the business to determine the best capital allocation.

Using Aucerna Portfolio, Aucerna helped the company treat the business as an integrated portfolio and optimize capital across regions and the company as a whole. The solution reduced scenario evaluation time to under 4 hours, enabled one major region to be optimized in 15 minutes, and increased the value of the plan by $900 million, while also improving return on investment and significantly reducing planners’ workload.