Case Study: Murphy Oil Corporation cuts AFE approval time from weeks to one day with Pandell AFENexus

Murphy Oil Corporation - Customer Case Study

Murphy Oil Corporation was challenged by a slow and manual AFE approval process for its capital projects, which involved paper files and spreadsheets that took weeks to navigate through 11 layers of approval. To gain better control over its expenditures, the company sought an electronic solution and selected Pandell's AFENexus software.

Pandell implemented its web-based AFENexus solution, configuring it to Murphy's specific business workflow. This deployment significantly accelerated the approval process, reducing the time for an AFE to be approved from 20-30 days down to just one day. In the first year of use, Murphy's US division created and approved over 1,400 AFEs using the system.

Murphy Oil Corporation

Henfy Alison

Financial Controller