Case Study: a U.S.-based E&P company increases value by $900MM with Quorum Software

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

A U.S.-based E&P company was managing a diverse portfolio of assets but faced significant challenges in optimizing its capital allocation across different regions. The company relied on massive, slow spreadsheets that provided no holistic view of the entire enterprise, making it impossible to strategically allocate scarce capital for maximum overall value against volatile oil prices. Quorum Software was engaged to address this critical planning challenge.

By implementing Quorum's Portfolio tool, the company could evaluate strategic scenarios and optimize its entire portfolio across all regions in a fraction of the time. This solution provided a stronger holistic view and enabled better capital allocation decisions, which increased the company's value by over $900 million. Quorum Software's platform also drastically reduced planning cycle times, allowing the team to optimize a major region within the context of the entire company in just fifteen minutes.