Case Study: R. Lacy achieves clearer, faster reserves and acquisition analysis with TIBCO Software (Spotfire)

R. Lacy Turns a Down Market into Opportunity

R. Lacy Services, an independent oil and gas exploration and production company based in Longview, TX, faced a sharp decline in commodity prices that strained cash flow and project economics. Seeking growth through acquisitions in a down market, the company needed 24/7 access to consolidated, granular data to improve reserves analysis, avoid inefficient operations, and identify high‑quality acquisition targets.

R. Lacy implemented TIBCO Spotfire, with TIBCO Professional Services helping integrate decline curve analysis, mapping, and financial/production systems into a single analytics platform. The result was faster, more efficient analytics and self‑service dashboards, better identification of top acquisition prospects, and improved cash flow by pinpointing and remediating poor‑performing wells—boosting overall profitability.

R. Lacy

Brent Haas

Vice President of Engineering