About the Customer
For more than 80 years, Southwestern Energy Company has thrived because of a deep commitment to providing the energy that powers our world. Their success continues to be dependent upon the dedication of their employees to the company and to the communities in which operate. Currently, the fourth largest producer of natural gas in the US Lower 48, Southwestern Energy Company is a growing independent energy company primarily engaged in natural gas and crude oil exploration, development and production. Also focused on creating and capturing additional value through their natural gas gathering and marketing businesses, which is referred to as Midstream Services.
Scope and Challenges
When everybody thought that Southwestern Energy are going bankrupt, the management team broth together and realized that people working in the company are the most valuable resource of the company which they need to preserve that resource.
Southwestern Energy, an independent energy company, involved in the exploration, development and production of natural gas and crude oil in North America, replaced its aging customized and siloed systems with an integrated Oracle platform. Now have Oracle HCM cloud as their core HR for their enterprise.
Outcome and Implications
It transformed its business processes to operate as a world-class, entrepreneurial exploration and production organization and gained the ability to effectively integrate future acquisitions and expansion of existing operations.
With Oracle's integrated global platform for enterprise resource management, upstream, human resources, business intelligence and financial planning, SWN has created a single source of truth for master data elements, including well sites, leases/contracts, suppliers, customers and employees. It also has streamlined compliance with internal and external audit and regulatory requirements and has significantly reduced its information technology (IT) budget thanks to a simplified and unified business intelligence infrastructure built on Oracle.
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