Report Tools for Online and Offline Distribution

InetSoft's Style Report enables sophisticated and flexible ad hoc and production reporting for online and offline consumption. A professional authoring tool combines word-processing grade design with dynamic data manipulation.

Key benefits include:

  • Deliver professional, high fidelity presentation
  • Transform and manipulate raw data
  • Embed business logic with scripting
  • Enhance manageability and agility

You can deliver on-demand reports on the Web. In-report exploration capabilities empower business users with the ability to reshape information in real time.

#1 Ranking: Read how InetSoft was rated #1 for user adoption in G2's user survey-based index Read More

About InetSoft

Since 1996 InetSoft has been delivering easy, agile, and robust business intelligence software that makes it possible for organizations and solution providers of all sizes to deploy or embed full-featured business intelligence solutions. Application highlights include visually-compelling and interactive dashboards that ensure greater end-user adoption plus pixel-perfect report generation, scheduling, and bursting.

InetSoft's patent pending Data Block™ technology enables productive reuse of queries and a unique capability for end-user defined data mashup. This capability combined with efficient information access enabled by InetSoft's visual analysis technologies allows maximum self-service that benefits the average business user, the IT administrator, and the developer. InetSoft solutions have been deployed at over 5,000 organizations worldwide, including 25% of Fortune 500 companies, spanning all types of industries.

why select InetSoft
“We evaluated many reporting vendors and were most impressed at the speed with which the proof of concept could be developed. We found InetSoft to be the best option to meet our business requirements and integrate with our own technology.”
- John White, Senior Director, Information Technology at Livingston International

How Does an Analyst for an Oil and Gas Extraction Company Use a Report Tool?

An analyst working for an oil and gas extraction company plays a crucial role in understanding and making sense of the vast amounts of data generated throughout the exploration, drilling, production, and distribution processes. To effectively perform their duties, analysts rely on various report tools that aid in collecting, analyzing, and presenting data-driven insights. These tools enable them to make informed decisions, optimize operations, and strategize for future endeavors.

1. Data Cleaning and Preparation: Raw data in the oil and gas sector can be messy and inconsistent. Analysts use report tools to clean and transform data, removing duplicates, errors, and outliers. These tools also help in structuring data for analysis by aggregating, filtering, and organizing it based on relevant parameters.

2. Performance Monitoring: Report tools facilitate real-time or near-real-time monitoring of critical operations. Analysts can create dashboards that display key performance indicators (KPIs) such as production rates, drilling efficiency, extraction equipment health, and safety metrics. This enables them to identify deviations from expected values and take corrective actions promptly.

3. Predictive Analytics: Report tools equipped with predictive analytics capabilities allow analysts to build models that forecast outcomes based on historical data and relevant variables. For example, they can predict maintenance requirements for equipment, estimate oil and natural gas reserves, and project future pricing trends.

4. Resource Optimization: Optimizing the use of resources is critical in the oil and gas industry. Analysts utilize report tools to analyze data related to energy consumption, water usage, and other resources. By identifying areas of inefficiency, they can recommend strategies to reduce waste and improve sustainability.

5. Regulatory Compliance: Oil and gas operations are subject to numerous regulations. Analysts use report tools to track and monitor compliance with environmental, safety, and operational regulations. They can generate reports that demonstrate adherence to standards, aiding in audits and regulatory reporting.

6. Cost Analysis: Cost management is a significant aspect of any business, particularly in the capital-intensive oil and gas sector. Analysts use report tools to analyze expenditures, identify cost drivers, and compare actual costs against budgeted amounts. This information helps in managing expenses effectively.

7. Decision Support: Analysts generate comprehensive reports that provide insights to support decision-making at various levels within the organization. These reports could include scenario analysis for new drilling sites, feasibility studies for projects, and investment recommendations based on risk assessment.

8. Communication and Collaboration: Analysts use report tools to create visually appealing reports and presentations to communicate findings with stakeholders, including senior management, investors, and regulatory authorities. These tools enable the creation of compelling visuals, charts, graphs, and narratives that convey complex information concisely.

top ranked BI
Read how InetSoft was rated as a top BI vendor in G2 Crowd's user survey-based index.

What Metrics Do They Report On in the Energy Sector?

An analyst working for an oil and gas extraction company uses a wide range of metrics to assess and evaluate various aspects of the company's operations, performance, and financial health. These metrics provide insights into the efficiency, profitability, safety, and sustainability of the company's activities. Here are some key metrics that an analyst in this industry might commonly use:

1. Production Metrics:

  • Production Volume: The amount of oil and gas produced over a specific period. This metric is crucial for assessing the company's output and tracking changes in production trends.
  • Production Efficiency: A measure of how effectively the company converts its resources (drilling, manpower, equipment) into oil and gas production.
  • Production Cost per Barrel: The cost incurred to produce a single barrel of oil or its equivalent in natural gas. It helps assess cost effectiveness.

2. Reserve Metrics:

  • Reserve Replacement Ratio: Compares the amount of oil and gas reserves added in a year to the amount produced. A ratio greater than 1 indicates growth in reserves.
  • Reserve Life Index (RLI): The estimated number of years that the company's current reserves can sustain production at the current rate.

3. Financial Metrics:

  • Revenue: The total income generated from oil and gas sales.
  • Operating Income: Calculated by subtracting operating expenses from revenue, it indicates the company's profitability from its core operations.
  • Net Income: The company's profit after accounting for all expenses and taxes.
  • Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): A measure of operating performance before accounting for non-operational factors.

4. Efficiency Metrics:

  • Drilling Efficiency: Measures the time and cost required to drill a well. A higher drilling efficiency signifies better resource utilization.
  • Operational Downtime: The amount of time that equipment or facilities are non-operational due to maintenance, repairs, or other reasons.

5. Safety Metrics:

  • Lost Time Incident Rate (LTIR): The number of lost time incidents (injuries that result in lost workdays) per 200,000 hours worked. A lower LTIR indicates better safety performance.
  • Total Recordable Incident Rate (TRIR): The number of recordable incidents per 200,000 hours worked.

6. Environmental Metrics:

  • Carbon Intensity: Measures the amount of greenhouse gas emissions produced per unit of energy extracted. It reflects the company's environmental impact.
  • Water Usage: The amount of water consumed in extraction and production activities.

7. Exploration and Development Metrics:

  • Exploration Success Rate: The percentage of exploration wells drilled that result in commercially viable discoveries.
  • Development Cycle Time: The time it takes to develop a new oil or gas field from discovery to production.

8. Economic Metrics:

  • Return on Investment (ROI): Measures the profitability of an investment relative to its cost.
  • Net Present Value (NPV): Estimates the value of future cash flows from an investment in today's terms, considering the time value of money.

9. Market Metrics:

  • Crude Oil Price: The price per barrel of crude oil on the global market. It directly impacts the company's revenue and profitability.
  • Natural Gas Price: The price per unit of natural gas. It influences the company's financial performance.

10. Sustainability Metrics:

  • Environmental Compliance: The degree to which the company adheres to environmental regulations and standards.
  • Renewable Energy Integration: Measures the company's efforts to incorporate renewable energy sources into its operations.
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View live interactive examples in InetSoft's dashboard and visualization gallery.

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