The Upstream Benchmark is where it all began for Aupec. Originally created for North Sea operators, it provided the foundation that evolved into our current Full Spend Benchmark for Integrated Global Oil & Gas Companies
What is it?
The Upstream Full Spend Benchmark captures your total IT Spend, broken down to multiple levels and across several dimensions that reflect your own organisation and the way it works, but configured to allow meaningful comparison to peers. Key lines of business are tailored to meet your own organisational needs, but may include Exploration, Development and Production in addition to shared corporate functions such as HR and Finance.
Who is it for?
The Upstream Full Spend Benchmark is typically adopted by mid to large sized oil and gas companies focused on Upstream or Integrated companies only looking at Upstream, seeking a better understanding of the facts about their IT efficiency, effectiveness and complexity relative to peers.
As an organisation you are in the complex and costly business of discovering, obtaining and producing oil and gas, often with a large geographical spread of operations.
As an individual you are probably within the IT function and involved in strategic planning, management or performance improvement, motivated to ensure that IT maximises the value added in partnership with the business.
Why participate?
Make informed choices based on better understanding of the facts
A complete Upstream level view of your IT spending
Understand your efficiency, effectiveness, complexity and performance
Compare your position relative to similar companies
Detailed low-level analysis and configurable aggregations
Tailored to suit your organisation, but comparable to others
Get ideas and innovation from best-in-class performers
Understand changing behaviours and technology adoption trends across peers
Workshop style discussions and presentations to highlight potential follow up actions
Monitor, validate and correct assumptions and adjust over time
Ongoing strategic partnership and support from Aupec throughout the process
Continuous improvement of the IT function – Plan, Do, Check, Act (and repeat)
