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Newfield Exploration Company

Newfield Exploration Company Drills Deep into Their Domestic Business Units with OpenText ECM

Newfield Exploration Company logo

OpenText Content Server Integration with Oracle® Financials and P2 Enterprise Upstream enable centralized access to all well information

OpenText spoke our language. We had many discussions, live demos, pilot programs, and weighted analysis between several vendors, but at the end of the day, we felt like OpenText understood the energy market better than its competitors, understood what we were trying to accomplish, and could see our vision.

Steven Bleakley, IT Client Services Manager, Newfield Exploration Company

Challenge

  • Create a consistent, company-wide philosophy on document management
  • Integrate information into a central, organized, easily searchable location
  • Reduce time spent looking for and/or re-filing documents
  • Manage risk by creating instant accessibility to the most recent versions of information

Product(s)

Value

  • Unification of global business units and documentation into one system
  • 50 percent reduction in document search time
  • Increased speed and ability to get information for permit approval, shortening project schedules and costs
  • Enhanced management of vendor contracts and agreements to resolve conflicts faster
  • Improved information sharing and consistency for a clearer view
  • Usability of information for historical and market references to create analytical tools for cost comparisons

About Newfield Exploration Company

Newfield Exploration Company is an independent crude oil and natural gas exploration and production company headquartered in Houston, Texas. Founded in 1989, Newfield’s growth strategy has concentrated on increasing reserves through an active drilling program and select acquisitions. Its domestic areas of operation include the Mid-Continent, the Rocky Mountains, onshore Texas, and the Gulf of Mexico. The company has international operations in Malaysia and China. For more information, visit: www.newfield.com