Oil & Gas: Managing and Controlling Capital Expenditure
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Leading energy firms spend more than 50% of their Capital Expenditure towards Exploration and Production (E&P). Processing and refining spend comes next with around 7%. With many oil and gas companies foraying into deep and ultra-deep offshore areas to meet the demands, E&P CapEx is only expected to grow, along with increasing expenditure towards pipeline and transportation.
Needless to say, CEOs and CFOs are required to effectively plan, monitor and control Capital Expenditure. Visual BI's CapEx Spend executive KPI dashboards help oil and gas executives track KPIs such as
- CAPEX across various locations and time intervals
- CAPEX split across various time intervals
- Remaining Budget and forecasted budget for the coming months
- CapEx Performance comparing actuals and forecasts
- And many more…!!
Sign up today for a FREE demo to learn how you can effectively manage CapEx in your organization.