David Price's Contact Details

David Price's Company Details

EPEX Solutions

The Woodlands, TX, US • 5 - 9 Employees
Management Consulting

Epex Solutions delivers a relatively new approach to optimizing business management processes and workflow for Oil and Gas. Repetitive business processes are key to corporate success in many industries, regardless of the "product"​ a process may be producing or delivering. In Oil and Gas that product is a well, and the processes that lead up to the drilling, and then the subsequent processes that take it through production.There are countless departmental applications within an organization, for land, regulatory, geoscience, engineering, drilling, production, finance, etc. They are all targeted to a specific function within the organization. Epex Solutions ties the functional groups together and ensures the tasks performed by the members of each functional group, utilizing their specific applications, are done when required and in the required amount of time, not too early, not late, on time and while collecting the required information for the organization before handing off to the next person/function. Epex is an acronym for Enterprise Process EXcellence, and the Epex Solution is providing and supporting operational insight, optimization and automated workflow across the organization with full transparency and accountability. The optimization portion of Epex is constant; as the organization, people and processes change, Epex Solutions'​ service reviews, authorizes, modifies and delivers the correct workflow immediately upon request. Epex Solutions 24/7 transparency allows the organization to "Manage by Exception", only having to meet, or assign action items, to address issues that may arise in a process. For example, instead of managing 100 well and 10 rigs with 4000 process steps in a weekly meeting of twenty people for two hours, the organization can readily see any issue on any rig line on their personalized Epex web-page, along with their individual tasks and an associated action items assigned to them.