E/CTRM Archives - Page 2 of 12

All about capSpire Operations Support, Part 5: Continuous Improvement by Patrick Elliott

POSTED BY capSpire ON June 23, 2020 IN Blog, E/CTRM, Featured

The energy and commodity industry isn’t static. After all, markets are dynamic. Regulations are continually updated. Businesses grow and evolve. Software vendors release new versions and patches. In response, support services for commodity trading and risk management systems need to be agile as well. Companies want to be sure they’re getting the best operations support …

All about capSpire Operations Support, Part 3: User Engagement by Lisa Garcia

POSTED BY capSpire ON June 9, 2020 IN Blog, E/CTRM, Featured

In my more than 20 years of providing CTRM operations support, I’ve found trust to be the number-one factor that makes or breaks a client partnership. In many cases, trust simply isn’t there because a relationship ceases to exist, period. Often, a support person is merely a distant voice on the phone. A company’s team …

All About capSpire Operations Support Part 1: Governance by Susan Ernst

POSTED BY capSpire ON May 25, 2020 IN Blog, E/CTRM, Featured

Many companies working with a commodity trading and risk management (CTRM) operations support partner find themselves wondering: How can I trust this support team to deliver what they say they’re going to do? How are they arriving at their recommendations, and how do I know whether these are the right solutions for my needs? How …

capSpire Promotes Larry Loocke and Rusty Robeson to Partner

POSTED BY capSpire ON September 4, 2019 IN Blog, E/CTRM, News, Press Release

capSpire, a global consulting and solutions company serving the commodity industry, has elevated Larry Loocke and Rusty Robeson to the role of Partner. In this prominent leadership role, Larry and Rusty will oversee commodity trading and risk management (CTRM) at capSpire, which involves defining strategic initiatives within this space and managing teams of specialists. Both …

capSpire Hosts Roundtables for Clients Focused on Commodities Technology and Digital Strategy

POSTED BY capSpire ON August 30, 2019 IN Blog, E/CTRM, Events, Featured Resource, News

At capSpire, we’re continually striving to bring more value to our clients. That’s why we’ve started hosting intimate capSpire roundtable meetings for our clients in the commodities industry who have a shared interest in current and future digital technologies. These events will occur periodically throughout the year and in varying locations. The first meeting took …

capSpire Sponsors 2019 Allegro User Group Meeting

POSTED BY capSpire ON August 29, 2019 IN Allegro, Blog, E/CTRM, Events, Featured Resource, News

It’s one of the only events in the commodity trading and risk management (CTRM) space in which users are given the opportunity to steer product development—and capSpire will be right there in the action. Held annually, the Allegro User Group (AUG) Meeting gathers Allegro customers representing some of the world’s most prestigious companies together in …

A Solution for Inefficient Transport in the Oilfield: Uber for Crude Trucks

POSTED BY Thomas Hunt ON August 19, 2019 IN Blog, Digital Transformation, E/CTRM, Featured Resource, Optimization

It’s one of the most common challenges in the oilfield: inefficient transportation of trucks that carry crude oil, sand, and produced water to and from the wellsite. Not only are these transportation costs high, but on average these trucks travel empty 50% of the time. It all adds up to a price that can significantly …

Is your business ready for 5 minute settlement?

POSTED BY Rachel O'Dwyer ON August 13, 2019 IN Blog, E/CTRM

By now, everyone should be aware of the impending wide-scale changes to the Australian electricity market. The move from 30 to 5-minute settlement is arguably the most significant change the market has seen since the National Electricity Market (NEM) was formed in the ’90s, and the impacts for all those in the sector are just …

Machine Learning Saves Millions By Predicting Crude-Hauler Rejects: Part 2

POSTED BY Thomas Hunt ON August 13, 2019 IN Analytics, Blog, Digital Transformation, E/CTRM

In the first post of this series about crude oil load rejections, we discussed the extent of the problem, its estimated cost to producers and first purchasers, and how rejections can be predicted. These were the highlights: In our sample, first purchasers rejected 2.6% of crude oil loads because of high BS&W. The cost of …

How Data Analytics Transformed the NBA and Can Do the Same for the Energy Industry

POSTED BY Thomas Hunt ON July 16, 2019 IN Analytics, Blog, Digital Transformation, E/CTRM, Featured Resource, Uncategorized

After the NBA finals, during which the Toronto Raptors won their first-ever championship, NPR released a podcast about the impact that data analytics had on the game. The following is capSpire’s spin on this topic and its implications for the energy industry. A New Rule The three-point shot was introduced to the NBA in 1979 …