The Oil Exploration and Production (E&P) Commodity Management Solution – Commodity XL

Trading and Risk Management

Oil exploration is an expensive, high-risk operation. Offshore and remote area exploration is generally only undertaken by very large corporations or national governments. Typical Shallow shelf oil wells (e.g. North Sea) can cost USD$10 – 30 Million, while deep water wells can cost up to USD$100 million plus.

Hedging price risk of crude oil is a key to profitable operations. E&P companies wishing to succeed must have sophisticated energy trading and risk management (ETRM) systems in place that not only transact and capture data in real time, but that also provide critical business intelligence and analysis information to make optimal decisions around trade execution, position management, and physical logistics.

The Oil Exploration and Production ETRM Solution

Trading

Commodity XL for Oil™ provides complete control over trading operations. With Commodity XL traders can better manage current positions and gain real-time information to take advantage of market movement. Commodity XL integrates physical and financial trading, improves trading efficiencies with deal entry templates/blotters, provides sensitivity analysis, and enables “what-if” scenarios.

Price Risk Management

Commodity XL provides sophisticated tools for portfolio stress testing and sensitivity analysis to run what-if trades. Commodity XL analyzes real-time position and exposure — market, volumetric, credit, delivery, and FX risk — at granular and rolled-up levels for optimized price risk management.

Counterparty Credit Risk Management

Commodity XL for Credit Risk proactively measures, manages, and mitigates the risk arising from counterparty default. The solution addresses the entire credit risk process with a full range of credit analysis and operational tools in 3 key areas: exposure, collateral, and counterparty management.

Hedge Accounting

Commodity XL for Hedge Accounting™ manages the daunting set of requirements under hedge accounting regulations, including the detailed testing, documentation, and reporting that must be performed in order to qualify for hedge accounting status. The solution ensures full compliance with ASC 815 (FAS 133), ASC 815-10 (FAS 161), IAS 39 (IFRS 9) and similar national hedge accounting regulations.

Fair Value Disclosure

Commodity XL for Fair Value Disclosure™ provides the tools and framework to define, measure, and manage fair value levels and meet all disclosure requirements for ASC 820 (FAS 157) and IFRS 7 compliance.

Supply Chain Planning and Optimization

Triple Point’s WAM Supply Chain Solutions deliver a comprehensive set of visualization and decision support tools that address the unique challenges of managing complex oil supply chains. Advanced functionality optimizes every aspect of the supply chain from demand management and distribution planning through production scheduling and sourcing. WAM Supply Chain Solutions provide all the tools required for developing accurate plans that maximize profitability and productivity.

Chartering and Vessel Operations

Chartering and VesselOps™ provides the leading software for owners, operators, and charterers to manage commercial chartering and vessel operations. Chartering and VesselOps efficiently handles all chartering, post-fixture activities including freight risk management, and financial aspects of commercial vessel operations.

Commodity XL – The Complete Solution for the Oil Exploration and Production Industry

Commodity XL provides an enterprise view of position and risk for increased transparency and manages multiple commodities on an integrated platform. It delivers superior, real-time business intelligence for proactive decision-making and competitive advantage.