Case Studies

Elk River saves $100K from document tracking

Black Elk Energy specializes in buying oil and gas wells, primarily in the Gulf of Mexico, that are under-producing and applying capital and technology to make them profitable. By the end of 2011, the company was valued at nearly $950 million.

The company also deploys technology within its internal operations, including an RFID-based document tracking system that allows it to find documents quicker and save more than $100,000 in salary cost avoidance over the next 12 to 24 months.

 

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