Deploying and Growing a Lean Six Sigma Initiative in a “Wait and See” Environment: The Newfield Experience Carolyn Harper
Preliminary
Black Belt
Application to Oil & Gas <ul><li>Acquisitions </li></ul><ul><li>Budgeting </li></ul><ul><li>Cash Management </li></ul><ul>...
Projects
SR VP/CFO LSS Deployment Champion Corporate Administrative Manager LSS Black Belt LSS Analyst LSS Black Belt
Early Projects <ul><li>Revenue Forecasting </li></ul><ul><li>Royalty  Relations </li></ul><ul><li>OBO Severance Tax Exempt...
Project Prioritization
 
Personnel
Initial Deployment
Teal Belt Training
Manager Awareness Training
Training
Functional Green Belts Currently being trained…. Production Accounting Records Management Revenue Accounting Marketing
Proliferation
Awareness
 
 
Teal Belts
Collaborative Projects 18
Training
Projects
Cumulative Savings
Surefire Path to Success
Projections
<ul><li>More functional GBs </li></ul><ul><li>Increased knowledge of LSS throughout NFX </li></ul><ul><li>LSS partnering w...
Looking Forward…
Questions?
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Deploying and Growing a Lean Six Sigma Initiative in a “Wait and See” Environment: The Newfield Experience

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Deploying and Growing a Lean Six Sigma Initiative in a “Wait and See” Environment: The Newfield Experience

  1. 1. Deploying and Growing a Lean Six Sigma Initiative in a “Wait and See” Environment: The Newfield Experience Carolyn Harper
  2. 2. Preliminary
  3. 3. Black Belt
  4. 4. Application to Oil & Gas <ul><li>Acquisitions </li></ul><ul><li>Budgeting </li></ul><ul><li>Cash Management </li></ul><ul><li>Drilling </li></ul><ul><li>Expense Reports </li></ul><ul><li>Financial Reporting </li></ul><ul><li>G & G </li></ul><ul><li>H S & E </li></ul><ul><li>Insurance </li></ul><ul><li>Joint Interest Billing </li></ul><ul><li>KL Office </li></ul><ul><li>Land Administration </li></ul><ul><li>Marketing </li></ul><ul><li>Negotiations </li></ul><ul><li>Outside Operated Acct </li></ul><ul><li>Prod Accounting </li></ul><ul><li>Qualifying Exemptions </li></ul><ul><li>Revenue Accounting </li></ul><ul><li>Seismic Acquisition Strategy </li></ul><ul><li>Treasury </li></ul><ul><li>Utilization of Office Space </li></ul><ul><li>Volumetric Reconciliation </li></ul><ul><li>Workover </li></ul><ul><li>X-ploration </li></ul><ul><li>Yearly (Annual) Report </li></ul><ul><li>Zonal Analysis </li></ul>
  5. 5. Projects
  6. 6. SR VP/CFO LSS Deployment Champion Corporate Administrative Manager LSS Black Belt LSS Analyst LSS Black Belt
  7. 7. Early Projects <ul><li>Revenue Forecasting </li></ul><ul><li>Royalty Relations </li></ul><ul><li>OBO Severance Tax Exemptions </li></ul><ul><li>BTU Standardization </li></ul><ul><li>Invoice/Remittance Reconciliation, I </li></ul><ul><li>Field Oil Data Distribution </li></ul><ul><li>Field Volume Reconciliation </li></ul><ul><li>Market Contract Distribution </li></ul><ul><li>Meter Cross-Reference Verification </li></ul>
  8. 8. Project Prioritization
  9. 10. Personnel
  10. 11. Initial Deployment
  11. 12. Teal Belt Training
  12. 13. Manager Awareness Training
  13. 14. Training
  14. 15. Functional Green Belts Currently being trained…. Production Accounting Records Management Revenue Accounting Marketing
  15. 16. Proliferation
  16. 17. Awareness
  17. 20. Teal Belts
  18. 21. Collaborative Projects 18
  19. 22. Training
  20. 23. Projects
  21. 24. Cumulative Savings
  22. 25. Surefire Path to Success
  23. 26. Projections
  24. 27. <ul><li>More functional GBs </li></ul><ul><li>Increased knowledge of LSS throughout NFX </li></ul><ul><li>LSS partnering with departments as a tool for problem-solving </li></ul><ul><li>Increased $avings </li></ul>
  25. 28. Looking Forward…
  26. 29. Questions?
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