In a major step forward on our digital transformation journey, Cairn has successfully gone live with the Integrated Cairn Hydrocarbon & Portfolio Management (CHPM) platform. Developed in collaboration with Quorum, this platform is designed to support our vision of contributing to over 50% of India’s domestic oil and gas production by embedding accuracy, efficiency and innovation across our value chain.
The CHPM platform integrates multiple business functions, from precise hydrocarbon accounting and scenario-based economic modelling to portfolio optimisation and business planning. By combining advanced analytics with seamless workflows and structured data governance, it enables smarter, data-driven decisions, while also helping us decarbonise operations and capture new opportunities for growth.
To ensure maximum impact, the rollout is being carried out in stages: Production Accounting in April 2023, Economic Modelling in May, and Business Planning in June. With this phased approach, teams across assets can steadily adapt to the new system while realising its benefits in real time. The successful go-live of CHPM not only reflects our commitment to innovation but also marks a significant milestone in building a stronger, more future-ready Cairn.
Contributed by Wellverse Team
