Happy Thanksgiving … and a little about Arbo™— a new liquids commerce platform

It’s Thanksgiving week, so we start today’s Insights by expressing our sincere gratitude to you for your business. We recognize this year’s difficult industry fundamentals require all of us to closely examine our costs and service providers. This leaves us feeling particularly privileged and committed to continue serving you. We look forward to the next opportunity to safely visit and thank you in person!

This year, LawIQ invested in the development of a new product focused on driving industry efficiencies to help us expand our offering into other commodity value chains, starting with liquids (crude, NGLs and refined products). It’s called Arbo, and we’d like to tell you a little about it!

Go Arbo

Arbo is a digital, map-based platform for visualizing and acting on all the data needed to market and move physical commodities.

Many of you remember the “Internet 1.0” days, when it was nearly impossible to figure out all the flights between Houston or Denver or New York, and wherever in the world you were trying to travel. Then along came Kayak, and voila, all the origins, destinations, routes and fares for air travel could be viewed, compared, and selected in one platform. Think of Arbo as “Kayak for Oil.”

Our customers that market, trade, sell or buy pipeline capacity told us in great detail how difficult it is to assemble, analyze, and act rapidly on all the knowledge needed to do their jobs. They describe daily deal decisions based on dispersed collective wisdom and chaotic chat communication. A dearth of digital workflow and knowledge integration keeps these dedicated professionals from confidently knowing they always get the best deals for their company. We built Arbo for them!

Have you ever had to read a pipeline tariff? They don’t exist to facilitate fast business decisions. But they are often the linchpin data source for liquids commerce, since they include pennies-per-barrel incentives, extra charges, temporary rates and other terms that can add up to large profits, losses and costs – depending on your side of the transaction.

Arbo integrates the only comprehensive source of liquids transportation costs with all of the other critical data, such as netbacks and proprietary rates and routes users can securely upload. Customers will benefit from dramatically improved “flow assurance,” stronger business development intelligence and a new rapid response capability to reduce operational risks.

Three Imperative Use Cases

Arbo solves for urgent needs unanimously described by commodity market participants.

Flow intelligence.
Find the best origins, destinations and pricing for commodity transportation.

Business development.
Harness all the contractual, regulatory and routing data needed to market and sell oil and gas or capture long term transportation.

Operational risk management.
Enable rapid response and alternatives analysis to events such as the shutdown of a major pipeline.

Commercial solutions engineered from millions of structured tariff data points are only available in Arbo.

Features – Simple, Reliable, Efficient

• Intuitive map-based interface
• Daily pricing and rate updates
• Public and private data integration
• Customizable views and shape files
• Secure single sign-on

Become a Beta Partner

We are testing Arbo now with select customers prior to its commercial launch in early 2021. We invite you (or an interested colleague) to join our free Private Beta; explore how Arbo can realize efficiencies and identify opportunities for your team! Your feedback will ensure we build a platform that fuels your future success.

To learn more and sign up, visit www.lawiq.com/goarbo

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