Digitalization of Oil and Gas Facilities Reduces Cost and Improves Maintenance Operations
The digitalization of oil and gas facilities is becoming a new technical arena. Effective solutions can be used to convert data into information and knowledge, which can then be used to improve maintenance operations.
Systematic Coiled-Tubing-Efficiency Improvement Reduces Operational Time
Deepwater coiled-tubing (CT) well interventions can benefit from significant rig-time reduction and cost savings associated with improved efficiencies of surface processes.
Needed: Radical Efficiencies
During my 35 years in the upstream oil and gas business, I have seen firsthand the tremendous gains in efficiency, productivity, and cost reduction that the industry has achieved through innovation and technology.
Service Focus Changes the Cost per Barrel
During a protracted period of depressed prices in E&P, the customer focus for service companies and suppliers shifts to finding ways to reduce the cost of producing a barrel of oil.
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06 July 2018
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