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Since 2004, this independent O&G operator has recorded well data electronically, with daily numbers uploaded in minutes to foremen and engineers. As result, it reduced the time to create daily reports by 33% -- cutting two days off its monthly regulatory reporting cycle -- and increased production by identifying/correcting problems months earlier.
At this global energy company, decision makers gained access to timely, actionable intelligence that helped them bring in $8 million of additional value to their trading book in the first year while meeting other strategic goals and establishing a standardized decision making system for all trading teams.Learn more about our client’s successes
With thousands of wells operating in 10 U.S. states, this independent oil and gas company has boosted productivity by enabling daily gauging and allowing staff to focus on high-value tasks rather than data management as well as returning well production to peak levels several days faster by decreasing the time for troubleshooting.Learn more about our client’s successes
When delivering electricity and natural gas to millions of consumers, this American utility company enabled its engineers to find specific industry standards information 5-20 minutes faster – saving 2-3 days each week across 50 engineers – and reduced the hours that the corporate librarian spent assisting with searches.Learn more about our client’s successes
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How has the shale revolution affected analysis of reservoir performance? The industry has changed dramatically since the advent of the shale revolution in North America, enabled by the application of horizontal drilling and multi-stage hydraulic fracturing to allow commercial production of hydrocarbon from ultra-low permeability reservoirs in resource plays. I
This article originally appeared in the July 19, 2016 edition of the Wall Street Journal. Faith in economic freedom used to be a given in the West. Now a misguided trust in government control is growing. It is hard to imagine now, but not so many years ago people’s confidence in markets was on the upswing. Through much of the 20th century, governments h
With the oil price seemingly stuck at a WTI price cap of $50/bbl, E&P operators are challenged to find new opportunities to extend drilling inventories which generate economic volumes. Valuations of Permian acreage remain high, which further limits opportunity to enter and add value. Overall, few plays