Efficiency, Visibility and Reliability: Keys to Lower Costs and Greater Profitability in Oil and Gas Operations

摘要

Falling oil prices and collapsing profit margins are driving the industry to lower costs any way possible. While reducing labor costs and gaining supplier concessions can help, output must continue if not increase, especially on completed wells, to meet commitments to buyers. Some in the industry may persist in using time-tested manual methods and localized automation, but the economics of continuing to do so just don't add up. Nor do they scale, as new drilling and completion techniques increase service densities along with operating complexities.