A new optimization platform leverages digital technologies to elevate production performance. As the oil and gas industry adjusts to the "new normal" oil price environment, it faces the challenge of managing a vast array of field assets with limited resources. This is particularly true in producing fields with hundreds or thousands of wells on some form of artificial lift and with fewer engineers available to oversee them. The number of engineers with decades of experience in rod pumping, for example, is lower than it was five years ago - a loss of expertise that cannot be quickly replaced. Those remaining in the field are stretched thin and cannot effectively manage thousands of wells or make fast, informed changes to each well's lift system as well conditions change.
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