Asset Management Moving high-dollar fixed assets from cost to profit

摘要

No two companies are exactly the same. Some Corporate Real Estate (CRE) groups within oil and gas companies manage assets directly, impacting the bottom line. Some manage surface leases for critical rights-of-way and even mineral rights, while others control asset maintenance "within the fence" at refineries or at upstream facilities. However, most oil industry CRE and Facilities Management (FM) organizations manage non-revenue producing facilities, making them major targets for cost reduction. How can they move these assets from the cost side to a direct-bottom-line contributor?