Whitepapers

Oil and gas producers have seen a dramatic boost in production from horizontal wells in unconventional reservoirs over the last decade. In a low-priced oil and gas market, operators must find a way to pair the higher well performance with improved operational efficiency to reduce well costs. This paper explains several challenges faced by operators today and the completion solutions that can help drive down costs in an effort to make wells more profitable.

With commodity prices, demand for O&G-related products and services, and other cost-driving forces at record lows, those who systematically take advantage of market movements can drive large, sustainable cost reductions. Through the use of cost modeling and should-cost analysis (explained in greater detail below), we’ve seen E&P, midstream, and downstream Oil and Gas companies consistently drive an incremental 5% -20% savings in supplier negotiations through the recent downturn.

Process safety and asset integrity is very often enshrined in corporate integrity systems and operating procedures supported by operating safety audits that have been in place for a long time to meet regulations and try to ensure no failures occur. Often considered a necessary overhead, consider for a second whether in your company asset integrity is more than a series of inspection tasks, corrosion analyses, and equipment monitoring tasks. Is your asset integrity management program helping you deliver world-class operational performance? Going beyond the concept of “Fitness-for-Service,” asset integrity management is a business-critical process that should help identify and shape opportunities for operational excellence – improving safety and optimizing you capital and operational spend. This paper explains how a reliability centered approach to maintenance and asset performance management can help you develop and implement world-class operational performance through asset integrity management.

Oil and gas industry executives must stay informed of cyber security threats for two reasons: (1) the energy sector is by far hackers’ #1 target, says the U.S. Department of Homeland Security; and (2) a cyber attack on their own facilities can potentially have serious impacts on operations and profitability as well as grave consequences for the life safety of personnel and nearby communities. This paper provides an executive level briefing of today’s top cyber threats, plus an overview of a layered “defense-in-depth” strategy – an industry best practice.

With demand for oil projected to keep climbing, oil companies are exploiting harder-to-reach reservoirs and keeping existing assets operating much longer. Designing a platform for harsh conditions or deep water that is easy to build, cost-effective to install, and safe to operate is no easy feat – and the risk of failure is high.