Everyone needs a pair of well-fitted steel-toed boots to work in the oilfield. The thing is, when you first buy a new pair, it can take weeks to break them in. However, once they are, they become so comfortable that, eventually, you may choose to have them resoled...
Blog | P2 Merrick
Why it Pays to Closely Track the Reasons for Well Downtime
05/19/2020
A look at how 20 operators monitor downtime + ways to minimize unplanned downtime Detailed tracking of the reasons why a well is down for any period of time provides valuable, time-sensitive insight into the necessary remediation measures an operator should take to get the well back onto...
People Matter & We Know People
03/02/2018
“As a Lease Operator, you are responsible for the surveillance and overall upkeep of oil and gas lease sites.” This is an excerpt from one of the hundreds of job listings for the field operator position – a.k.a. meter tenders, lease operators, pumpers – on a popular job...
Production Capability Maturity Model: How to Make the Transition From Reactive to Proactive Upstream Oil and Gas Operations
02/24/2016
When companies begin to see data as an operational differentiator, they’re ready to advance to the Proactive level This is the second in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the Reactive-to-Proactive transition and why upstream organizations...
Production Capability Maturity Model: How to Upgrade From Ad Hoc Operations to a Reactive Mode
02/23/2016
Recognizing the need for a connected field and back office is the tipping point for the upward move This is the first in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the Ad Hoc-to-Reactive jump and why upstream...
How to Improve Your Hydrocarbon Allocations in 4 Easy Steps
07/09/2015
Production accounting should be a top priority for every upstream oil and gas organization It could be argued that production accounting is the heartbeat of every upstream oil and gas company. Those words certainly aren’t meant to minimize the many other E&P disciplines, only to highlight the significance...
How to Find Opportunity in NGL Complexities
05/08/2015
For oil and gas operators, properly managing NGLs can lead to better operational decision-making and healthier profits A natural gas is a natural gas is a natural gas, right? Well, not exactly. Nothing revolutionary here, but different gases serve different purposes and fetch different prices. The latter part...
The Case for a Data-Exchange Standard in Upstream Oil & Gas
04/21/2015
Companies benefit in a big way when production standards are created and used The topic of Big Data is at the center of many an oil and gas conversation these days. Without question, in the data-thick environment that is upstream oil and gas, companies must be able to...
How to Save $324,000 on Your Run-Ticket Program
03/09/2015
The key for upstream oil and gas companies is to focus on streamlined processes and industry best practices Mention the words “run tickets” to a production or revenue accountant and, well, I’d be willing to bet you won’t have him or her doing cartwheels. That’s because the oil...
