Blog | Production Operations

Production Capability Maturity Model: How to Make the Transition From Reactive to Proactive Upstream Oil and Gas Operations

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

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...

Why Every Upstream Oil and Gas Company Is Focused on Production Right Now and Why Yours Should Be, Too

Why Every Upstream Oil and Gas Company Is Focused on Production Right Now and Why Yours Should Be, Too
02/09/2016
Reducing unplanned deferments by just 20-25% translates to a significant revenue uptick A new era – The Era of Operational Intelligence, we’ll call it – has arrived in Upstream Oil and Gas Land. And it looks like it’s here to stay for a while. Everyone – board members...

As Price of Oil Hits 6-Year Low, Here Are 6 Oil and Gas Blogs That Can Help

As Price of Oil Hits 6-Year Low, Here Are 6 Oil and Gas Blogs That Can Help
08/20/2015
Blogs contain industry best practices for teams across the E&P enterprise It was recently reported that, thanks in large part to the devaluation of the Chinese yuan and swelling stockpiles, the price of oil has slipped to a new six-year low. What a difference one year can make...

How to Make Better Production Forecasts for Better Oil and Gas Operations

How to Make Better Production Forecasts for Better Oil and Gas Operations
07/23/2015
Behind every E&P company's success are quality forecasts Production forecasting . For a lot of upstream oil and gas organizations, those two words are a source of great consternation. For others, they’re the source of better decision-making, greater oil and gas production, better capital management, and less risk...

How to Improve Your Hydrocarbon Allocations in 4 Easy Steps

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...

An Oil and Gas Engineer’s Guide to Managing More Wells and Making Every Decision Count

An O&G Engineer’s Guide to Managing More Wells and Making Every Decision Count
06/19/2015
Connected data and surveillance by exception also help companies reduce Opex, increase production, and reduce risk The statistics are sobering … Lease operating expenses for upstream oil and gas organizations climbed by an average of 10 percent per year between 2004 and 2013 (Ernst & Young). Wells in...

6 Ways to Adapt Quickly to Low Oil & Gas Prices

6 Ways to Adapt Quickly to Low Oil & Gas Prices
03/23/2015
Lowering operating expenses is a quick ticket to free cash flow for upstream firms This is the first in a series of six blog posts that covers the six key ways for upstream oil and gas companies to adapt to today’s low-price environment. This post addresses the topic...