Is Your Oil and Gas Field Data Helping or Hurting Your Bottom Line?

04/29/2016

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Press Release: Indigo Chooses P2’s Production Solutions for Its Field Data Capture and Production Accounting, Reporting and Analytics Work

04/06/2016

Indigo will use the Merrick-powered solutions to manage the production from its 1,400-plus operated oil and gas wells

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Production Capability Maturity Model: How to Advance From Proactive to Managed Upstream Oil and Gas Operations

03/11/2016
Production Capability Maturity Model: How to Advance From Proactive to Managed Upstream Oil and Gas Operations

Correct production problems quickly, or prevent them altogether, and identify key opportunities via operational transparency and insights – that’s the operational intelligence way

This is the third in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the evolution from Proactive to Managed operations.

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

02/24/2016
Production Capability Maturity Model: How to Make the Transition From Reactive to Proactive Upstream Oil and Gas Operations

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 make it.

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Production Capability Maturity Model: How to Upgrade From Ad Hoc Operations to a Reactive Mode

02/23/2016
Production Capability Maturity Model: How to Upgrade From Ad Hoc Operations to a Reactive Mode

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 organizations make it.

Imagine…

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

02/09/2016
Why Every Upstream Oil and Gas Company Is Focused on Production Right Now and Why Yours Should Be, Too

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.

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

08/20/2015
As Price of Oil Hits 6-Year Low, Here Are 6 Oil and Gas Blogs That Can Help

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. Last August, the price of West Texas Intermediate, the benchmark U.S. crude, averaged $96.54 a barrel over the course of the month, according to the U.S. Energy Information Administration.

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

07/23/2015
How to Make Better Production Forecasts for Better Oil and Gas Operations

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.

Why the fork in the road?

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How to Improve Your Hydrocarbon Allocations in 4 Easy Steps

07/09/2015
How to Improve Your Hydrocarbon Allocations in 4 Easy Steps

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 of hydrocarbon allocations.

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Production Forecasting: How To Make Accurate Predictions For Better Operations

07/01/2015
Production Forecasting: How To Make Accurate Predictions For Better Operations

It’s no secret that today’s engineers are responsible for more wells. Forecasting production can be tedious, but good predictions inclusive of uncertainty are a prerequisite to efficient operations. Using surveillance by exception, reducing deferred production, and making timely field interventions all depend on having current and unbiased production forecasts for operations.

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