Production curtailment decisions require cross-department collaboration and access to data within different upstream domains. How well do your internal teams work together to make decisions about important assets? Could the synergy and communication be better? From lease clauses to revenue interests to historic production and scheduled maintenance in...
Webinars On Demand
Embracing Adaptability in Today’s Oil and Gas Landscape
05/10/2020
Many oil and gas operators are finding new and creative ways to navigate today’s challenging business landscape. In our recent webinar, product leaders at P2 explained how E&Ps can and should embrace changes and shifts in technology to set themselves up for success in business operations across the...
Production Forecasting: How To Make Accurate Predictions For Better Operations
07/01/2015
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...
Best Practices in Hydrocarbon Allocations
06/22/2015
In a perfect world, wells, field measurement, and their corresponding hydrocarbon allocations would be developed simultaneously, but fiscal limitations, regulations, and changing calculation requirements make the reality much more complex. And with multiple consumers and downstream processes within an upstream company relying on the results of these allocations,...
Exception-Based Surveillance: How to Scale Your Best Engineers
06/15/2015
How do we scale our best engineers? That’s a question a lot of upstream oil and gas companies are grappling with today. Why? Because fewer engineers are now responsible for more wells, there’s a skills shortage, and spreadsheet processes have become much too time-consuming. Scaling, therefore, is key...
Every Drop Counts: How to Leverage SCADA and Field Data to Increase Your Production
03/27/2015
In 2015's climate of low oil prices and lean capex budgets, teams have come up against a hefty challenge: maintain company revenues with fewer wells in operation. This test can only be passed when production for these fewer wells is increased and held at the highest level possible...
