Reducing your production costs does not always require a major overhaul. Savings can also be made by looking at the bigger picture and making sure that the different teams involved are aligned and heading in the same direction. Whilst each team will have its own set of goals, an awareness of how these goals and the decisions made to fulfil those goals impact on other teams and the processes they are managing, is important. By breaking down the silos that exist within the E&P industry, significant efficiencies can be realized and in doing so, the cost of production reduced.
Join Felor Makhmoor on the Production & Economics Community Forum to discuss what will have the biggest impact when it comes de-compartmentalizing our industry?