Oil and Gas in the Post-Peak Era: How Technology Can Help Spur Recovery
|When the price of oil is high, the business focus is on getting the oil out of the ground as quickly as possible. Now that the price of oil is lower, the ability to maintain and prolong the life of capital equipment has become more important. Oil and gas companies still need to keep a tight rein on spending and utilize their assets as efficiently as possible to help spur recovery—and position themselves for growth. There is still much uncertainty in this business.
In this paper, we’ll look at the ongoing challenges and explore how asset management can dramatically impact operational performance and productivity.
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