The Evolved Experience

Thoughts and Insights on Business Excellence in the Energy and Heavy Process Industries

Cost Control

Manufacturing Mindset Drives Innovation in Shale Plays

Traditional oil & gas plays have been high-risk, high-reward scenarios where the priority of speed from SPUD to production trumped upfront costs due to time value of getting production online ASAP. Shale production volumes on the other hand are strongly correlated with the amount of completion work done on the wells; the shale development paradigm is therefore more akin to the manufacturing environment than traditional oil & gas production.


Cost Excellence in Upstream Operations

Optimizing cost performance is a key component of Operational Excellence for upstream oil and gas businesses. It is a core part of the general mission of every operation in that sector: To find, develop and deliver as much hydrocarbon as possible, at the highest practicable margin, as fast as possible without harm to people or the environment.


Major Capital Project Execution

Major capital project execution is a huge driver of enterprise capital efficiency in terms of controlling costs while meeting development objectives on time. Major capital projects include green field site developments, major expansions or de-bottlenecking projects, reservoir exploration and development, and major turnarounds.