The best path to operational excellence may require being more innovative
Low oil prices have caused a great deal of frustration and even panic among some in the oil and gas industry.
R&D departments in particular feel the squeeze, as budgets are slashed, jobs are in jeopardy and researchers are increasingly expected to accomplish more with less. But, with the industry well into this downturn, perhaps now is the time to step back and consider with a clear head how innovation can, must, and is happening, even in less-than-ideal conditions.
In this white paper, you will learn more about how:
- Horizontal drilling, enhanced oil recovery, refracking and even data management are among the areas being developed and optimized by companies
- History has shown that many of O&G’s greatest exploration and production advancements have occurred when times were financially tough for the industry
- Technologies from other industries are being adopted by O&G to improve production processes
To access the complimentary white paper 'The best path to operational excellence may require being more innovative', please fill in the form below.
Elsevier's R&D Solutions supporting 'The best path to operational excellence may require being more innovative'
Geofacets empowers G&G teams to efficiently find and seamlessly integrate geological, geophysical and geochemical maps, figures and data, helping exploration teams to gain deeper geologic understanding of petroleum system and reservoir properties, helping exploration teams make better investment and development decisions.
Knovel is an engineering decision support solution providing access to essential reference materials, data and interactive equations, helping engineers, working in both upstream and downstream oil and gas, address and solve for key engineering and technology challenges improving operational excellence throughout the value chain.