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A typical strategy for Oil and Gas company may sound like "maximize long-term value, leverage latest technologies, produce the oil in most efficient and profitable manner, deliver world-class performance in operational excellence, cost reduction, capital stewardship, profit growth, secure shareholder value". Well, in essence the companies have similar strategies to produce and recover oil at the lowest possible cost. Some companies are better at doing this than the others. The difference is how well they execute.
The afore mentioned execution oriented activities require regular surveillance, analysis and generating list of opportunities - what wells and patterns are with performance gaps. An active program of closing the performance gaps has to be managed and someone should be accountable to implement those activities in timely manner.
It does not matter what IT system and data sources you have. What matters is that we help operators to become more execution oriented company and get better performance.
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