Tuesday, December 9, 2014

No Longer ‘Business as Usual’

ConocoPhillips announced yesterday that they are slashing their 2015 capital budget by 20%; accomplished by lower spending on major projects and the deferral of funds for unconventional plays. They still expect higher production however. Read more here.

Given oil’s rapid drop over the last four months, are you cutting your 2015 budget? Do you need help lowering your engineering and/or operating costs? Visit software.invensys.com/faster for more information.