Friday, January 23, 2015

How to Remain Profitable in a Tough Oil Market

Given the recent drop in oil prices, companies are presented with a dichotomy—while they’ve cut 2015 capital expenditures (CAPEX) by 25-40%, production levels for existing operations are likely to remain at 2014 levels, or higher. The challenge now lies in improving operational efficiency and productivity, reducing costs, and mitigating risk to remain profitable in this tough oil market. This paper presents a single real-time performance-based solution for simulating, operating, and optimizing your upstream operations. Learn more here.