Oilfield Technology - June 2015 - page 61

T
he industry has sharedmany excellent articles and case studies on ways
to enhance drilling and completion operations, to increase safety and
decrease the overall cost per barrel of oil equivalent (boe). As the effects of
low oil prices are experienced across the industry, one thing remains self‑evident
– oil companies generate revenue through oil and gas production. Therefore,
service alignment and technology enables a sustainable future for both operators
and service companies in today’s oil price environment.
As the adage goes: necessity is themother of all invention; service companies
are taking on the challenge to address the ‘other 20%.’ What is the ‘other 20%?’
When one considers all of the players and procedures in the well construction
THOMAS ROESNER AND
DIANE LANGLEY, CAMERON, USA,
LOOKS AT WHAT SERVICE COMPANIES
ARE DOING TO INNOVATE AND DRIVE
EFFICIENCY AND COST SAVINGS IN
WELL CONSTRUCTION.
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