What’s been missing in Oil & Gas?

‘Innovation’ has been the most scarce thing in the oil and gas industry over the last 50 years.

That’s a long time to be doing things the same way and expecting a better result.

Oilfield services companies have curtailed and gazumped competitive technology which probably threatened their own staid practices.

It could be curtains for them when E&P companies cease pandering to these incumbent giants and accepting the continually woeful outcome of budget and project overruns.

And within the current market of uneconomic exploration and extraction, what if the E&P companies start using the competing software and technology available to create one of the most important advantages they could possibly yearn for…….

efficiencies

September 27, 2020
By Rob Zdravevski
rob@karriasset.com.au