Tag "well information lifecycle"

How Much is Disconnected Well Data Costing Your Business?

“Not only do we underestimate the cost for projects up to 150%, but we overestimate the revenue it will generate.” This quotation from an Energy & Petroleum (E&P) company executive illustrates the negative impact of inaccurate, inconsistent and disconnected well data and asset data on revenue potential.  “Operational Excellence” is a common goal of many E&P company executives pursuing higher growth targets.... more