In Q4 of 2016, Darcy Partners released its first comprehensive technology study focused on completion optimization in the unconventional oil and gas industry.
The 12 participating E&P companies left with average 7.3 new emerging vendors they wanted to work with to enhance their completion design and evaluation programs.
At the request of several E&P companies, the results of the study and selected emerging vendors will be shared with a broader group of E&P operators.
In 2017, companies are looking to increase their production and continue to trim costs beyond what they have already achieved in 2015-16.
As companies continue to unlock value during this downturn, technological innovation will have the most lasting impact. These innovations will create, for adopters, truly sustainable value and competitive strength.
The challenge is knowing which ones to pursue.
This story was originally posted for subscribers of www.InfillThinking.com on January 6, 2017. On a conference call in 2011, the always eloquent Clay Williams of National Oilwell Varco (then [...]
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