Are meetings and emails taking up so much of your time that it’s hard to get down to the basics of production optimization - modeling your wells? In a recent mentoring session with an operator’s engineers, I had the engineers write down what they do on a daily basis. The answer shocked me:
When oil prices are low it’s more important than ever that we optimize the way our wells are produced. How can we “double down” to ensure that our wells are produced efficiently at the lowest cost of operation? This article summarizes how you can do that now and for the long term.