In an industry that suffers from cycles in cost cutting, you cannot afford to operate inefficiently.
A huge proportion of operational delays and cost overruns are a result of:
When different disciplines work in isolation without a unified plan inefficiencies are increased.
Attention to effective project planning is imperative regardless of business cycles. Consistency and transparency across an organisation is always required.
Upstream oil & gas projects
Facing cost overruns
Facing schedule delays
Budget overuns on average
“Industry performance data suggests the factors that result in budget overruns or schedule delays are common across oil and gas projects.”
EY 2014; Spotlight on Oil and Gas Megaprojects
A standardised project process is an effective way to deliver projects in any economic environment. Using your company processes mapped into Eikos you can plan and oversee every well project.
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