Surface well-testing is a crucial process in the oil and gas industry. It involves the measurement of various parameters such as pressure, temperature, and flow rate to determine the productivity of a well. Cost optimisation in surface well testing operations is essential to ensure that the process is efficient and cost-effective. In this blog post, we will discuss various ways … [Read more...]
Drilling Economics: Navigating Oil and Gas Industry finances
Drilling, the heartbeat of the oil and gas industry, is both an art and a science. Beyond the technical marvels of drilling technology lies a complex financial landscape that shapes every well's journey from conception to production. In this blog post, we will venture into the world of drilling economics, where profit margins, risk assessments, and investment strategies … [Read more...]