Why Asset Management?
Most oil and natural gas producers have billions of dollars’ worth of assets in the ground and millions of dollars on the surface. While they should be focused on the billions, the assets on the surface are critical to extracting the billions.
Effective and efficient asset management programs ensure that these assets do not get in the way of extracting the value. They also help your company stay focused on the critical extraction functions and not get sidetracked by regulatory issues, safety incidents or environmental accidents.