Improving development time reduction in a European IOC’s offshore drilling and completions processesDownload PDF
Help a European international oil company shorten their development cycle
North Sea, Europe
A European international oil company (IOC) was struggling to shorten their development cycle in the North Sea.
To improve the Drilling and Completion processes to decrease the overall development timeline and to improve the speed and quality of execution. A multidisciplinary consulting team designed new field development and well-construction workflows, combining steps in the feasibility and concept stages to accelerate project development. In addition, the team introduced time-based KPIs and a continuous improvement process to reduce development time.