Cost Insights
by PowerAdvocate

Intelligence for energy companies seeking a data-driven approach to cost management

Case Studies: A Cost-Centric Mindset in a Down Market

August 14, 2019 at 12:25 PM / by PowerAdvocate

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As oil prices continually dip below $60/bbl and margins tighten, E&Ps are facing more pressure than ever to manage costs in order to deliver more shareholder value. After recent second quarter results, even top E&Ps suffered stock plummets upwards of 30%, which analysts have attributed to rising costs of production. The challenge – and the opportunity – is for operators to exercise greater capital discipline by more surgically executing cost-cutting strategies.

Complete the form on the right to download case studies that cover topics such as:

  • How cost management correlates with stock performance
  • How a lack of market data can lead to overpaying by a 4X factor
  • How one operator uncovered $MMs in savings by scrutinizing their rig spend

With the right data insights, E&Ps have an opportunity to stay on the upswing in a down market. For more information on how PowerAdvocate has helped operators drive millions in savings  with better data, reach out to costinsights@poweradvocate.com.

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For our Permian-specific insights, check out our data blog at PermianCosts.com
 
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