Cutting the Costs of Production Accounting: A Focus on Performance Improvement

This paper explores practical solutions that oil and gas companies can adopt in order to create a flexible environment that is easily adaptable to change, which delivers clear and quantifiable benefits to the business.

Performance improvement is used as an umbrella term to describe a range of actions that allow companies to create an increasingly agile environment, delivering benefits to the business that are both clear and quantifiable.

To achieve the above, oil and gas companies must focus on five key operational areas.

In this paper, EnergySys Managing Director, Dr Peter Black, reveals the five key operational areas that are vital to achieving performance improvement within hydrocarbon accounting and production reporting.

The conclusion of this paper will provide practical solutions that oil and gas companies can adopt in order to increase performance.

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