Gilmore’s Post

Because the best place to look for more oil... is in an existing oil well. During 2023, oil and gas production saw a significant focus on optimizing efficiency. In 2023, #oilandgas Operators budgeted $58 billion in spend on #wellintervention alone. The strategy enables operators to extract additional resources from existing wells rather than only drilling new ones. This derisks their recoverable reserves portfolio, and is an environmentally responsible commitment to making the most out of existing wells.

The oil and gas industry is continuously innovating to optimize for higher production at lower costs. In turn, new technologies are transforming traditional practices. In this article, we explore the multidimensional impacts of the latest inventions and processes on well intervention practices. This includes enhancing production rates and maximizing recovery to ensuring safety and reducing costs. At Gilmore, we are committed to developing flow control technology to help achieve operational excellence and sustainability in well interventions. Learn more in our latest blog. #WellIntervention #ReservoirRecovery #OilandGas #Innovation #GilmoreFlowControl #Technology

High-performance flow control components have become necessary to ensuring efficient, safe, & cost-effective operations while reducing environmental impacts. They also help increase maintenance intervals, maintain reliability in harsh conditions, and improve precision. This can result in real reduction in the time and resources required during a well intervention.

Turnaround exercises can be stressful for many oil and gas operations due to the interdependencies between various stakeholders, including operations, maintenance, supply chain and other contractors. Comprehensive preparation is therefore critical to reducing stress and optimising turnaround success. But with all the complexities involved, how can your organisation ensure that preparations go as planned, from initial planning to final execution? At Renoir Consulting, our consultants can comprehensively assess your current process, planning, and readiness to ensure a smoother, more efficient turnaround execution for your organisation. Read our full article to learn more: https://lnkd.in/gKn3zTxW . . . #oilandgas #oilandgasindustry #downstreamoilandgas #workmanagement #turnarounds #TurnaroundExecution #maintenancexecution #oilandgasmaintenance #energyindustry #PeopleManagement #ChangeManagement #ManagementConsultancy 

New on our blog: Discover how the oil and gas industry is revolutionizing well longevity. 'Prolonging the Lifecycle' explores innovative methods that are extending the life of wells. Dive into the future of sustainable well operations ➡️ https://smpl.is/8m7kk #WellLifecycle #SustainableOilAndGas

Explore the purpose of turnarounds in the oil and gas industry with our latest blog post 'What Is the Purpose of a Turnaround?'! Learn about their crucial significance for safety, efficiency, and regulatory compliance. Elevate your turnaround projects with WYATT's expertise, innovation, and commitment to safety. https://lnkd.in/ghhMKdrn #WYATT #OilandGas #Turnarounds

🔗 Industry Insight: The Vital Role of Asset Testing and Commissioning in Oil and Gas At Vectur Energy, we recognise the pivotal role the oil and gas sector plays in powering our world. It's not just about meeting energy demands; it's about doing so responsibly and sustainably. 🌍💡 However, the complexities and risks associated with oil and gas extraction and processing cannot be underestimated. From ensuring operational integrity and safety to meeting stringent environmental regulations, the challenges are significant. Why is asset testing and commissioning critical in our industry? Here are a few reasons: Ensuring Operational Integrity and Safety: Verifying that all systems function safely and correctly is crucial to prevent catastrophic equipment failures. Regulatory Compliance and Environmental Protection: We commit to minimising our environmental impact through rigorous environmental testing. Operational Efficiency and Cost Management: By optimising system integration and performance, we not only enhance efficiency but also reduce costs. Longevity and Reliability of Assets: Thorough initial testing helps extend the life of infrastructure, ensuring long-term reliability. Training and Documentation: Comprehensive training during the commissioning phase prepares our teams for success, enhancing operational effectiveness. These steps are not just routine procedures; they are essential to the sustainability and success of every project. Read more about why these processes are indispensable in our latest article. ➡️ Read Full Article: https://lnkd.in/ediZGDzt Let's continue to set standards in the oil and gas industry by upholding the highest levels of safety, efficiency, and environmental stewardship. Join the conversation and let us know your thoughts on the importance of asset testing and commissioning! #OilAndGas #EnergySector #OperationalSafety #EnvironmentalStewardship #VecturEnergy #Aim

Are you tracking the right KPIs to stay competitive in the Oil & Gas industry? Mastering the right KPIs can make or break your operational success. But how do you know which ones matter the most? Our latest blog uncovers the **Top 15 Oil & Gas KPIs** that drive operational efficiency, reduce costs, and maximize safety. These are the critical metrics every decision-maker needs to track. The Oil & Gas industry is plagued by inefficiencies, downtime, and fluctuating production rates, leading to higher costs and missed opportunities. By focusing on the **right KPIs**, companies can tackle inefficiencies head-on. Our case study breaks down the essential KPIs that help boost productivity, optimize equipment, and ensure safety compliance. Here’s a sneak peek of some key KPIs: 1️⃣ **Operational Uptime** – Slash downtime and improve production. 2️⃣ **Asset Utilization** – Get more from your equipment and assets. 3️⃣ **Safety Performance** – Prioritize safety and reduce operational risks. And there are **12 more** metrics every Oil & Gas leader needs to measure for operational success. Curious how these KPIs can transform your operations? Dive into our full blog for actionable insights! https://lnkd.in/dSHAM2_N #OilAndGas #KPIs #OperationalExcellence #BusinessGrowth #DataDriven #Brickclay

Dive into our most recent article, "What Is the Purpose of a Turnaround?" to understand the critical role of maintenance and upgrades in the oil and gas industry. Learn how WYATT's expertise ensures safety, efficiency, and compliance. Visit our blog today! #OilAndGas #Turnarounds #WYATT

Unlocking Savings in Oil & Gas Operations! Discover how strategic filtration solutions drive savings in oil & gas operations. Our latest blog delves into the role of filtration as a cost-efficient measure. Fuel your knowledge and bottom line today! Read the article here 👉 https://lnkd.in/gUYw-kCg #Filtersource #FilterExperts #OilandGasIndustry #FiltrationStrategies #FiltrationSolutions #OilandGas #BlogPost #ReadNow #LearnMore