Data-Driven Market Strategy for Building Long-Term Resilience

Oil & Gas | Insight | October 2020

Oil prices have increased 140% since mid-April lows, and are expected to rise an additional 20%, prompting operators to evaluate how increasing activity levels will impact drilling and operating costs in the coming months.

This insights report addresses key data strategies we have seen operators use to capture pricing relief year-to-date while strengthening business resilience in the face of global market risk, namely:

• Validating supplier price concessions to capture true market savings
• Developing data-backed contracting strategies for key CapEx/OpEx categories
• Forecasting well AFEs to measure and plan for capital cost exposure

Read the full insight here: https://www.costinsights.com/staying-ahead-of-the-oil-market-rebound-0