Reminders

Tackling Asset Management in Oil and Gas

By Jill Feblowitz – February 27, 2015
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Even before the price of crude oil dropped south of $50 per barrel, oil and gas companies were focusing on improving their performance. With uncertainty about where the price will go, there has been a pull back in new capital investment and in exploration. Oil and gas companies are depending on maintaining production from the most profitable existing wells. Instrumentation coupled with software can be used to help producers predict potential critical equipment failure and remedy potential issues before they occur, thus mitigating the risk of unplanned outages. Enter a new offering by GE Measurement & Control and Meridium.

 

About the author

Jill Feblowitz

Vice PresidentIDC Energy Insights

Analyst covering information technology in utilities and oil & gas since 2000. Consultant to utilities from 1991 to 2000. Currently VP at IDC Energy Insights leading a team of analysts focused…

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