Case study · Large E&P Company
Operational Improvements and Value Capture Permian Basin
Uncovered $42 million in value for year-over-year for achieving benchmarks like competitors
The challenge
Lack of visibility into financial and operational aspects of Permian assets
Disjointed operational processes causing extended downtimes and loss of well production
Well interventions reactionary and without economic support
Casing leaks prompting TRRC threats to shut in field wide production
Successful outcome
- Uncovered $42 million in value for year-over-year for achieving benchmarks like competitors
- Substantially improved operations visibility
- Greatly reduced HSE incidents
How we did it
- Engaged wells and production operations leadership to align on OE goals
- Engaged field office leadership, engineering, and operations staff to define processes, uncovering bottleneck and gaps
- Conducted comparative analysis from data of other operators and partners in same asset area to develop benchmarks and best practices
- Redesigned operation processes and workover prioritization and related economic models
Boxley Group competencies
- Oil and Gas Domain Knowledge - Field Operations
- Organizational Design, Capability & Change Mgmt.
- Process Optimization
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