As oil and gas prices slide down due to a glut in supply, how does one compete?
According to the U.S. Energy Information Administration, WTI crude oil has dropped in price by more than $35 a barrel during the past three years and is expected to remain stable for the near future. Read more information at http://www.eia.gov/forecasts/steo/report/prices.cfm.
Oil and gas operators and investors - Remote Monitoring and Control automation is the answer!
The best investment that can be made today is to adopt Remote Monitoring and Control automation of your oil and gas fields, said Ken Sigmon of Bluetick Inc. Its benefits include the following:
- • Lower operating costs – by improving oil and gas field activities
- • Optimized production – by monitoring your process
- • Improves pumpers day-to-day routes and activities – by knowing what needs to be addressed and where
- • Protects assets via early warnings of issues and maintenance needed – by monitoring assets' vitals
- • Protects employees and the environment – by monitoring LELs, H2S, and tank levels
Small improvements in production efficiency will have a meaningful financial impact, as additional throughput translates directly into more revenue. Even in the low-volume regimes of current unconventional mature assets, carefully targeted automation steps can cut costs and, more importantly, can also improve the reliability of production equipment, leading to higher revenues that can extend an asset’s economic life.
Be a leader and automate today to compete and increase profit margins going forward.
Check out Bluetick’s Remote Monitoring and Control automation solutions to better understand how they can unlock the value of automation for a company. Bluetick works with customers to determine what they need and we do all of the field work so the solution is turn-key!
About the Company:
Bluetick Inc. provides innovative solutions to the upstream oil and gas marketplace. Bluetick’s Remote Monitoring and Control (RMC) system helps operators optimize oil and gas production, enhance environmental compliance and safety, and increase workforce performance. Bluetick’s Land Management System (LMS) software automates the entire lifecycle of permit, lease, and ROW acquisition projects, including land records administration and complete GIS mapping interface. For more information please visit our website http://www.bluetickinc.com.