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A mature organization with declining recovery from fields, operating aging assets, and with resource constraints. With the number of active wells expected to increase by 50% in a 10-year period and 1 mega project coming on stream each year until 2021, the complexities of operations were expected to increase meaning an additional 65% in the amount of water used, also Gas handling capacity will need to increase by 35%. Further complexity is given by the expected two-fold increase in chemical consumption and the need for 40% more people.
Taking these things together means that operating costs will significantly escalate by over 67%.
SSA & Company deployed a team of consultants across the business in the following areas: Exploration, Operate & Maintain, Well Delivery, Well Reservoir Management, Finance, Contracting and Procurement, People, HSE, & Project Delivery. The team conducted an end-to-end analysis of the company’s operations and evaluated the organization’s readiness for change before developing a value-based deployment plan. The insights derived from this analysis enabled the team to develop solutions to improve asset reliability & uptime, reduce time to first oil, increase productive use of assets, increase process safety, and reduce waste. The team also engaged in a capability build and skills transfer to ensure the culture of continuous improvement was embedded in the company culture. As a result, the organization achieved $1B in benefits through revenue enhancement and cost reduction.