Oil and Gas Expert Advisory Group
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IS YOUR LEADERSHIP PIPELINE RUNNING DRY?
A case for mentorship in leadership development Developing and sustaining a continuous pipeline of leaders is a challenge for most companies under normal circumstances but is now an even greater need to develop and deploy solutions in the energy transition environment. The urgent demand for...
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Managing Repurposed Offshore Platforms
The current trend of removing fixed or floating offshore Oil and Gas platforms either for demolition or for the rigs-to-reefs program misses the opportunity of creating new revenue streams, particularly in the ever-expanding energy transition arena. Repurposing these platforms for green energy or...
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Understanding Purpose is Pivotal to Success
Purpose, begins with the End in Mind How do you define Success? We know organizational success is based on many variables. Why are some organizations more successful than others? The answer is simple. Defining the organization’s “purpose” is pivotal to its success. In recent years,...
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What measures are you taking to ensure that your business is not becoming susceptible to mediocrity via groupthink?
Groupthink is a phenomenon that occurs when a group of well-intentioned people makes irrational or non-optimal decisions spurred by the urge to conform or the belief that dissent is impossible. The problematic or premature consensus that is characteristic of groupthink may be fueled by a...
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Discover the Power of Integration!
To set the stage for this discussion on integration we need definitions [i] regarding the topic. Integration The harmonization of plans, processes, information, resource decisions, workforce capability, and capacity, actions, results, and analyses to support key organization-wide goals. Effective...
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Why Maximizing Production Means More Today Than Ever
The trend of oil price forecasts has changed from years past and if you are not changing your business focus accordingly, you may be missing out on significant value. Historically, multi-year oil price forecasts when oil price was $100/bbl or lower have shown an increase per annum of...
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Gaining Competitive Advantage Through Carbon Footprint Modeling
Today, we hear quite a bit about the energy transition and see many global companies resetting their business strategies to incorporate the impending move from oil and gas toward renewable forms of energy. The resetting incorporates anything from ambitious carbon footprint targets to measurable...
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Analysis of Brazil's Oil and Gas Sector
Endeavor Management would like to present its latest report on the O&G Sector in Brazil, recently published in World Oil magazine. Ricardo Giamattey and Bruce Crager describe the current landscape in Brazil for the O&G industry, also including a section on renewables. To understand...
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Preparing for the Future of Offshore Oil and Gas
Are you ready for the next phase of Offshore Oil & Gas? Bruce Crager shares his views on preparing for the future of offshore oil and gas.
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Oil and Gas Markets after COVID
When and how the Oil and Gas market will be in equilibrium once again is yet uncertain, but there is no reason to doubt the industry´s resilience Overview COVID-19 impact in the global economy may not be as severe as anticipated . When the COVID-19 pandemic is controlled and we reach “COVID...
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Brazil O&G
Brazil joined the group of relevant O&G geographies given the discovery of a potential offshore hydrocarbons resource base so huge that perhaps its full potential will never be fully uncovered – this is known today in the O&G industry as the “Brazilian pre salt”.
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Downstream Industry - Optimize Key Parts of the Value Chain
The change in downstream market conditions is an opportunity for the downstream sector to move even further toward operational efficiency and effectiveness by capitalizing on ways to optimize key parts of the value chain.
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DDDP Announcement
Endeavor Management is excited to participate in next week’s Data Driven Drilling & Production Conference (DDDP) on June 11-12, 2019, in Houston.
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B-in Partners and Endeavor
B-in Partners is pleased to announce that it has entered into an agreement with Endeavor Management for mutual cooperation in a Global Alliance.
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Ice Management
Dealing with the ever-changing ice cover in Arctic waters is one of the most challenging issues for any human activity there, particularly with ice management. Whether the task is moving vessels through the ice to their destinations or keeping ice clear of drilling vessels or production...
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Offshore Arctic Exploration and Development
A Team Approach To successfully explore and develop offshore oil and gas resources, finding, developing, and renewing the personnel resources for Arctic exploration and development operations depends on identifying individuals who possess: Wisdom – from Knowledge gained Knowledge – from...
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Creating a Truly Integrated Management System
The average NFL team is run by 2-3 front-office personnel and about 15 coaches. That’s about 18 individuals charged with ensuring they win. Yet not one of them has the specific title of ensuring they don’t lose. They do not have a Coach of Penalty Avoidance, a VP of Injury Prevention or a...
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Connecting the Digital Data Dots
Data is Key to Asset Life Cycle ROI Asset management and engineering and construction are distinctly lacking the single-point entry of data that disseminates to all project planning and delivery applications, but more importantly meets the needs of operations and maintenance throughout the...
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The Law of Unintended Consequences - Part 3
In the last 2 weeks, the Decommissioning blog posts discussed the Law of Unintended Consequences or LOUC for short. We also observed that: There is negativity to the oilfield among those unfamiliar with the industry. The attitude of some toward older offshore installations is: They are worn out,...
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The Law of Unintended Consequences - Part 2
In last week’s Decommissioning blog post we learned about the Law of Unintended Consequences or LOUC for short. We also discussed the attitude of a decent portion of the public not familiar with the oilfield and observed that: There is negativity to the oilfield among those unfamiliar with the...
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Organizations Don't Perform Work, People Do
Organization Don't Perform Work, People Do “The strength of the pack is the wolf. The strength of the wolf is the pack.” – Rudyard Kipling, Law of the Jungle Silo Busting On capital projects , strong leadership is required to unite the various functions, organizations, and companies around...
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Offshore Facilities and Remote Operations
: A Way to Reduce Costs, Improve Performance, and Embrace the Future Keeping oil and gas projects profitable when oil prices drop has been a key challenge for the past several years, though not the only one for the industry. While prices in the $70/bbl range have provided some relief recently,...
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The LAW of UNINTENDED CONSEQUENCES
in Oilfield Decommissioning An unwritten law of societies familiar to most people is the Law of Unintended Consequences. Simply put, it describes the tendency of our best-laid plans to somehow go awry, ending up with results – consequences – that are completely different than the results we...
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Oil and Gas Challenges: Is It Time to Change?
Facing oil and gas challenges requires innovation, technologies and new collaborative approaches.
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Life Extension for Offshore Floating Assets, Part 2
Developing a Life Extension Plan The benefits and challenges of safely and effectively extending the operating life of an asset is well described in Part 1 of this discussion on life extension (LE). In this second part, logical and step-wise approach to developing LE plan that meets the interests...
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Life Extension for Offshore Floating Assets, Part 1
Safely & Effectively Getting the Most Out of Facilities WHAT IS LIFE EXTENSION? At its core, a life extension (LE) plan is a management system that provides assurance to the duty holder, regulators, investors, and other stake-holders that an aging asset can continue to safely operate beyond...
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People Are The Most Important Asset Asset, Part 3 - Walking the Talk
People Are The Most Important Asset Part 3 - Walking the Talk I have spent my entire career working in the upstream oilfield environment and have found people to be a critical success factor in every company in which I have come in contact. In my last two posts on the value of employees to a...
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People Are The Most Important Asset, Part 2 - Employee Expectations
People Are The Most Important Asset Part 2 - Employee Expectations I have spent my entire career working in the upstream oilfield environment and have found people to be a critical success factor in every segment in which I have worked. In Part 1 , I commented on the reasons why people are the...
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People Are The Most Important Asset, Part 1 - Reasons
People Are The Most Important Asset Part 1 It is common to hear companies talk about how people are the most important asset. It is just as common to hear workers talk about being frustrated in their jobs and mistreated by the companies that employ them. Every company needs assets, including...
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Remote Operations Provide a New Approach to Offshore Development
Premier Oil Sea Lion Project Can operators afford not to seize the opportunity to capture the value of the digital transformation, and simultaneously turn the changing demographics in the workforce into a net gain now, rather than a looming struggle for the days (and years ahead)? Larry Forster...
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Monetizing Nigeria's Non-associated Gas Resources
Nigeria has very significant natural gas resources, estimated to be the ninth largest in the world at nearly 200 trillion cubic feet (TcF) and the largest in sub Saharan Africa. A substantial portion of this gas is non-associated, and much of it has been discovered offshore, in shallow water and...
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Reducing Subsea Equipment Capex
The primary driver for all projects should be disciplined spending. But, one of the most powerful tools for minimizing costs is standardization of equipment, yet it is one of the least used. System designs should target meeting requirements and avoid exceeding requirements. Focus should be on...
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Late Life Oil Field Development
A shallow water asset off West Africa, already in production from multiple reservoirs with an FPSO and production platforms, needed a plan for its late-life oil field development. Production was declining. Oil prices were falling. Declining production needed to be replaced and operating expense...
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Arctic Oil Spill Containment and Cleanup
With any Arctic drilling, the possibility of an arctic oil spill in the highly remote regions offshore of Alaska increases. This has become a key focal point for the U.S. Coast Guard (USCG) and Bureau of Safety and Environmental Enforcement (BSEE) to ensure that drilling and production is not...
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Overcoming Risks Producing Incident-free Arctic Oil
The industry needs to rebuild its Arctic capability to operate effectively at high latitudes. Arctic conditions can be daunting with sea-ice as one of the most pervasive challenges. Source: U. S. Coast Guard. Great rewards are generally preceded by great risks. As the world price for crude oil...