Petrotechnics to uncover impact of operational excellence in oil and gas

Source: Petrotechnics

Now in its second year, Petrotechnic's OE survey assesses how global trends – such as the oil and gas price and digitalization – are influencing industry attitudes towards OE.

(Percent meter with the needle pointing very close to one hundred. Concept of excellence or full capacity. Source:

Petrotechnics, the developer of the world’s first software platform for operational excellence (OE), has launched the OE Index (OEI) 2017. Now in its second year, the survey assesses how global trends – such as the oil price and digitalization – are influencing industry attitudes towards OE.

Click here to take the survey.

Last year, the OEI revealed many exclusive insights, including that more than 90% of oil, gas and petrochemical professionals believed OE was an important priority for their organisation and that technology was a key enabler.

Scott Lehmann, VP of product management and marketing at Petrotechnics, says, “Much has changed in the last 12 months. North American and North Sea oil and gas producers have significantly lowered their lift costs, with similar trends being seen across the globe. While this is good news for the industry, the pursuit of OE is about more than just cost. It requires everyone, from the boardroom to the frontline, to consistently make the most effective operational decisions, based on an integrated view of risk, productivity and cost.

“The world is changing for hazardous industries: enormous economic and compliance pressures mean the need for OE is now critical. At the same time, digitalisation and enabling technologies are coming to the fore, particularly in Asia and the Middle East. Our aim is to understand how, in this complex environment, organizations are building on their commitment to OE and achieving best practice.”

The results of the survey will be used to develop an industry report and whitepaper.

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