Thanks to ongoing technological advancements, it has become easier than ever for oilfield owners and engineers to manage their patch. Software designed to maximize efficiency has become a must-have across the industry. But before you acquire or upgrade your production software, it’s important to know that quality and accuracy can vary among providers. Here is how you should go about finding the best software for your needs.
Do Your Homework
Given the growing use of oilfield production software, there are a great many field operators who are knowledgeable about available services. Talk to them first. Ask them if the software is easy to use and if it has resulted in more efficient well site performance and increased revenue. When considering a software provider, ask them to provide testimonials from satisfied customers.
Set aside as much time as possible to read up on software advancements and provider practices. By knowing precisely how the latest production software works, you’ll know what questions to ask of companies you’re considering. For example, you’ll want to know if all data is managed on a single open platform that manages all your existing sensors. Search also for online reviews and third-party endorsements. The more you know about a provider’s experience and reputation the better decision you’ll make.
Do a Cost Analysis
Make sure that the addition or upgrade of oilfield production software makes financial sense for you. If it does, shop around for the most cost-effective option on the market. Prices can vary, so you don’t want to overpay. Ask each company if they will provide ongoing ROI maximization as part of the contract.
An automated oilfield operating at peak efficiency is more attainable than ever before. But technology moves fast. Stay on top of advancements so that your most important asset is always optimized.