In this white paper, Kevin Decker, Founder of Peake Consulting, lays out the strategies that will drive immediate cash flow results that are pragmatic and entail aligning people, processes, technology, and data.
This includes getting out in the field and starting a conversation with pumpers, building a production optimization process led by field production teams, leveraging production and non-op data, and empowering the back office with the right technology to boost cash flow.
Kevin's 4 step plan is as follows:
STEP 1: BRIDGE THE GAP BETWEEN EXECUTIVES AND FIELD STAFF
STEP 2: BUILD A CONTINUOUS OPTIMIZATION PROCESS LED FROM THE FIELD
STEP 3: OPTIMIZE PRODUCTION WITH OPERATED AND NON-OP DATA
STEP 4: EMPOWER THE BACK OFFICE WITH THE RIGHT TECHNOLOGY