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Maximizing Return on Efficiency

Jun 21, 2023

Listen in as David Courrege describes the keys to getting maximum value from efficiency.

Are you getting maximum value from your hydrocarbon assets?Are you delivering savings in one phase and then watching them erode in another?If your savings are not creating real value, then you may want to think differently about efficiency.

Unlike other companies who think efficiency is only about one operation or job, we think about efficiency over the life of the well. And, how each aspect of bringing a well online impacts the next. Operations that show savings, but add cost, risk, or time somewhere else aren't good enough in today's environment. We know that operators need real efficiency gains that maximize the total value of their assets.

Stop eroding the value of your savings and start Maximizing Your Return on Efficiency.

Perfect execution alone won't get you the best results. It takes a combination of factors to deliver more energy, more quickly with less carbon and less cost.

Getting maximum value from efficiency comes down to three key things and Completions and Well Intervention (CWI) from Baker Hughes has them all:

How can you be sure that your return on efficiency is maximized?

It starts with using the three keys: Expertise, Design, and Execution.

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You can measure their impact with simple calculations to assess that you’ve done the right things in the right way. The return on efficiency calculations provide a side-by-side comparison looking at the incremental investment and then evaluating the operating cost savings generated and the impact on production revenue. By calculating the Return on Incremental Investment (ROII) and Net Present Value (NPV), we can see how the solution maximizes return on efficiency. This shows the solution's impact in maximizing the total value of the asset.

Let a completions and well intervention solutions expert from Baker Hughes review your project today to see how you can maximize your return on efficiency.

Join Baker Hughes experts in this SPE Tech Talk as they highlight the way forward utilizing real-time downhole data and new whipstock technology for improved casing exit efficiency and window quality.

Get faster, cleaner, better sidetracks.

Combat water and gas breakthrough to improve ultimate recovery.

Confirm casing, cement, and barrier integrity any time you run pipe in the well.

Ensure total wellbore conformance and superior filtration—on every job.

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EXPERTISE DESIGN EXECUTION