Highlights
Breaking Down Silos
Fostered cross-department collaboration through working sessions, improving communication, and ensuring seamless handoffs between drilling, completions, and facility construction teams.
Forensic Cost Mapping
Conducted a detailed cost analysis, identifying $300,000 in annual savings by standardizing vendor practices and eliminating cost overruns from rework and inefficiencies.
Operational Readiness
Developed a formalized readiness plan that minimized rework and reduced OPEX impacts by improving well and facility designs and incorporating lessons learned into future projects.
Accelerated Time to Production
Streamlined processes reduced the average timeline to first production by 27%, ensuring faster revenue generation and improved capital utilization.
Background
HZ Well Cost Analysis & Strategy
This initiative focused on transforming the horizontal well delivery process for an energy producer, addressing inefficiencies, and creating a standardized approach to project execution. By collaborating with department leads and analyzing over 500 invoices from 80 vendors, opportunities were identified to reduce individual well delivery costs by 18% and shorten the timeline to first production by 27%. The project established a clear, repeatable framework for well delivery, aligning cross-functional teams, eliminating redundancies, and fostering a culture of continuous improvement.