Operators must become bigger stakeholders in technology
Journal Article
·
· Oil and Gas Journal
OSTI ID:504807
- Halliburton Energy Services, Houston, TX (United States)
The declining involvement of oil and gas operators in research and development (R and D) is reducing profits for both the operator and the service provider. Greater responsibility for technology development is now being shouldered by the service providers, and there is a growing concern that they are drilling themselves out of a job. This concern is compounded when the financial results of the operator are compared with those of the service provider. The paper discusses reduced profitability, misconceptions about new technologies, time-based incentives, risk and reward, the aligned-interest agreement, and agreement structuring.
- OSTI ID:
- 504807
- Journal Information:
- Oil and Gas Journal, Vol. 95, Issue 29; Other Information: PBD: 21 Jul 1997
- Country of Publication:
- United States
- Language:
- English
Similar Records
Onshore U.S. Carbon Pipeline Deployment: Siting, Safety, and Regulation
Subtask 1.4 - Techno-Economic Assessment of Regional Carbon Utilization Scenarios and Attendant Monitoring Technology
Missouri Agricultural Energy Saving Team-A Revolutionary Opportunity (MAESTRO)
Technical Report
·
Thu Jun 01 00:00:00 EDT 2023
·
OSTI ID:504807
Subtask 1.4 - Techno-Economic Assessment of Regional Carbon Utilization Scenarios and Attendant Monitoring Technology
Other
·
Mon Apr 22 00:00:00 EDT 2019
·
OSTI ID:504807
+11 more
Missouri Agricultural Energy Saving Team-A Revolutionary Opportunity (MAESTRO)
Technical Report
·
Thu Oct 23 00:00:00 EDT 2014
·
OSTI ID:504807