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Operational Efficiency through Data Strategy

As the E&P industry adjusts to the latest period of low oil prices, operational efficiency is critical to any company's financial health. Efficiency is often equated with reduced resources, but it doesn't have to be. Coming off of years of booming prices, many operators have expanded quickly and struggle to scale their data strategy. This article from Bluware's E&P Technology Magazine highlights improvements to collaboration tools that can lead to lower finding and development costs, improved recovery, and a much-needed decrease in per-barrel production costs.

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