New conventions for unconventional oil and gas: Reducing the drag to achieve speed and efficiency

This point-of-view explores how companies are now stepping back and taking a fresh look at how they are executing strategy and what they can do to remove the waste and inefficiencies across the development process. The publication demonstrates how integrated planning delivers first oil faster and at a lower cost than the prevailing independent and localized approaches--it "reduces the drag" by making the end-to-end process more consistent and predictable through a clear line of sight between strategy and execution. Companies that master integrated planning are enjoying significant benefits including reduction in working capital through higher utilization of assets and resources.