To support the demand for shale gas production, oil and gas companies are developing thousands of horizontal drilling and hydraulic fracturing well sites, posing a challenge to existing business models. Engineering and construction and oil and gas companies are reviewing the value chain to find new ways to meet the demand.
Reducing the drag
In the push to service demand for horizontal drilling and hydraulic fracturing, oil and gas companies are developing tens of thousands of new well sites, presenting a challenge to current business models and traditional project management.
Oil and gas companies, aided by their engineering and construction (E&C) partners, are analyzing what is, and is not, working across the shale gas value chain.
This publication is the first of a three-part series on the critical role E&C firms can play in helping their oil and gas clients work through the three developmental steps needed to successfully bring shale oil and gas to the marketplace.
Other reports in the Engineering and Construction shale gas series