Elements of the manufacturing model
The goal of the manufacturing model is to make operations boring, driving costs lower and lower. In the manufacturing model, with its origins tied back to the days of Henry Ford, operations are standardized as much as possible. No more expensive, volume chasing strategies. Instead, the successful E&Ps of tomorrow will develop an end-to-end well-delivery process that integrates each workflow into a coordinated and efficient operation—from planning to plug and abandonment.