In the oil and gas industry, efficient operations are essential for maximizing productivity and profitability. One critical aspect of efficiency is ensuring that you have the right-sized equipment for your specific needs. Oversized equipment can lead to decreased profitability as underutilized equipment can be better served on wells where production rates are more correctly aligned.
Oversized equipment comes with a hefty price tag that impact CAPEX, OPEX and emissions. By selecting the right-sized equipment, you can significantly reduce your capital outlay on new equipment, free up valuable labor resources in the field and dramatically reduce site emissions.
Equipment that was once sized correctly may become oversized with the decline of the well’s production; this will lead to it operating well below its capacity and potentially produce unnecessary methane and CO2 emissions. Equipment that becomes oversized for the well’s production also has excessive maintenance requirements which further impacts the bottom line. Sizing equipment to the declined output of the well will allow for more efficient operations and free up the larger, more sophisticated assets to be redeployed where they are needed.
Selecting which equipment has become oversized for each pad’s production requires some careful consideration but will ultimately increase profitability by lowering operating costs.
We understand the importance of right-sized equipment for oil and gas production efficiency. Our team of experts can help you assess your needs and assist in developing a plan that is well suited for your operation. We also offer flexible leasing options and have extensive refurbishment capabilities to further optimize your operations and maximize your return on investment.
Contact us today to learn more about how Tri-Logic can help you improve efficiency across your fleet and achieve your production goals.