Supply Chain Cost Control For Unconventional Oil & Gas
Organization: American Business Conferences
Venue: The Westin Galleria Houston
|Event Date/Time: Mar 31, 2015||End Date/Time: Apr 01, 2015|
With oil prices recently falling to a 5-year low, E&P's are under increasing pressure to determine ways of controlling the costs of their unconventional oil and gas operations.
One of the opportunities for cost reduction lies in the supply chain. Supply chain departments at operators working in unconventional plays are now reevaluating their supply chain strategies at every stage to see what steps they can take to reduce the costs incurred by suppliers, materials and equipment and find solutions for controlling costs. This will involve restructuring contracts, setting new performance KPIs for their suppliers, improving the efficiency of transporting equipment to the well site and developing new procurement strategies for high-cost materials and equipment.
The Supply Chain Cost Control For Unconventional Oil & Gas Congress is the first ever event designed specifically for supply chain, procurement and contracts experts working in tight oil and shale gas plays. Consisting 100% of E&P case studies, the event will provide cost reduction opportunities that respond to supply chain challenges specific to unconventional oil & gas operations. Attendees will walk away with actionable solutions for reducing the cost of their supply chains to help the, respond to the current low oil prices
Speakers at the event will explain step by step strategies they have applied to manage supply chain costs on unconventional oil & gas operations by looking at rationalizing supplier selection, measuring supplier performance, managing supplier relationships, examining different contract structures, improving supply chain forecasting, harnessing transportation efficiencies and employing strategies for sourcing high-cost materials across drilling, completions and production.