HPC Challenges and Opportunities in Oil and Gas
- Details
- Category: Our Blog
- Created on 14 March 2013
Main industry challenges in HPC-area:
As oil & gas prices continue to grow, there is always a need for additional investments for the development of new fields. Hence comes the key trend where operations become deeper, harsher and more remote.
Therefore and in order to be profitable, all these challenges require higher technology intensity, complexity and level of integration.
In other words, one has to be more efficient to improve the performance of the organisation. Thus we believe that investment in HPC is one of the most reasonable and key steps to take to improve your CAPEX, balance your OPEX and ameliorate the final outcome.
Lease of an oil well comes at high cost and on top of it restarting a reserve requires some serious business implications. As the consequences we see a huge potential for high returns but it does come at high risk and numerous obligations. Therefore in this case it is imperative that everything goes right.
Now let’s discuss a number of challenges which Oil&Gas faces on a daily basis in the HPC field:
HPC
