Upstream Case Study 4:
Applying lean manufacturing techniques in unconventional assets for a leading E&P company
- Booz & Company was retained by an E&P operating company to review current field development programs and processes and determine methods to improve cash flow during the field development phase.
- The firm reviewed existing field development processes to determine constraints. We applied lean manufacturing techniques to speed development cycle times by approximately 30 percent, reducing expenses by $130 million annually.
