The business case for oilfield electrification Electrification opens a world of opportunity to improve operations, including lower LOE, de-risking, ESG benefits and more.

Evans, Joshua W.

The business case for oilfield electrification Electrification opens a world of opportunity to improve operations, including lower LOE, de-risking, ESG benefits and more. - oct. 2020 - [c.a.] 4 p.

Oil and gas production and delivery to midstream refiners consumes significant amounts of energy in the form of onsite generation and utilization of equipment fueled primarily by diesel or natural gas. The costs associated with this energy routinely rank as a top LOE for operators. As producers look for options to reduce costs, energy-related LOE offers an opportunity for significant savings through conversion to electrical power or improvements to existing electrical infrastructure. Reducing LOE can often be accomplished while achieving other benefits, such as reductions in greenhouse-gas (GHG) emissions, improved resiliency and all-around de-risking of operations

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