For organizations that are involved in complex practices such as operating oil and gas wells, there is little room for error. We've previously discussed a number of examples, such as the recent settlement between Transocean and the Justice Department, which show the high cost of oilfield accidents.
In addition to increasing the risk of an oil spill, using inferior equipment or substandard practices can sap the efficiency of a producer's daily operations. There is no reason for a company to wait until an accident proves the necessity of an equipment update or improved training regimen.
In a recent article, Inc. contributor Drew Greenblatt described the lessons that his company learned when an emergency order had to be shipped and the only employee who fully understood the shipping process was out of town.
After having additional staff members trained on shipping practices, Greenblatt realized he could prevent other issues from emerging and raise the shop's efficiency by cross-training employees on different aspects of the company's operations.
"We wanted our employees to be more versatile," explained Greenblatt. "After all, some days the laser cutter is crazy busy, another day, it's the press brake. That nimbleness would translate to greater productivity and greater ability to manage the peaks and valleys of our business."
In addition to certifying that employees are properly trained in best practices, exploration and production companies should also ensure they have reliable oil production equipment in place. Using a quality jet pump or other artificial lift equipment can help producers achieve maximum efficiency from oil wells.
There's no time like the present. Companies that are interested in acquiring an artificial lift solution or other oilfield equipment should contact a proven technology provider immediately.