For those involved in onshore of offshore, well testing & production manifold, I came across some interesting figures:
78% of Oil & Gas E&P projects suffer cost overruns and delay (data from - Oil & Gas Industry MegaProjects: Independent Analysis, Inc., April 2012. Based on data from 130 Oil & Gas megaprojects.)
Reducing the topside weight of deepwater structures could save $250,000 / meter of water depth, an average of $150 million / unit. (US Dept. of Commerce estimate, cited by Offshore Magazine Nov. 2004)
A smaller but intelligent packaged solution to replace traditional manifold testing skids can offer $$$ savings and increased $$$ revenue. Enjoy the video below.
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