Requirements drive multilateral project planning

Clarifying objectives and defining requirements for multilateral projects speed the deployment of new technologies.Adoption of innovative technologies in the oil and gas industry has traditionally taken up to 38 years on average for full deployment, studies have shown.Many oil companies have undeveloped prospects that are marginal with existing technology. Many service companies have a substantial investment in research and development of new technology. Both have a huge vested interest in successful deployment of new technology. So, if we are motivated and our goals are aligned, why does it take so long to deploy new technology? Implementing new drilling technologies usually follows one...

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