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In this exclusive interview for Oil & Gas IQ, John Douglas of the Advanced Operations Group at McKinsey & Company talks to Tim Haðdar about how the unconventional hydrocarbons boom in the US is impacting process excellence.
John has over 35 years of experience working in the oil and gas sector. In this interview he discusses the massive growth of North American unconventional oil and gas, and how it has meant significant structural changes across the value chain, putting even more pressure on capital and operational efficiencies.
This insightful "state of the industry" discussion with John Douglas addresses the following questions:
- How can the industry respond to these changes? what opportunities are there for operational improvements?
- What is McKinsey seeing in terms of benchmarks and best practices?
- What major areas of production performance should operators be focussed on now?
- What is the financial upside when Operational Excellence is achieved?