Anyone involved in the industry of oil and gas, knows how complex it can be to create profit because there are so many pieces to pull together. Business tactics are constantly needing to change in order to keep in a profitable zone. Drilling sites and transportation can be big issues if not managed correctly. Environmental concerns can be a major impediment in meeting production quotas. Oil and Gas consulting firms have the potential of providing the needed expertise in maneuvering through the different methods of marketing, and technical know-how necessary to meet the needs of the consumers.
Consulting firms have a wide range of specialists on their payroll. Geologists whose specialty in petroleum are as crucial as petroleum engineers. Both can help in the search for the oil and optimize drilling. These specialties are important but don’t forget there is the world of marketing, as well as the whole issue of law associated with oil and gas. Many petroleum companies have discovered a need for a wide variety of professionals, and have found it more cost effective to go outside their team in order to meet their needs.
Several consulting firms specialize in the environmental side of oil and gas production. Increasingly, the ecological impact of drilling and transport can be a challenge because of the complex legal issues surrounding the industry. A group of experts that specialize in Eco-friendly solutions would be an asset. The regulations of the Environmental Protection Agency and laws of local communities can be intricate and difficult to follow without some kind of legal guidance. A forgotten permit can become a costly legal expense. NPDES, stands for National Pollutant Discharge Environmental System, is a permit that regulates discharge of contaminants in the water. This is one of many permits requiring an experienced technician to monitor the environmental impact of production. In this case, the tech would need to test the ground water and submit reports for compliance. Having a consulting firm that provides this service can ensure the tests are accurate and legally correct.
Consulting organizations have the in house talent who can reduce start up time, and give new insights to problems. Many will provide the necessary training necessary to keep people up to date on new regulations and new equipment procedures. Right now gas prices are very cheap, creating a narrow margin of profitability.
