I feel the need for speed

Said Goose in the movie Top Gun. Likewise, Reservoir engineers face a near impossible task: make speedy forecasts that hit financial targets dead-on.

Sounds simple. It’s not.

The culprit? The Visibility Gap.

Back in the 1980s, I watched this gap destroy forecasts. Current production data was unavailable or disconnected from aged accounting numbers. Downtime anomalies created noise. Financial clarity remained elusive.

Four decades later, the same problem haunts some operators.

Here’s the brutal truth: Many companies still forecast like it’s 1985.

Digital technology can close this gap completely. Real-time operational data connects seamlessly with live pricing. Yet operators cling to outdated methods that guarantee inaccuracy.

The stakes have never been higher. With oil prices driving marginal economics, slow forecasts kill profitability. Decision makers need instant financial guidance, not month-old data.

Two factors separate winners from losers:

• Real-time operational visibility
• Live pricing integration

The math is unforgiving. Accurate forecasting demands both.

Your survival checklist:

• Embrace digital transformation
• Demand real-time accuracy
• Make economics drive every decision

The visibility gap isn’t inevitable. It’s a choice.

Stop flying blind.