As discipline remains the order of the day for U.S. shale, Concho Resources Inc. and Enverus teamed up for the launch of a new product on Jan. 21 that could save shale producers possibly hundreds of millions of dollars.
Building on Concho’s proprietary vendor auditing program developed using Enverus applications for oilfield business automation, the companies debuted Audit Analytics, a new product to enable energy companies that will reduce costs by identifying erroneous overfilling in high volume shale operations, according to a joint press release.
“Cost efficiency is the name of the game now,” said Jeff Hughes, president and CEO at Enverus, in a statement.
