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End-User News

PwC: E&C Firms Help Maximize Shale Development Returns for Oil & Gas Sector

As oil and gas companies continue developing new shale wells across the U.S., engineering and construction (E&C) firms have a vital opportunity to optimize these plays using their existing core competencies, according to a new report released by PwC US entitled, Shale Gas: New conventions for unconventional development for the engineering and construction industry. Launched as the second installment in a three-part series, the report highlights three key elements that E&C companies can consider utilizing to enhance the development of shale plays: balance supply and demand, advance performance and find the efficient frontier.

“The rapid development of shale basins requires oil and gas companies to promptly and efficiently respond to the rise in unpredictable challenges and the ever-changing dynamics of managing shale process elements, whether that’s related to the supply chain, timing or design,” said John Doherty, U.S. engineering and construction advisory leader, PwC. “E&C companies can leverage their well-practiced flexibility and existing skill sets to respond to these various issues, ultimately creating an opportunity to take on a leadership role for its oil and gas clients.” 

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