When time stands still, it’s time to learn

Times of crisis are, without a doubt, the most difficult, those where we either learn to overcome obstacles or get stuck. The world crisis we are experiencing is a clear example of this, and it has affected us all in one way or another. However, we find the tipping point when we decide not to give up and act in favor of the future, looking for opportunities in this new context to come out stronger.

In this sense, one of the greatest opportunities that the post-covid19 era gives us is that of learning. All industries have been affected in one way or another, the consumer himself has been affected and changed. In this post-covid19 era, we have the need and the obligation to stop and think. To stop and relearn. Furthermore, to understand that there is strength in unity and only by cooperating with each other can we move forward. We must understand that the needs of the world have changed and as professionals and companies, we have the responsibility to adapt, and to help each other do so.

In the oil industry, for example, large national and international companies have had to tackle an optimization of their portfolio, executing only those projects that allow them to maintain minimum production levels. And I wonder, do we have a clear idea of how to optimize our products and services at a low cost? Can we take advantage of this moment to rethink and relearn about our processes and make them more efficient and less costly?

I believe that herein lies the great opportunity of this time that we are dealing with. It is time to look deeper into the knowledge and processes we already have in place and share experiences within the industry to explore and improve in our profession.

This is already being done, for example, by the Society of Petroleum Engineer (SPE), which seeks to strengthen and promote the exchange of experiences in the exploitation of conventional and non-conventional resources.

This practice can help us identify elements that can make a big difference both in terms of financial resources, to maintain and/or increase production levels during and after this recession, and in terms of safety, quality and efficiency.