A project’s technical specifications define the requirements for materials, instruments, services and design factors. Each of these directly and indirectly impacts the cost of procuring materials and of designing the facility.
Most industry specifications were developed during a healthier energy market in which procuring higher-priced equipment could be justified in the name of greater duty ratings. Consequently, these specifications are “gold plated” – that is, overly robust in a challenging cost environment.
Vista has developed a full suite of oil and gas equipment and design specifications optimized for the current economic environment.