Attend a conference, go to a lunch, or simply walk down the hallways of a company engaged in the oil and gas business, and there is a common thread to all the conversations. How can companies reduce costs without sacrificing safety or the economics of their assets?

Being good stewards of both the environment and company resources requires reducing the amount of raw materials needed for developments along with reusing work and facilities, says Kent McAllister, offshore business unit president for Wood Group Mustang.