Luis Uriza: The Acute Need for Cost Reduction in a Low-Price Environment

Oil and gas companies operate in a complex, unpredictable industry that will always attract cost increases, requiring them to consistently pay attention to cost discipline. The current price reality, however, makes cost management a top priority for these organizations. Regional Oil & Gas Practice Leader Luis Uriza warns executives against making quick, easy cuts and instead suggests they take a more holistic view of the company and its longer-term objectives. 

Read the related Bain Brief: Steering through the oil storm