In recent years, seismic shifts in the North American energy markets have forced many energy firms to review their business models. In late 2014 and early 2015, a plunge in the price of crude oil added to the pressure created by an abundant supply of natural gas. Divesting assets continues to be a popular activity among traditional oil and gas firms.

Today's narrower profit margins mean firms must operate as efficiently as possible across the entire value chain and keep a tight grip on their