The dilemma of asset-intensive vs. asset-light strategies and operations continues to pose challenges to oil and gas companies in finding the optimal path to grow shareholder value. The move by major integrated players to rely on other participants for much of the operations of key value chain activities-—e.g., field services, pipeline operations, and retail outlet operations-—is changing their business models to become more like oil and gas investors than ever before. The continued rise and consolidation among value chain specialists are also changing value flows among industry participants. We help clients solve their near-term operational challenges, and develop customer- and value-driven strategies to evolve their businesses in today's changing oil and gas industry. We work with