Product management for oilfield services is a crucial role that involves managing the entire lifecycle of a product, from conception to retirement. Product managers in the oil and gas industry are responsible for ensuring that products meet customer needs while also adhering to regulatory compliance and industry standards. Product development Working with engineers and designers to ensure that the product meets customer needs and aligns with the company's goals. Market research Conducting market research to identify customer preferences and ensure the product is priced appropriately. Launch and post-launch management Collecting feedback from customers, analyzing sales data, and making ongoing improvements to the product. Marketing and sales strategy Developing a marketing and sales strategy to promote the product and generate interest among potential customers. Collaboration Working closely with cross-functional teams to ensure that the products meet the customer's needs. Strategic decision making Analyzing market trends and making strategic decisions based on that information.