Production Optimization
Production Optimization is a fundamental practice to ensure recovery of developed reserves while maximizing returns. With the application of industry best practices. We recognize the value of a sustained optimization approach. Making this a permanent process within a client’s organization to maintains an effective, continuous improvement approach, ensuring our clients leave no hidden, future low-cost-per-barrel opportunities.
we guide our clients through the production optimization process, and we provide recommendations designed to enhance the production – from asset screening through to results and recommendation.
Production Optimization, along with wells, reservoirs and facilities management, is a fundamental practice to ensure recovery of developed reserves while maximizing returns.
We are in an era of depleting oil and gas reservoirs; reservoir management and monitoring are a critical tool to enhance-extend the life of mature fields or ensure optimal recovery from new fields.
Whether your focus is on optimizing initial field development, or maximizing the long- term recovery of the field, we can guide you in identifying new opportunities and making decisions that meet your business interests.
We typically conduct the following activities in order to develop fit for purpose solutions, addressing production operations concerns and unlocking reservoirs potential
Our focus is on the identification of methodologies and workflows to enhance production and maximize recovery. Our approach commonly includes quickly analysing available data, and jointly getting an understanding of the root cause of any issues which are typically related to,
completion design, well modelling and performance, tubing stress analysis, Tubing Sizing, Well Integrity, Well and Reservoir Surveillance / Visualization (OFM), Integrated Production System Modelling, Production Optimization / Operations / Chemistry, Artificial Lift, Perforating, (Re)Stimulation, Downhole Sand Control, Integrated Sand Management, Commercial , Economics and Risk Assessment.
Together with your team, we could conduct brainstorm sessions to resolve specific challenges and come up with safe, economic and sustainable development options. With the right data we are confident in finding a suitable way forward and help with the safe and efficient implementation of suitable solutions to reactivate wells and significantly reduce costs and effectively increase production.
Existing oil and gas assets are maturing and it is becoming increasingly challenging to locate more exploitable hydrocarbon reserves. This means that cost-effective and innovative methods need to be applied to ensure the maximum volume of hydrocarbons is recovered from mature assets.
With field studies, we apply advanced testing, engineering and integrate laboratory data to develop a comprehensive analysis and select the most suitable IOR/EOR methods to your reservoir (e.g. waterflooding, gas injection, chemical EOR, thermal EOR, gas EOR).
Our IOR/EOR workflow typically covers the following elements: