When a field reaches peak production and becomes mature, keeping its production rate above the economic limit becomes challenging.
Excessive water production is prevalent in mature fields and can impact profitability. It is therefore important to understand what contributes to undesired water production.
Drilling technology improvements over the last few years are enabling operators to take a new look at mature fields as a source of incremental oil production.
A robust waterflooding plan for mature fields maximizes its profit potential, by minimizing capital and operational expenses whilst maximizing production.
There are numerous challenges involved with a well with sanding potential. These issues can also impact the sand production at various stages of production for a myriad of reasons.
One of the many challenges of mature fields is the ultimate necessity to plug and abandon wells due to depletion, watering out or mechanical failure. One of the key petroleum industry terms today is “barrier assurance”. Barrier assurance infers that there will be no leaks; either now or in the future. However, two conflicting scenarios present themselves at this point. The first is to create a...