Aberdeen, United Kingdom (PRWEB UK) 7 July 2014
The North Sea is commonly referred to as a mature basin and one of the characteristics that comes with this, is that the challenge to recover hydrocarbons gets bigger while the prizes become smaller. The last barrel of oil is the hardest to produce and takes a huge amount of focus, energy, commitment, vision and technical expertise to guarantee success.
As maximising economic recovery and enhancing production is critical for the future of the North Sea, it’s important to note that some 30% of wells with artificial lift have undiagnosed production losses which offers tremendous opportunities for optimisation.
Artificial Lift Performance and Offshore Network have developed a 19-page whitepaper which discusses artificial lift best practice approaches which will help industry to:
- Identify the parameters and technique that should be the starting point in attempting to understand well performance in all artificially lifted wells to ensure production efficiency
- Take a ‘holistic’ approach to the design, performance monitoring and failure analysis of an ESP as a system
- Understand the importance of reviewing present and past performance of ESPs to quickly identify and analyse any change in performance
The 19-page whitepaper is available at http://bit.ly/ArtificialLiftPR.
About Offshore Network
Offshore Network is an independent provider of business intelligence for the offshore oil & gas community. With over 12 years of experience in developing market leading business intelligence, we offer a high level, bespoke information service to our community that is high value and influential.
Contact: Dean Murphy, Director, Offshore Network. Email: dmurphy(at)offsnet(dot)com