(PRWEB UK) 28 July 2014
The North Sea is a mature basin and the challenges surrounding hydrocarbon recovery and production operations are getting bigger while the prizes are becoming smaller. The Offshore Production Optimisation Conference (OPO 2014) will provide a platform for collaboration to discuss best practice approaches and ways to optimise production from the region’s offshore fields.
Neil McCulloch from EnQuest will join other leading oil and gas experts to discuss the pressing issues surrounding production optimisation, and how the offshore sector can improve production and maximise North Sea recovery by assessing the 'size of the prize' and optimising current strategies.
Through more than 30 hours of primary research, Offshore Network uncovered the highest priority issues impacting production enhancement and optimisation programmes in the North Sea. This year's conference will not only bring together leading UKCS stakeholders, but international experience and updates on production projects from across the whole of the North Sea.
For more information on the meeting and to join the discussions, go to http://bit.ly/OPO2014-PR
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.
EnQuest is the largest UK independent producer in the UK North Sea. EnQuest PLC trades on both the London Stock Exchange and the NASDAQ OMX Stockholm. It is a constituent of the FTSE 250 index. Its operated assets include the Thistle, Deveron, Heather, Broom, West Don, Don Southwest, Conrie, Kittiwake, Mallard, Gadwall, Goosander and Grouse producing fields and the Alma/Galia and Kraken developments; EnQuest also has an interest in the non-operated Alba producing oil field. EnQuest had 31 UK production licences at the start of 2014. This increases to 37 production licences, with the inclusion of the assets from the acquisition of the Greater Kittiwake Area which completed in Q1 2014, and the Don North East area licence which was offered ‘out of round’ to EnQuest in Q1 2014; these licences cover 47 blocks or part blocks in the UKCS, 30 of the licences are operated by EnQuest.
EnQuest believes that the UKCS represents a significant hydrocarbon basin in a low risk region, which continues to benefit from an extensive installed infrastructure base and skilled labour. EnQuest believes that its assets offer material organic growth opportunities, driven by exploitation of current infrastructure on the UKCS and the development of low risk near field opportunities.
For further information on the conference, please contact:
Dean Murphy, Director, Offshore Network. Email: dmurphy(at)offsnet(dot)com