Aberdeen (PRWEB UK) 18 August 2015
During low oil prices the offshore industry faces bigger economic challenges when improving production optimization from existing assets in mature basins like the North Sea.
To help solve some of these challenges, The Industry Technology Facilitator (ITF) and Offshore Network have partnered to deliver the 2nd Offshore Production Optimisation Conference on December 2-3 in Aberdeen. The meeting will give you the opportunity to:
- Hear how Wintershall and OMV Petrom are continuing to deliver economical marginal field developments during low oil prices to benefit from their experience
- Review 15 years’ worth of production data from McKinsey & Company to understand how to continue to enhance production whilst reducing costs
- See how DEA UK built a new loss reporting strategy from a blank canvas to a working solution and how your company could benefit from a similar approach
- Listen to case studies from Repsol to see how they are improving production and increasing recovery from subsea wells as well as investing in R&D to optimise production
Download the brochure for this year’s conference at http://tinyurl.com/q2ytszp
While industry is tackling challenges including low oil prices, rising costs and a plateau in production, there is still an estimated 23billion barrels of oil and gas equivalent that remain to be extracted from the UKCS – what is your company doing to tap into this?
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: firstname.lastname@example.org