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Mature Field Production Enhancement Contract ... - Petroleumclub.ro

Mature Field Production Enhancement Contract ... - Petroleumclub.ro

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<st<strong>ro</strong>ng>Mature</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>Field</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>P<strong>ro</strong>duction</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>Enhancement</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>Contract</st<strong>ro</strong>ng> Concept• Key Challenges• Maturity of <st<strong>ro</strong>ng>Field</st<strong>ro</strong>ng> and Facilities• Minimizing the p<strong>ro</strong>duction decline in depleted reservoirs• Indentifying behind pipe opportunities• Capital investment needed, particularly in Well workovers• Work practices and aging workforce- imp<strong>ro</strong>ving personnel performance• Achieving a Return on Investment for all parties• Adding Value and Cost Cont<strong>ro</strong>lRomanian Upstream Conference 201124 March 2011

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