An oil and gas expert will speak about the implications of formation damage in well performance, field life and value at an industry event in Aberdeen this week.
extending field life
Chinese oil giant Sinopec has announced plans to buy nearly half of the UK North Sea business of Canadian oil firm Talisman.
Extending field life will keep oil and gas the dominant driver of the southern North Sea but the region also has first-mover advantage in decommissioning and offshore wind, the EEEGR conference heard yesterday.
THERE has been a swing in the weather vane of UK North Sea platform fabrication - and it is starting to show.
Electric submersible pumps (ESPs) located in production riser pipes as opposed to deep underground in wellbores offers a cost-effective means of extending field life, says Centrilift.