Mature fields

Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
At the inaugural SPE/ICoTA Asia Pacific Well Intervention and P&A Conference and Exhibition in Kuala Lumpur, industry leaders highlighted how high-fidelity well data, real-time diagnostics, and predictive technologies are reshaping intervention planning and execution to improve well performance, reduce risk, and optimize late-life asset management.

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