Mature fields
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.
The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
-
This paper presents results from evaluating the rate of thermal energy that can be extracted under various completion scenarios in end-of-life oil and gas wells using a transient flow simulator. -
Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
-
Injecting gas plus water proved more effective and less costly than gas-only injection in the Bakken.
-
Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
-
The authors of this paper use a pattern-review technique in a complex brownfield as a tool to understand reservoir connectivity and dynamic fluid movements across the field.
-
How do you make new money from old offshore fields? The choice between investing in older assets or decommissioning them depends on oil and gas prices, the ingenuity of technical people, and the willingness of a company’s executives to hold on to older assets.
-
This paper provides a comprehensive study for offshore carbon-dioxide (CO2) storage projects, identifying critical elements for estimation, injection, containment, and monitoring of CO2 plumes.
-
Petronas and Pertamina share their technical approach in implementing and optimizing artificial lift using advanced technology and their vision for the future. Their experiences in dealing with operational challenges in a mature field highlight areas for improvement and innovation.
-
This paper provides an alternative solution to identifying, classifying, and vertically distributing fractures and a lateral distribution method for reservoir modeling.
-
The complete paper describes a tool developed to evaluate and characterize thin beds or laminations in a mature offshore field.
