Every Drop Counts: How To Increase Production With Fewer Wells
In 2015’s climate of low oil prices and lean capex budgets, teams have come up against a hefty challenge: maintain company revenues with fewer wells in operation, says P2 Energy Solutions in its introduction to an on-demand webinar. This test can only be passed when production for these fewer wells is increased and held at the highest level possible. Production-impeding issues of any kind, therefore, need to be pinpointed and corrected quickly.
Grant Eggleton, P2 Vice President of Production Operations Solutions, addresses the importance of exception-based surveillance processes, which pinpoint production anomalies and alert teams to these issues in near real time.