ABERDEEN, UK – Oil and Gas UK (OGUK) has unveiled a new tool designed to help operators and licensees re-evaluate methods to improve recovery from North Sea oil and gas assets.
The tool provides a detailed pathway for identifying opportunities to learn from industry practice.
An industry task group, supporting the Oil and Gas Authority’s Asset Stewardship Task Force, created the Reserves Progression self-verification check list tool, with the ultimate goal of extending the productive life of the UK continental shelf (UKCS).
Katy Heidenreich, co-chair of the task group, said: “Current data shows there are over 2 Bboe in near-field opportunities that could potentially be unlocked through the promotion of good practice and innovation.
“Many of these opportunities may be marginal, technically difficult and geologically complex; this tool gives industry a consistent, integrated and systematic approach to progressing these resources and reserves.
“Improving our stewardship of these assets and collectively finding ways to increase the UKCS recovery factor from 43% means there’s an opportunity to add many millions of extra barrels of vital production using our existing infrastructure.”
Fellow co-chair Tony McGarva added: “Companies can use the Reserves Progression checklist to identify, review and re-evaluate the potential opportunities for increasing oil and gas recovery in all aspects of their activities including reservoir management, well and production systems, and reassess where processes could be refined to unlock otherwise undeveloped reserves.
“With industry experts collaborating to develop this tool, it’s designed to be easily incorporated into current processes so helping to drive continuous improvement in performance.”