Full Field Review

Conducting a full field review can offer several benefits for operators, investors, and stakeholders. This comprehensive evaluation of an oil or gas field allows for a more informed and strategic approach to reservoir management and development. Here are some of the key benefits of conducting a full field review:

1. Reservoir Characterization: Full field reviews provide a detailed understanding of the reservoir's characteristics, including porosity, permeability, pressure, and fluid properties. This information is crucial for planning and optimizing drilling and production operations.

2. Optimized Reservoir Management: A full field review provides a holistic understanding of the reservoir's geology, fluid properties, and production history. This information allows operators to make more informed decisions about reservoir management strategies, such as well placement, drilling techniques, and production optimization.

3. Improved Recovery Rates: By analyzing the entire field, you can identify areas with untapped potential or underperforming assets. This can lead to enhanced recovery rates and the extraction of a larger portion of the hydrocarbons in the reservoir.

COLOSSUS Solutions : Request For Services

Let us know today how we can support your technical team in resolving the challenges peculiar to your asset / region.

 

Request Type(*)

Consulting Services (Remotely)Consulting Services (In-House)Fill Technical Resources GapTechnology SelectionRequest for Proposal Invalid Input

Project Phase(*)

Select OneField Appraisal Conceptual DesignField DevelopmentAsset Management Improved Oil RecoveryEnhanced Oil RecoveryField Abandonment Invalid Input

Solution Needed

Please SelectProspect EvaluationReserves EstimationArea/Field Development PlanningFull Field ReviewCost/Economic ModelingDigital Oil FieldPRODUCTION SOLUTION--Integrated Asset Modeling--Artificial Lift Management--Fluid Characterization --Flow Assurance Support--Smart Well Modeling--Full Field OptimizationOther Invalid Input

Request Description(*)

Invalid Input

Full Name(*)

Please type your full name.

E-mail(*)

Invalid email address.

Contact Number(*)

Invalid Input

Next >

Briefly tell us about your company...

Company Name(*)

Invalid Input

Number of Employees(*)

Please Select1-2021-5051-100More than 100 Please tell us how big is your company.

Your Role(*)

Select One Technical Lead (Engineering)Technical Lead (Geosciences)Engineering ManagerGeoscience ManagerTechnology ManagerBD/Account ManagerExecutive (CEO, CTO...) Invalid Input

How should we contact you?

E-mailPhoneNewsletterWhatsapp

When would you like to be contacted?(*)

...

Please select a date when we should contact you.

Are you Human?(*)

Refresh

Invalid Input.

Don't get fooled by the Caps lock, not needed :)

PrevSubmit Reset

Other Field Review Benefits We Support

1. Cost Reduction: A full field review can help identify inefficiencies and areas for cost reduction. By optimizing production methods and infrastructure, operators can reduce operational expenses and increase profitability.

2. Risk Mitigation: A thorough review can help identify potential reservoir challenges and risks, such as reservoir heterogeneity, water influx, or pressure depletion. Understanding these risks allows operators to implement mitigation strategies and contingency plans.

3. Asset Valuation: For investors and stakeholders, a full field review can provide a more accurate valuation of oil and gas assets. It helps assess the potential return on investment, which is crucial for decision-making, acquisitions, or divestitures.

4. Long-Term Planning: A full field review assists in long-term planning by providing insights into the field's production potential and lifespan. This helps operators make informed decisions about infrastructure investments and asset development strategies.

5. Environmental and Regulatory Compliance: A comprehensive review ensures that operators are aware of and comply with environmental regulations and best practices. This is critical for maintaining a positive relationship with regulators and the community.

6. Sustainability and Environmental Impact: Operators can identify opportunities to minimize the environmental impact of operations and implement sustainable practices, such as reducing greenhouse gas emissions and water usage.

7. Data-Driven Decision-Making: A full field review is based on data and analysis, reducing the reliance on assumptions and guesswork. This data-driven approach leads to more effective decision-making and risk management.

8. Improved Safety: By thoroughly evaluating field operations, operators can identify safety concerns and implement measures to enhance the well-being of workers and minimize incidents.

9. Stakeholder Confidence: Investors, regulators, and the local community may have greater confidence in the operation's transparency and commitment to responsible resource development when a full field review is conducted and results are shared.

In summary, a full field review in the oil and gas industry offers numerous benefits, including optimized reservoir management, cost reduction, risk mitigation, and improved decision-making. It is a critical process for ensuring the efficient and responsible development of hydrocarbon resources.

Our Solution is a comprehensive multi-disciplinary integrated re-evaluation of all basic reservoir characterization data, dynamic reservoir and well performance data as well as relevant surface facilities pertaining to your oil or gas field, to maximize knowledge and understanding of the field.