S&C was both a sponsor and a presenter at the Society of Petroleum Engineers (SPE) Mature Field Management as the Key for Production Optimization Workshop held April 6-7, 2016, in Comodoro Rivadavia, Argentina.
Our presentation “Predictive Analytics for ESP Optimization” presented a case study of how OptiRamp technology is being applied to an oil field with over 1800 wells and was delivered in both English and Spanish during the “Mature Field Management: Efficiency and Cost Control” session. This session, the goal of which was to present scenarios and known practices for optimizing costs and ensuring operational efficiency, addressed issues such as evaluating lifting costs, artificial lift processes and equipment, the impact of oil prices on operations, and economic evaluation/risk assessment.