Help To Extend Design Life of Production Facilities
William Furlow, Society of Petroleum Engineers
Oil & Gas Facilities - August 2015
It would be an oversimplification to say that during the initial push to deep water in the mid-1990s, no one knew how long these fields would produce. Armed with 20 years’ worth of hindsight and steadily advancing technology, it is clear that many of these early discoveries will produce beyond their anticipated design life. This is especially true in a low-priced oil market. It makes sense to keep a known producer producing, as opposed to taking on the cost and risk associated with new exploration and development.
Kent Longridge, Chief Engineer at InterMoor was interviewed for this article which covers mooring integrity and mooring repair plans.
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Oil and Gas Facilities is a publication of the Society of Petroleum Engineers (SPE)