Mature Field Management
Mature fields represent one of the largest remaining resources globally, but, in many cases, they have not received the attention and technology focus of operators that may have more attractive opportunities in their portfolios. Once mature fields’ concessions have expired, the international oil companies (IOCs) that developed and operated them often transfer the fields back to the management of national oil companies (NOCs).
Mature fields commonly benefit from an integrated management approach that involves updating the reservoir/network models, identifying quick wins, developing bypassed reserves, and adopting a more rigorous reservoir and production management process. Under a broad range of business models, our team collaborates with you to develop appropriate integrated management approaches for these mature fields.