A hydrocarbon field generally has a long life cycle: from the first discovery to appraisal, development, production and abandonment. Exploitation of hydrocarbon reservoirs necessitates field development planning based on geological and reservoir evaluation as well as economic analysis. Uncertainties and risks should be identified and reflected in the development.
To maximise field recovery, it is essential to continuously monitor, evaluate and model the reservoir over the life of the field. These will often result in an updated and perhaps a modified understanding of reservoir characteristics. Modifications in the field development is often necessary, to reflect these changes and implement the optimum strategies based on updated knowledge.
OPES has the experience of carrying out field life studies of different scales. Our competent team of geoscientists and engineers work closely together to identify risks and challenges. We provide our clients with the appropriate solutions often based on proven and reliable techniques to ensure a sustainable long term development which optimizes the economics.