The UK Oil and Gas Industry Association (OGUK) has launched a new industry tool to help enhance recovery from existing oil and gas assets in the North Sea.
The Reserves Progression self-verification checklist tool has been developed by a group supporting the Oil and Gas Authority (OGA’s) Assets Stewardship Task Force. OGUK said the tool will help companies identify and share best practice and information.
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The tool intends to provide operators and licensees with a framework to re-evaluate methods to improve recovery from existing North Sea fields and expand the productive life of the UK Continental Shelf.
The Reserves Progression Task Group co-chair Katy Heidenreich said: “Current data shows there are over two billion barrels of oil equivalent (boe) in near-field opportunities that could potentially be unlocked through the promotion of good practice and innovation.
“Many of these opportunities may be marginal, technically difficult and geologically complex; this tool gives industry a consistent, integrated and systematic approach to progressing these resources and reserves.
“Improving our stewardship of these assets and collectively finding ways to increase the UKCS recovery factor from 43% means there’s an opportunity to add many millions of extra barrels of vital production using our existing infrastructure.”
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By GlobalDataThe tool is in the form of a checklist in an Excel workbook. A communications pack is also provided to aid in the understanding of definitions, context and references.
Oil & Gas Authority co-chair of asset stewardship taskforce and area manager Central North Sea Scott Robertson said: “The tool incorporates good practices and leading behaviours, and operators will be able to use this tool to determine whether their organisations, processes, and procedures are set up to deliver oil and gas opportunities consistent with those operators who already do it well.”
