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Reduced production loss level by 3%, with a $16m reduction in asset-level OpEx at a mature oilfield with declining production

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Our client's new wells were CapEx-intensive, with low productivity and were in rapid decline. Thus, they were seeking to optimise their base production.

Partners in Performance was engaged to perform a diagnostic to asset level teams to identify a pipeline of opportunities that would reduce the production loss level.

Key deliverables

  • Assessed base production through the choke model and identified potential to reduce losses to <3%
  • Improved wiring, underlying processes and coached client’s teams to ensure improvements sustained