Oil fields production decline is generally inevitable. However good well, reservoir and facility management (WRFM) culture lengthens fields production plateau and reduces fields production decline thereby increasing ultimate recovery.
The importance of best WRFM practices In mature field cases cannot be overemphasized. It is therefore imperative to integrate WRFM best practices into every phase of field development life cycle and seek for ways to further improve the practices.
This workshop promises to bring to bear innovative ways to minimize oil and gas fields production decline and maximize oil production from existing assets.
It will discuss emerging WRFM concepts in the E&P industry involving fit-for-purpose and cutting edge technology, which helps integrated field optimization.