16th August 2016
There are many angles to be considered when describing a field as mature. An oil field can be considered as mature when its production rate has significantly declined and/ or when it is close to reaching its economic limit. A field might also be considered mature when it has been in production for many years and has depleted its primary and secondary recovery. Consequently, facilities and technology at mature fields could be old. However, far from being diminishing assets, these mature fields offer one of our most important opportunities to extract further oil and gas resources to meet future energy demands.
GCA recognises through direct and extensive experience the typical needs of mature fields and the significance of fit for purpose models and technically appropriate solutions for such fields.
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