Mature assets solutions

A mature asset is an oil or gas accumulation past its production peak and experiencing production decline. These assets, often known as brownfields, have produced more than 50% of their probable reserves or have been in production for over 25 years. 

With growing global energy demand and shrinking supplies, mature assets are critical to ensuring secure, affordable, and sustainable energy supplies—but only with the right approach to extending their lifecycle and boosting production. 

MATURE ASSETS SOLUTIONS is a breakthrough business strategy from Baker Hughes that aims to make mature assets a profitable part of any oil and gas portfolio. By integrating deep expertise, efficient processes, and advanced technologies across the Baker Hughes portfolio, MATURE ASSSETS SOLUTIONS helps operators extend their asset lifecycles while battling costs and increasing sustainability. 

From production to decommissioning, MATURE ASSETS SOLUTIONS brings capacity, technology, and credibility to maximize any asset's value and performance potential.

With decades of field experience and industry-leading tools and services, we’re a one-stop shop that delivers:

• Deep reservoir understanding to quickly identify subsurface challenges and assess bypassed reserves.
• Operational efficiency, with the people, processes, and technologies to extend profitable production.
• Expertise to ease end-of-life transitions for cost-effective asset repurposing or decommissioning.
• Project partnerships through tailored commercial and execution models that de-risk projects and ensure success.

MATURE ASSETS SOLUTIONS helps minimize downtime and deferred production with smart intervention and diagnostics tools and services. Asset owners get the right subsurface insights and answers from our wide range of surveillance solutions that offer:

• Combined deployments in fewer runs and less diagnostics time.
• Flexible conveyance options including coil, E-line, and slickline.
• Real-time versus memory data logging and delivery for improved diagnostics de-risking.
• Remote operations for fewer personnel on board and lower emissions

Armed with this subsurface information, our intervention specialists recommend the optimal solutions—including well cleanout technologies, digitally directed smart downhole tools, integrity diagnostics, and milling services. As a result, operators can get wells back online more efficiently and sustainably to meet their production and revenue targets.

MATURE ASSETS SOLUTIONS leverages Baker Hughes Production Optimization solutions to help enhance well production with minimal downtime, costs, and emissions.  

Our subsurface-driven approach integrates unique, innovative stimulation and industry-leading production-enhancing solutions, including:

• Strong geoscience and petroleum engineering resources
• Multi-phase logging services
• Application-specific deployment methods
• Liquid-loading solutions
• Effective stimulation techniques
• Production chemical treatments
• Artificial lift modeling and deployment

Applying these solutions in conjunction with software like the Leucipa™ automated field production solution helps maintain or increase reservoir pressure. The result—increased field production with optimum return on investment and reduced carbon footprint.

Unwanted production of water, gas, and sand can curtail field productivity, drive up operating costs, damage equipment, and shorten asset lifespans. MATURE ASSETS SOLUTIONS gives operators holistic, manageable strategies to help them control these challenges, not just react to them.

Our solutions:

• Reduce operational and disposal costs by minimizing unwanted production at the source.
• Extend asset life through proactive protection of subsurface and surface infrastructure.
• Boost overall field productivity by stabilizing flow rates and reducing intervention frequency.

Technologies like flare.IQ also help reduce emissions from flaring, allowing operators to expand production from existing infrastructure while reducing the carbon intensity of each barrel produced.

Yes. Many mature fields hold untapped reserves that were previously out of reach due to technical or economic constraints. MATURE ASSETS SOLUTIONS uses advanced technologies and deep domain expertise to bring these resources back into play.

Our approach lets operators:

• Unlock new production zones using precision techniques like coiled tubing and thru-tubing rotary drilling.
• Make smarter drilling decisions with advanced logging interpretation and state-of-the-art formation evaluation.
• Maximize reservoir contact through optimized well placement, precise perforating, and modern completion services.
• Boost profitability with tailored, full-field development strategies and flexible commercial models.

Ultimately, operators can safely extract more value from their existing infrastructure, reduce the carbon intensity per barrel, and increase returns without the cost of new development.

Well abandonment is a necessary, and historically expensive, phase of the asset lifecycle. MATURE ASSETS SOLUTIONS has services and strategies to help abandonment become a managed, efficient, and secure operation that protects the asset owner’s bottom line and reputation.

MATURE ASSETS SOLUTIONS deliver:

• Comprehensive well-integrity evaluation to plan smarter and reduce risk.
• Rig, rigless, and riserless deployment options to suit any operational context and budget.
• Proven cut & pull and milling technologies that shorten campaign duration.
• Reliable barrier placement for long-term well security and regulatory compliance.
• Subsea tooling and wellhead removal services that streamline complex offshore operations.

Our project management and engineering teams orchestrate the entire campaign, ensuring compliance, minimizing environmental footprint, and delivering safe, cost-controlled outcomes from beginning to end.