DeclineShift Solution Increased Production in Mature Field by 300%, Lowered Costs by 57%, Reduced Decline Rates

Location: Latin America

Production from an 80-year-old field was declining by 6% monthly, and new development wells were costly. Previous attempts to revitalize the field had not yielded significant improvement, primarily because of the field’s many challenges. This field is one of the most complex fields in the world.
 
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DeclineShift Mature Asset Solution

Each DeclineShift™ mature asset solution delivers efficient use of capital, increased production, and prolonged economic recovery.

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