More than half of the total oil resources remains to be produced and could provide the basis for another 50 years of oil production. Even though the potential for future value creation from the remaining oil resources is great, it will require dedication and rethinking from all involved parties to realise this potential.
For offshore oil and gas fields, well intervention and drilling sidetracks are methods to increase the oil production from existing wells. FMC Technologies has developed technologies and methods to meet the challenges related to increased oil recovery from subsea wells. These solutions include: Riserless Light Well Intervention (RLWI), Subsea Processing and Through Tubing Rotary Drilling (TTRD).
Riserless Light Well Intervention (RLWI) operations are normally carried out from a dynamically positioned purposebuilt intervention vessel to perform the following operations: logging, gauging, plugging, re-perforating and various downhole mechanical works to reduce flow restrictions.
Reducing the cost of such operations is the principal driving force behind the development of the RLWI technology. FMC’s RLWI technology will enable costeffective interventions operations in existing subsea wells which will result in additional production volumes from mature subsea fields at highly competitive break-even costs for the incremental volumes of oil.