Unfortunately, as they age, fields become increasingly difficult to operate economically due to pressure drawdown, low hydrocarbon saturation, high water-cut, corrosion of tubing and surface installations, sand influx, scaling, and costly IOR/EOR operations.
The advantage of mature fields however, is that they contain plenty of data (well logs, production, history-matched simulation models, etc.) which can be used for identification of opportunities.

KAREDA can be hired to act as the subsurface department of the client, thus the operator by signing a long term Integrated Asset Management contract will benefit from our knowledge, resources and focus on a daily basis.

Usually tasks undertaken can be any of the following and more:

• Reservoir Management
  • Will involve geological remodeling, production forecasting and pressure management

• Flow Assurance Management
• Field Re-Development
  • Identifying infill drilling spots
  • Proposing workover operations at existing wells (operations which will be designed entirely by us, upon expectations of the client
  • Selecting and implementing pumps and artificial lift systems
  • Planning, downscaling, upscaling of surface facilities
• Production System Performance Analysis (Well simulation flow)
• Surface Network Modelling
• Database updating
• Fluid allocation per well / sector / bloc
• Workflow optimization
• Due diligence and reserves reporting
• History matching
• Production log (PLT) analysis for petrophysical re-modeling purposes and production allocation
• Risk management
  • Identifying, assessing, and mitigating risks associated with asset operations, including risks related to safety, environmental impact, regulatory compliance, and market conditions.