Technical Case Studies | Collaborative Dialogues | First-of-their-Kind Masterclasses
This year, a leading market intelligence firm interviewed 350 unconventional E&P operators to determine the US producers' greatest challenges and priorities at this point in time. And the uniform response was:
‘If we can reduce frequency of well failures and maximize uptime, that is what's most important to us.'
Well failures are keeping production teams up at night. It costs an operator a few thousand to a few million dollars to carry out a workover to repair a chemical-related well failure. While optimization is an overly used phrase, it is a loaded expression. It implies that the E&P's chemical spend is too high and needs to be brought down. What's important to note is:
- The cost of chemicals is between 20c and $1 per barrel
- Lifting costs are $21
- But, the average cost to repair a well failure is anywhere between $70,000 and $200,000 per well, and it can take up to three weeks for crews to get the well back up and running
Taking place on February 11 & 12, 2020 in Houston, Texas, Reducing Onshore Well Failures: Advanced Chemical Management 2020 will address the US onshore operator's most important production, operations and chemical-related challenges, focusing on metrics that matter the most right now – failure rates/frequency, downtime, production losses and total overall spend on wells – with strategies and opportunities to manage failures induced by Corrosion, Scale, Paraffin, Iron Sulfide and H2S.
With companies forced to be a lot more disciplined on how they manage their capital, looking at their financial performance and not just how much oil they are producing, maximizing profitability and return to production cost will be at the heart of all discussions.
100% driven by industry intelligence, the 2020 conference will look at a number of central themes, while expanding the envelope to include discussions in emerging areas for innovation and digital transformation. Participating individuals will be issued certificates of completions/attendance to earn CPD points
Agenda Themes at a Quick Glance:
- Corrosion Management
- Scale Inhibition
- Paraffin & Flow Assurance
- Iron Sulfide Remediation
- H2S Removal
- Chemical Automation
- Digitalization & Chemicals Management
- Failures on Facilities & Pipelines
Several successful corrosion and scale management programs are being piloted and implemented across the United States, with some of the world's most prolific operators coming together in Houston in February at Reducing Onshore Well Failures: Advanced Chemical Management 2020
to discuss what's working, what isn't working and what's working best – the contingent led by Noble Energy, ConocoPhillips, Oxy, Chevron Technology Ventures, Marathon Petroleum Corporation, Equinor, Murphy Oil Corporation, Apache Corporation, Neconde Energy Limited, Devon Energy, Sanchez Oil & Gas Corporation.
For more details and to register please visit the event website or reach out to us on firstname.lastname@example.org
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