Increase of oil production on non-profitable oil assets

The main tasks of the system work with marginal assets

the creation of a specialized organization capable of implementing the Projects for the efficient operation of marginal assets in practice
selection of participants in the service market, the choice of companies with competencies, innovative technologies, equipment, interested in participation and ready to share the risks of the Project
providing a comprehensive analysis of marginal assets, the development and implementation of a feasibility study and their effective development program using the principles of reengineering
attraction of direct investments in Projects

The main signs of marginal assets

Advanced watering of development facilities in relation to the degree of oil reserves
Decrease in the rate of selection from hard-to-recover oil reserves, indicating disconnection of active oil reserves
Drop in oil production at a rate exceeding the natural depletion of reserves
Unregulated increase in water-oil factor and increasing the flow of unprofitable production of wells
Low efficiency of geological and technical measures (GTM) and, as a result, a sharp reduction in the operating well stock
Current development status requires asset infrastructure reengineering.
High specific energy consumption for oil production
Dependence on the constant growth of the tariff for the purchase of electricity
Investment unattractiveness - PI less than 1.2; IRR less than 15%

MOTP Project Implementation Scenarios

Lease of the asset as a single administrative complex*
Purchase of an asset as a single administrative complex*
Allocation of an asset to a separate company and the creation of a joint venture with a subsoil user*
Providing services for the effective management of oil assets
Provision of services for the implementation of efficient engineering solutions, technologies and equipment under commercial concession agreements

* It is possible to create a pilot oil test site within an independent legal entity

Developed with L-Petro

Marginal Oil Assets Technology Platform