Today more than 62% of the world’s production comes from mature assets, and this percentage is expected to grow to 77% by 2030. Our industry is increasingly relying on interventions to meet this demand. However, almost 35% of interventions don’t meet the objectives in terms of incremental barrels, primarily because of the reactive and siloed intervention approach used.

SLB production enhancement projects leverage SLB’s differentiated domain expertise, technology portfolio, and digital workflows to drive proactive intervention and stimulation solutions. This reduces the cost of the value chain, with a 30% lower cost per barrel and 33% lower carbon footprint per barrel as opposed to infill drilling.

In this SPE Tech Talk, SLB experts Paul Hultzsch and Dr. Ali Jama discuss how SLB production enhancement projects can help oil and gas operators increase their intervention success rate and maximize recovery from brownfields through advanced technical solutions and alignment of success criteria to achieve a win-win outcome.