Offshore Network have developed a whitepaper examining EnQuest and Wintershall’s production optimization strategies – http://bit.ly/optimisationwhitepaper. The free whitepaper has been created in the lead-up to the 2nd Offshore Production Optimization Conference which includes speakers from Nexen, Repsol, Wintershall, DEA, TAQA, OMV Petrom and more.

With oil prices taking a substantial hit as of late, industry is faced with even bigger challenges when looking to improve production rates and to maximize recovery. 2015 is expected to see the first annual increase in production on the UKCS in 15 years so it's clear that the efforts being made by industry to improve approaches are working but there's still much more to be done. EnQuest's President for the North Sea and Wintershall's Technical Director and Deputy Managing Director gave presentations on production efficiency challenges in the North Sea at the Offshore Production Optimization Conference in November 2014. This whitepaper reviews their approaches and includes:

A review of EnQuest’s production optimization model and how they developed a methodology to stabilize OPEX whilst simultaneously boosting brownfield production

A look at the late-life planning at Brage and the proposed activities Wintershall have in place to improve production from this asset

Future considerations and development plans for EnQuest and Wintershall within the North Sea and how collaborations with the oil and gas community should play a part in this

You can review the whitepaper at http://bit.ly/optimisationwhitepaper.