Concerns over innovation and updating technology
=Does an asset integrity follow Operator's end of well reports for research and to implement good outcomes in new drill activities?
Is the serious and constant threat of well sanding impact reserves estimates?
Does an asset integrity provided by the Government follow Operators End of Well Reports or these Balanced Reporting to push guidelines to be followed?
-used for example at predicting sanding zones.
What is the world oil scheme doing to promote new technology and innovation in drilling, completing and producing hydrocarbon wells?
The price of oil is expected to show have a direct show on the technology we use. eg. pdg downhole gauges. Tools that see into the wellbore provide important correlations that cannot be obtained or estimated from the surface.
Determining the best practice techniques is the direction to optimizing which is savings.
-Individual companies
-Oil producing countries
-Facilities Audit
-Consultants
-Protecting
-Monitoring
The decrease in oil prices is an opportunity to increase rate of return.
