With the demand for oil currenlly increasing by around one billion barrels per clay, operators must either maximise mature asset production or invest in new wells. However, whilst there are still regions that are rich in new reserves, it is both expensive and time consuming to drill new.' wells.There is also a requirement to invest in the necessary collection and distribution infrastructure to support further development and when combined with environmental factors and sensitivities, there is significant justification for operators to optimise production from mature assets to extract remaining reserves.
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