A numerical method to optimize use of existing assets in offshore natural gas and oil field developments

摘要

Advancements in drilling capabilities and the need to reduce the capital costs of field developments have led to increased interest in the exploitation of existing platforms to drill new wells. Although maximizing the use of existing assets is often advantageous as they offset the high cost of installing new facilities, employing these existing structures is not always feasible because of their limited size capacity, distance from well targets and aging structure. Therefore, a balance has to be achieved between using the available existing platforms or installing new facilities.