Case Study

Late Life Asset Management

Late Life Asset Management

Pages 2 Pages

www.assetdev.com Overview As the client’s asset enters its late life phase a team was put together tasked with investigating, assessing and selecting various options aimed at reducing and containing operating costs with the goal of extending the life of field operation beyond the anticipated COP 2024. The asset had reached a point where cost reduction was necessary in order to return to profitability and encourage new investment. The

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