CHALLENGE Optimize lifting costs and extend ESP run life to improve economics of production for a mature field in the central North Sea. SOLUTION ¦ Monitor downhole data from REDA* Maximus* ESP systems installed in several wells, using Lift IQ* production life cycle management service. ¦ Use DesignRite* artificial lift design and optimization software to analyze the data and recommend optimal ESP operating parameters. RESULTS Reduced ESP electricity consumption by 124 kW across 12 wells and lowered downhole motor stresses and temperature, extending run life. Mature field’s economics require optimization of lifting costs An oil field in the central North Sea has been a key producer in that sector for decades. Oil is brought to surface with the help of electric submersible pu

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