Case Study
TransCoil ESP system extended life of mature deepwater field
TransCoil ESP system extended life of mature deepwater field Challenges • Inadequate reservoir pressure to drive natural flow • High rig-based intervention costs • 6,500 ft water depth • 5,518 ft ESP setting depth Results • Brought 2,300 BFPD back on production after being offline for 18 months • Reduced workover costs more than 50% or $11 million USD • Improved total production by 637 BFPD • Boosted oil production by 127 BOPD • Increased revenue more than $6,300 USD per day (based on $50 USD oil price) An operator was looking for an economic intervention solution to stabilize production and handle increasing water production in a mature field offshore Malaysia. Rig-based workovers in the field located in 6,500 ft (1981 m) of water cost as m