Page 23: of Offshore Engineer Magazine (Aug/Sep 2015)

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Robert Keith, Principle develop, and the price of oil that would justify the expense of

Consultant, R.J. Keith & developing those ? elds is not there right now.

The intervention market

Associates: has opportunities to demonstrate its OE: What new innovations will the industry will see in the value to operators, subsea intervention market in next few especially in this years?

Colin: ‘depressed’ climate, People expect major shifts when it by maintaining, and comes to innovations. However, the best inno- possibly increasing vations are generally improvements over exist- production on ing methods in relatively small increments.

OE’s Deepwater applicable wells. The current market place will see increased

Intervention Forum will be

Challenges and opportunities: emphasis on the ef? ciency side rather than any held this 11-13 August 2015,

Rob Hill, Technical major technology developments.

at the Galveston Island

Sales Business

Developments relating to eliminating

Convention Center. For personnel from the working area in relation

Development more information, please to riser and well service equipment will be

Manager, Aker

Deepwater visit: www.deepwaterinter- an important step as will improvements to

Solutions: vention.com.

Operators are equipment handling, minimizing crane opera- focused on ways tions, increasing dual activity emphasis and to increase the return on investment speeding up the capability for service change out. Overall, the

Intervention of their existing wells in the current ef? ciency with which dedicated systems (vessels and services) market conditions. For example, some conduct their business is the priority to put increasing distance operators in the Norwegian Continental Shelf have proven that between their operations and drilling rigs and is the key area for a scheduled intervention program can pay huge dividends. development in my opinion.

They have already invested large sums in infrastructure so With regards to a longer timeframe step change in the industry, it makes sense to use intervention programs to increase the however, I would keep an eye on open water coiled tubing and recovery rates on those existing ? elds. New plays are deeper associated subsea injector head. If this challenge can be cracked and farther from the shore so they are far more expensive to then full well servicing can take place without a riser, this truly 25 oedigital.com August 2015 | OE 024_OE0815_Feat1.indd 25 7/21/15 6:00 PM