What’s in the Margin? Rising to the Challenge of Developing Marginal Reserves
David Kemp, Senior Controls and Instruments Engineer, Serica Energy
Abstract:
Marginal fields are, as the name suggests, marginal. By definition, the economics of development are not compelling, often requiring creativity, cost optimisation and above average connected volumes, well productivity and realised commodity prices to be successful. So, why bother with them? Reasons include the view of profitability that different companies see in particular assets and Government initiatives to maximise recovery of resources, but there are other benefits that we should be considering and these will be discussed during this presentation, along with Serica’s recent experience with the Columbus development.
Biography:
David has over 10 years’ experience in the oil and gas industry after joining BP as an Instrument Engineer in 2001. He has held a variety of engineering positions, working in refining, chemicals, Pipelines, Terminals, and Offshore. Prior to joining Serica, David held the position of Engineering Team Leader for the Sullom Voe oil Terminal. He is now senior controls and instrument engineer for Serica.
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