Technical Excellence
As the oil and gas industry progressively growing towards a more sustainable future, the production efficiency should be properly adjusted for maximum yield while complying with more sustainable methods. Petroleum companies across the globe are starting to recognize the need for action on sustainability and working towards delivering net-zero ambition aligned with the Paris Agreement for zero-carbon emission by 2030. Contributing to the sustainable development goals requires innovations of operation and across the supply chain in the industry and while fulfilling such goals, RiseHill Team is highly equipped with technical knowledge to assist you by providing top-notch industrially proven solutions for any challenges faced by your company.
Incorporating machine learning and artificial intelligence into the oil and gas industry can enhance company production in various ways. This remarkable technology marks a good start to prepare one’s company to be more digital-centric. Problems ranging from data handling to production prediction can be easily tackled using the power of machine learning and further enhancement of this technology may bring a new application of machine learning to the table. By utilizing the robust power of machine learning and artificial intelligence for the oil and gas industry application, our experts can assist your company to solve various challenges with low cost and high confidence levels.
1. Field Development Planning
- To propose proven workable workflows and procedures together with the required milestone reviews and decision gates in preparation and formulation
- To formulate FDP Technical Review Procedures and decision gates with the following scope and objective:
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Fit-for-Purpose Techno-commercial Review
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Act as Project Facilitator and Enabler
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Assuring Project Governance and Compliance
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Ensure Capturing the Field full Opportunities throughout the lifecycle
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- To provide customized KPIs, monitoring tools and decision trees in managing the FDP techno-commercial uncertainties and risks with reliable execution/operation strategies and mitigation plans to assure smooth moving from planning to value creation.
2. Brownfield Redevelopment and IOR/EOR Roadmap
- To propose practical techniques for Mature Field Life extension having lower cost and higher recovery the Oil/Gas Field Develop ment Plans
- To propose approaches on IOR/EOR study/ implementation matrix, opportunity framing and screening studies for all the candidate fields to prescribe the right customized project plan and scope for each field.
- To propose cost-value balance and step-by-step value improving plans from maturing the healthy development toward IOR and later right EOR strategies based on the value creation matrix of the field
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To formulate the company, drive and appetite on EOR based on profitability and Risehill Energy considering the technology gaps, project cost and oil price.
- To propose ways to close the technical and technology gaps for various identified EOR processes from R&D scope to pilot and field application.
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To formulate the company, drive and appetite on EOR based on profitability and Risehill Energy considering the technology gaps, project cost and oil price.
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To propose ways to close the technical and technology gaps for various identified EOR processes from R&D scope to pilot and field application.
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To study the field performance and the drive mechanisms and proposed reliable further development activities and plans in the full field lifecycle considering the full usage of any potential synergies and clustering opportunities and values.
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To consult on project implementation and execution stages and operation and production phases to assure the success of the project
3. Early Field Development (EFD) and Early Production System (EPS)
- To propose proven strategies for accelerating and enhancing value creation and return in the producing and mature fields
- To provide cost effective solutions in development expansion and production enhancement as well as debot tlenecking and increasing the topside/facility capacities via Extension-Expansion-Tie in (EET) Concept.
- The method is based on innovative solutions tied to the effective technologies such as Leased MOPU, FSO/FPSO, Subsea concept, flexible riser and pipeline, lightweight structure, fir-for-purpose and cheap wells, ham mering bird concept, etc.
- To provide workable partnership set-up (from study to development and operation) to apply the proposed concept with almost 30% of the time required compared to the normal field development schedule.
4. Field/ Reservoir Management/Surveillance Solutions
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To propose workable framework, best practices and guideline on reservoir surveillance and management strategies throughout the field lifecycle.
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To provide methodologies for maximizing the value of the company’s resources through enhancing the recovery, optimizing the production and reducing the uncertainties and cost.
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To propose a quantitative monitoring tool and KPIs to ensure the operational compliance and assess the field/operation performance, effectiveness of the RMSP implementation across the fields in the country against the set standards and benchmarks.
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To prepare sets of proven standards, benchmarks and guidelines on various field development and reservoir management related corners to complement the monitoring tools and targeted KPIs.