Well integrity management is more than just about reducing the risk of uncontrolled leaks and complying with legislation and regulations. Production loss, shut-ins, expensive workovers and the impact on the bottom line should all be considered as an incentive in well integrity programmes.
Industry research indicates that a large number of wells globally are still affected by integrity problems. This situation can only get worse as wells age, and as more wells are drilled and operated in harsher environments. History shows in the current market condition well integrity needs to be of even higher important. If we look at the distribution of upstream losses in the 100 largest “losses list”, we can see that there was a significant frequency of losses either during or immediately after significant reductions in the crude oil price.
In our whitepaper you will:
- Learn why well integrity is of even more paramount importance, given the current market.
- Appreciate the positive benefits of a successful well integrity management system can have on your organisation.
- Gain insight into the implementation of successful well integrity management programme, a critical and evolving theme across the industry.
- And the four steps that will lead you to successful Well Integrity Management.