Accessibility Links

New guidelines launched to boost North Sea Oil & Gas industry efficiency

19/07/2017
Like postLikeLabel * DEFAULT * en-GB

Follow

Industry body, Oil & Gas UK, has this week launched a set of new guidelines designed to boost production efficiency in the UK Continental Shelf.

The guidelines come in light of a sustained decline in levels of production efficiency (PE) over recent years. Between 2004 and 2012 UK Continental Shelf production efficiency fell from 80 percent to 60 percent.
The guidelines have been released following a sustained decline in levels of production efficiency over the last decade
Image via Wikipedia

The report, Guidelines to Maximise Compression System Efficiency, is focused on addressing gas compression losses, which have accounted for over 40 million boe (barrels of oil equivalent) in unplanned production losses in 2015 alone.

Several key recommendations for improving compression system performance are outlined in the report, including such areas as:
  • Compression system maintenance.
  • Integrity assurance.
  • Equipment and process condition monitoring.
  • Training and competency.

The report also suggests that companies should have a 'lessons learned' process to ensure the continual improvement of maintenance procedures.
Gas compression losses accounted for over 40 million boe in unplanned production losses in 2015 alone
Image via Flickr

Matt Nicol, Chairman of the Production Efficiency Task Force (PETF), the group that devised the report, commented on the guidelines:

“Since the establishment of the PETF in 2012, industry has improved for a fourth consecutive year and increased production efficiency from 60 percent to 73 percent in 2016.”

“Gas systems are a key priority for our group, having been identified as one of the largest sources of production loss. The Gas Compression Working Group, which produced this new guidance document, is made up of cross-industry expert volunteers who have worked together to share lessons learned and best practices.”

“We have made great progress but still have more to do to achieve the PETF’s 80 percent production efficiency target. I encourage all operators to utilise this gas compression best practice guide.”


Find out more about what the future holds for the North Sea Oil & Gas industry here.

Add new comment
*
*
*
By commenting on this blog you're agreeing to our terms of use

Comments left should relate to the subject of the above blog. Unfortunately job applications cannot be accepted here.

For job enquiries and applications please use our job search and for technical or account queries please contact us.
New guidelines launched to boost North Sea Oil & Gas industry efficiency - Time to read 2 min
Share this article
Like postLikeLabel * DEFAULT * en-GB

Follow

Back to Top

By clicking "Save" you consent to
receiving matching jobs based on the
job/page you are viewing by email from
Fircroft, as detailed in our privacy policy
Fircroft would like to keep you up to date with our current vacancies and latest company updates via email. Occasionally Fircrofts marketing may contain 3rd party or affiliate information, however we will not share your personal data with any 3rd parties without your consent. From time to time, we might contact you to get your views on the service you have received. To help you get the best out of Fircroft, we may personalise them based on your location and how you use fircroft.com
Fircroft would like to keep you up to date with the latest company updates and vacancies via SMS / Text messages
Your consent options above means that Fircroft cannot contact you about any new or alternative career vacancies. If you want Fircroft to only contact you about the role(s) you have applied for please continue, however if you would like to be considered for other positions please allow us to contact you by changing one or more of the above consent.