Decade-Long Modular Power Excellence For Offshore ESP Production
Decade-long Modular Power excellence for Offshore ESP production
- The Challenge
Declining platform power engines threatened production potential in anticipation of burgeoning oil prices
- The Solution
Engineered flexible modular power solution that maximised ESPs’ potential while harnessing Flare gas through production life cycle
- The Impact
Revenue maximisation through the most critical lifecycle stage with reliable and energy efficient power set-up
Client:Global Oilfield services provider
Location:Thailand
Sectors:Oil and Gas
The Challenge
Declining platform power engines threatened production potential in anticipation of burgeoning oil prices
Our customer, one of the world’s leading oil field services provider was contracted by a leading international oil company (IOC) customer for maintenance and production in one of their offshore blocks in Thailand.
Back in 2009, the O&G IOC team observed a stark decline in performance for its numerous platforms’ hull diesel engines, which were more than 30 years old. Aging diesel engines meant diminishing returns in the form of less efficient power which ultimately impacted their production rate. Man-hours and associated maintenance costs for the upkeep of the hull engines were adding and it was becoming increasingly uneconomical.
Furthermore, the platforms’ electric submersible pumps (ESP) will be pivotal in extending the life of their platforms in the coming years as it was anticipated that the wells will have insufficient energy to naturally produce at economic rates. Power is the bloodline of this core rig system and the entire platform.
With the absence of a reliable power source, production and revenue potential are at risk and unable to realise their full potential. How can the stakeholders get the power equation right in anticipation of the most crucial production lifecycle in the years to come?