Subsea advances in prospect

05/14/2007
An array of new technologies either commercial or nearly commercial is set to improve recovery from fields with subsea-completed wells.The recent Offshore Technology Conference highlighted several technologies, including those for lowering subsea drilling and operations costs as well as those for subsea processing, multiphase boosting, and wet-gas compression.StatoilStatoil ASA has several initiatives for improving oil recovery from subsea-completed fields. Statoil’s average recovery from these fields is 45.1%, but presentations at OTC said the company aims to increase this by 10% to move closer to the 60% recovery factor for its fields completed with dry-tree wells off platforms.On...
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