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Month: March 2018

Highly cost-effective workover option for marginal wells

In the anticipated lower-for-longer oil price climate following the downturn, one challenge for asset teams is to justify the investment of bringing in extensive dedicated intervention equipment to perform a workover on marginal wells. For example, coiled tubing units allow workovers on an underperforming well while still producing, the ongoing production plus the resulting uplift … Continue reading “Highly cost-effective workover option for marginal wells”