- Subsea Field Development
- Swivel & Marine Systems
- Resource Library
Field development complexity in today's subsea industry is ever increasing; prospects tend to be smaller while located in deeper waters with deeper well targets, located farther from shore, and in colder regions. As a result, sanctioning projects in the current oil price environment is challenging and adopting efficient field development planning (FDP) processes is critical for project viability. This paper describes a fast-track, collaborative field development process to address these needs.
This fast-track field development process has been used with great success on numerous projects worldwide. The paper describes how the process integrates layout development and equipment selection with a fully integrated, holistic fluid flow simulation and establishes an excellent collaboration platform for the development team, fully enabling close interaction between teams that traditionally would not work closely together.
The paper demonstrates how experience gathered to date has clearly shown how the fully integrated approach to field development is crucial for the optimal development of the concept and how the result provides the highest return on investment.
Subsea production system and subsea umbilical, riser, and flowline specialists now work closely together with reservoir, production, and drilling engineers, ensuring the development of optimal solutions earlier in the FDP process and simultaneously enabling the teams to overcome the challenges that have previously been imposed by the segregation of different technical disciplines. The paper shows how key features of this process enable ultra-rapid scenario generation—a much shorter time from initial layout development to life-of-field production profiles—and how the process can be used to maximize overall economic performance for the project.