Production

Phase 4: Production

 

The production phase involves production of oil and gas and also water, in different proportions. Value creating factors in this phase are production well planning, maintaining the rate of production and maximizing the life of the accumulation by injecting gas or water into specifically designed injector wells to maintain the pressure.

 

The production phase includes production of oil and gas and water in different proportions. Value creating factors in this phase are production well planning maintaining the rate of production and maximizing the life of accumulation by maintaining the reservoir pressure.