Middle East oil producers urged to go high-tech

The Middle East oil and gas producers could substantially boost production and reserves through investment in technologies designed to ‘digitise’ oilfields. According to BP subsurface manager in Abu Dhabi Peter Roberts any incremental increase through such technologies could be substantial.

“Sixty per cent of the world’s proven oil reserves are in the Middle East, amounting to 743 billion barrels. If you consider that a one per cent increase in reserves would amount to 7.4bn barrels, you can imagine what even a small increase through the deployment of digital field technology could mean for the region’s oil producers and for world markets.”
“The technology to do this already exists, and at BP we’ve developed a range of proprietary industry leading technologies that have allowed it to increase recovery factors throughout our global network of operations,” said Mr Roberts, who will be speaking about the oil and gas major’s experience in this area at the Intelligent Field Development Conference being held in Abu Dhabi.

At the conference, Roberts will present BP’s Advanced Collaborative Environments (ACE) strategic programme for the global implementation of real time production and drilling operations support environments.

Gulf Daily News