Extending the Life (and Reserves) of PDP Wells
What if you could get more from your existing wells?
Each year your reserves are re-evaluated and updated based upon the actions from the previous year. Though the production forecast for your existing wells are confirmed by this year’s data, plans change and so do operational circumstances.
Capitalize more on what you have by extending the life of your wells with suggestions from our helpful whitepaper. Are the added reserves always PDP? Hint: They aren’t.
Rod Sidle, Oil and Gas consultant explores some ways to extend the life of your reserves in our white paper:
- Using Economic Limits to extend the life of your PDP wells when reforecasting.
- Extending your license agreement to add to your to production forecast.
- Considering oil-water separation equipment that can treat higher water cut production.
- For gas production, blending new well production with older production.