Production efficiency is a key focus area for the Maximising Economic Recovery (MER) UK Asset Stewardship Board.
The results of the production efficiency survey indicate sustained production performance improvement on the UK Continental Shelf (UKCS) with an average production efficiency of 71% across the industry.
Further focus on efficiency, continuous improvement and collaboration across the industry is required if the UKCS is to come close to achieving the shared industry and OGA target of 80% PE by the end of 2016.
UKCS Production Efficiency
UKCS Production EfficiencyDownload PDF | 966KB | 18 pages