Description
North Africa holds the majority of Africa s oil reserves, yet many fields have not been exploited to their full potential.
The region seems to have lagged behind in terms of technology when compared with other oil producing areas across the globe. While ESP, artificial lift and sucker rod pumps are some of the most prevalent methods in oil production in North Africa, there is a huge potential for a large number of wells to improve operations and significantly enhance the rate of recovery. Applications in well testing and diagnosis tools combined with real-time optimization and reservoir analysis software can go a long way to improve underperforming wells.
The current sensitivity to oil price fluctuations is driving the initiative to expand output capacity of oilfields. The energy industry now faces the challenge of successfully tapping into the region s vast reserves to maximize recovery through the effective application of production technologies and EOR strategies.
Leading from the success of the Production Optimization conferences in Kuwait and Abu Dhabi, IQPC is pleased to introduce Production Optimization North Africa 2010. This exclusive interactive forum will offer a platform for industry leaders to discuss the latest challenges, strategies and solutions associated with maximizing petroleum extraction.