Definition of the Day – Oil & Gas Life Cycle “Production”

PRODUCTION phase is targeted at bringing the well fluids to the surface and preparing them for use in refinery or processing plant. All production and maintenance activities would be carried out to meet strict safety and environmental policies and procedures . The main activities in this phase are as follows:

  • Regulate production and injection to meet approved plans for the quantity and quality of product.
  • Monitor and record all information to manage the reservoir, wells and facilities.  This could lead to further reservoir development or modifications to the facilities
  • Plan and schedule all production and maintenance activities to minimize production deferment and operating costs
  • Carry out maintenance to safeguard the technical integrity of all wells and facilities and ensure their availability over the life of the field.

Production