BAKU, Azerbaijan, November 3. Baker Hughes has
launched its global Mature Assets Solutions (MAS) hub network to
help generate more value from mature fields, the company said on
November 3.
The company said that, according to industry forecasts, mature
fields will represent around 80% of global oil and gas production
by 2030.
"The connected network will extend across several key markets
for mature asset development, providing tailored technology and
digital solutions that help extend asset life, enhance production
efficiencies, and create responsible, economic opportunities for
retiring and repurposing oil and gas wells. The hub network
includes customer collaboration centers in the U.S., Brazil,
Norway, Angola, major energy hubs in the Middle East, and
Malaysia," said Baker Hughes.
MAS hubs serve as central locations where customers can
collaborate with Baker Hughes experts in subsurface, wellbore,
surface facilities and artificial intelligence to develop
integrated solutions aligned with their operational and economic
objectives. The connected hub network allows Baker Hughes to share
global expertise, technologies and approaches across regions,
applying insights from one basin to address customer challenges in
another.
Baker Hughes has a long history of delivering integrated
technology solutions in mature fields. The company recently began a
multi-year MAS project with Oil & Gas Development Company to
optimize production and recovery across more than 120 wells in
Pakistan’s mature oil and gas fields. In Kuwait, the company is
working with Kuwait Oil Company to optimize recovery through an
integrated polymer-flood pilot program across 11 wells. In Brazil,
Baker Hughes collaborated with Petrobras on an integrated workover
and well abandonment project. In the first year of the project,
Baker Hughes achieved subsea well abandonment times of less than 20
days, some of the fastest in Petrobras’ history.
