Thank you for attending the SPE Workshop.
The Oil and Gas industry is in a quickly changing economic environment that poses a challenge to maintaining integrity programs that are subject to being cut for cost savings. The ability to maintain Well Integrity to prescribed standards in a cost-effective manner is part of that challenge.
The challenges related to management of well integrity are considerable. Poorly maintained wells can be a potential threat to people and the environment. Any incident could have a significant cost impact. Operators are asked to weigh potential risks from low probability, but high consequence events with maintenance costs and production deferment. At a time when low profit margins means any downtime is bad news, has well integrity ever been more important?
This workshop addresses questions about maintaining Well Integrity in this low-price environment. It covers the current status of Well Integrity in the industry, such as regulations, standards, and operational practices. Real-world problems and remediation techniques with practical solutions are discussed. The workshop concludes with an informational session on new technologies and their uses for your well stock.