In his technical article, Speed: A matter of fine margins that appeared in the June 2018 issue of Valve World Americas, James Moir from PJ Valves explains how for early production facilities (EPFs), speed is everything.
He writes, “Every day of delayed production erodes profit and undermines the investment. If a typical EPF can boast production of 10,000 barrels of oil per day (bopd), then a week’s delay could easily equate to $600,000 of deferred revenue at $60 per barrel (/bbl). A month could defer more than $2.4m while incurring operational costs.”
To read the full article, please turn to page 9 in the June 2018 issue of Valve World Americas or contact Candace Allison, c.allison@kci-world.com for a PDF copy of the article.