Day 1 Tue, March 25, 2014 2014
DOI: 10.2118/168231-ms
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Evolution of Coiled Tubing Industry in Offshore Mexico over the Last Decade

Abstract: Since its initial discovery in 1975, Offshore Mexico has been the most important oil producing region in the country, with production peaking at 2.8 MBOPD in 2003. However, since 2004, production has been quickly dropping and showing signs of field maturity; current production rate is at 1.8 MBOPD. Coiled tubing (CT) intervention had been typically required to keep production rates steady or even achieve improvement. In 2003, the operator and CT service provider formed a joint venture to put efforts to enable … Show more

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