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WRFM Value Loop: Maximizing Asset Value

📑 5 slides 👁 45 views 📅 3/6/2026 📄 PDF
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Introduction to WRFM & Value Loop

WRFM integrates reservoir, well, and facility management to maximize production and economic value.

Introduction to WRFM & Value Loop
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Six Core Stages of the Value Loop

  • Strategy: Defines long-term objectives like production targets and recovery goals.
  • Planning: Translates strategy into workover programs and surveillance campaigns.
  • Execution: Implements interventions like well workovers and lift adjustments.
  • Surveillance: Monitors production rates, water cut, and reservoir pressure.
Six Core Stages of the Value Loop
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Economic Impact of WRFM

  • A 3% performance boost in a 100,000 BOPD field yields ~$82M/year.
  • Reduces uncertainty and controls decline rates effectively.
  • Optimizes capital allocation and operational efficiency.
  • Aligns technical actions with measurable economic value.
Economic Impact of WRFM
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Integrated Asset Teams

  • Multidisciplinary teams include reservoir, production, and facilities engineers.
  • Ensures decisions are technically sound and economically justified.
  • Prevents silo optimization and aligns with corporate objectives.
  • Weekly reviews convert data into collective action.
Integrated Asset Teams
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Conclusion & Key Takeaways

  • WRFM transforms reservoir potential into sustained economic value.
  • The Value Loop is a continuous cycle of improvement and optimization.
  • Integration across disciplines prevents value leakage and maximizes returns.
  • Even small efficiency gains compound into significant financial impact.
Conclusion & Key Takeaways
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