UK study highlights action needed to maximise economic recovery

Thursday, December 6, 2012 - 06:30 in Earth & Climate

(Phys.org)—A new study from the University of Aberdeen published today highlights the substantial remaining potential from the UK Continental Shelf (UKCS) but concludes that, if long term economic recovery is to be maximised, there is a need to (1) increase the exploration effort above recent levels, (2) develop more incremental projects to enhance the recovery factor particularly in oil fields, (3) reduce the unplanned downtime, (4) facilitate speedier and more efficient third party access to infrastructure, and (5) extend the life of the infrastructure.

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