- The goal of TCO programs is to design and implement chemical programs, procedures, and processes that increase customers' production or facilitate lowering customers' lift costs to increase asset values.
- TCO’s programs are recommended strategies that capture and quantify addtional asset values generated by more effective chemical programs.
- (1) Collect available data by performing technical audits to analyze current treating programs; (2) define (benchmark) production improvement opportunities and cost savings; (3) develop cost effective solutions and applications that meet system parameters; (4) implement improvements; (5) monitor improvements compared to benchmarks; (6) standardize procedures and processes into best practices.
- Corrosion failure reduction
- Scale inhibition
- Paraffin/Asphaltine control
- Microbiological control
- Water quality
- Oil dehydration
- Fe control
- Fuel savings
- Encapsulated SI vs. traditional squeeze method
- Encapsulated CI vs. traditional inhibition methods
- Salt removal/inhibition
- Stimulation fluids
Five years of documented (approved) TCO’s saved Texaco PB $21,000,000
Production Enhancement Savings - Savings resulting from chemicals that enable increased production recovery or savings either from production that was not ‘lost’ or ‘deferred’ when a failed well or facility was shut-in.
Direct Chemical Invoice Savings - Cost reductions resulting from better optimization and more effective chemicals, but not due to any associated chemical requirements arising from a natural decrease in production.
Indirect Chemical Influenced Materials & Services Savings - Cost reduction resulting from M&S savings influenced by more effective chemicals programs.
Cost Avoidance Savings - ‘Soft’ dollar savings from failure avoidance due to corrosion mitigation.