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TCO's

Water Clarity

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TCO’s 

  • 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.

TCO’s are:

  • 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.