FAR 2.97% 52.0¢ far limited

Ann: Robust development economics for SNE oil field, Senegal, page-46

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  1. 5,719 Posts.
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    Yeah recovery rates don't increase daily production, they just mean you have a longer field life. It isn't like mining recovery rates which I think you are getting confused with.

    If you want to increase daily production rates by 3 times then you would need either 3 FPSO's rather than 1 or a FPSO 3 times as big...

    A FPSO with a max capacity of 100,000 bopd won't just start producing 300,000bopd because the oil below is recovered at a better rate.

    The better the recovery rate the longer the field life assuming the FPSO stays the same size etc.
 
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