Technical-financial evaluation of a management system at a service company for fishing operations carried out on the oil wells of Quifa field, in Colombia.

Abstract

The oil service provider companies working in Colombia tace a challenge due to risk management and of non­productive time (NPT) related to many circumstances: social issues, logistic, technical, and operational risks at the moment in which a servlce is requlred. Failing to identify the mentioned risks, and their poor management, entail significant financia! impllcatlons for the partles involved (the operating and the servlce provider ones) induding project delays, cost overruns, and in the worst­case scenario, a company can lose a contract. In order to identify and evaluate these risks, a quality management system (QMS) was implemented at a fishing service provider company with the target of designing strategies ofcontinuous improvement In the works executed in field.

The QMS allowed the researchers to single out the main crltical points involved in the executlon of the operations, through an interna! and externa! analysis (environment analysis), evidencing important factors that are not perceived at first sight, but can directly affect the concerning partles. Currently with the oil barrel prices in historie minimums, it is necessary to be more efficiently by minimizing NPT and to continue development of oil fields with lower operating costs. Even today when ECOPETROL will take over control ofRubiales fleld In Colombia. This paper provides a general view of the project planning, shares sorne details belonging to the phase of design and implementation in field, as well as QMS strategies that make the process of decision-making easier, the mitigating unforeseen events. Finally, it concludes with the financia! assessment that makes evldent how the costs non-productive time was reduced. The management system has shown excellent results and performance bett.er in the last operations executed for the company.