Run full NPV analysis comparing cost of ownership between conventional ESPs and Rigless ESP technology. The analysis was considering expected runlives of both rigless and conventional ESPs, the costs of each system and associated costs including company economic hurdles.
Phase 2 - Suitability of Technology
Full assessment of Rigless ESP technology in the market to be carried out with specific focus on platform interfaces and facilities, compatibility with existing equipment used for running ESPs, live well deployment with consideration of local well and barrier requirements.
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