When millions of dollars in production and cost savings is at stake, a Reservoir Stewardship Model should be standard practice for all producing assets. RCAA+ is a QRI service that ensures best-in-class reservoir management of an asset. The model is an extension of RCAA®, and is the prime driving engine for what QRI does, guiding us to ways we can optimize fuel development plans that increase production, maximize reserves and increase capital efficiency.
RCAA+ is a proactive approach of continuous learning, where key processes are identified and continual reservoir management improvements are made. Corporate objectives and key performance indicators frame the process. Within this framework, key processes are identified that accomplish a proactive approach to the reservoir management of an asset. So many critical factors are interconnected and, in many cases, affect one another. Due diligence is central and assurances are put into place throughout the entire process to ensure efficiency and effectiveness.