Abstract: Analyzing wells of mature field. At least some of the illustrative embodiments are methods including: gathering data about a group of wells; determining a condition of each well; creating an initial prioritization; creating a secondary prioritization based on at least one criteria provided by the client and the initial prioritization; analyzing at least some of the wells selected based on priority of each well in the secondary prioritization; interfacing with a service providing entity; providing to the client a first recommendation regarding corrective action, the first recommendation without regard to the service providing entity's availability to perform services; providing to the client a second recommendation regarding corrective action, the second recommendation taking into account the service providing entity's availability of crews and equipment; and performing at least one corrective action on at least one well, the performing based from the first or second recommendations.

Abstract: Analyzing wells of mature field. At least some of the illustrative embodiments are methods including: gathering data about a group of wells; determining a condition of each well; creating an initial prioritization; creating a secondary prioritization based on at least one criteria provided by the client and the initial prioritization; analyzing at least some of the wells selected based on priority of each well in the secondary prioritization; interfacing with a service providing entity; providing to the client a first recommendation regarding corrective action, the first recommendation without regard to the service providing entity's availability to perform services; providing to the client a second recommendation regarding corrective action, the second recommendation taking into account the service providing entity's availability of crews and equipment; and performing at least one corrective action on at least one well, the performing based from the first or second recommendations.

Abstract: A computer system for managing replacement components for equipment having a plurality of components, each component having a limited useful life, has a computer program module defining a duty profile comprising a plurality of usage cases for the equipment, each usage case involving two or more of the components and specified operating conditions for the involved components during execution of the usage cases. A further program module determines a theoretical useful life for each component involved in a duty profile, based on component useful life data under specified operating conditions; and sensors determine and monitor the occurrence of equipment operation corresponding to a usage case and measur actual operating conditions and number of operations. A further program module computes an adjusted theoretical useful life for a component experiencing operations, based on a comparison of actual operating conditions to those assumed for the usage case.