1. If Not Continuing to Use:
Accumulation of old oil tubing assets, leading to unused inventory.
High costs associated with purchasing new oil tubing.
2. If Continuing to Use:
Failure of the oil tubing thread seal, potentially leading to leakage.
Fractures in the tubing may occur due to wear and tear.
Accelerated corrosion of the oil tubing, which may result in perforations.
Increased wall thickness loss, further weakening the structure and risking fractures.
High costs for well repairs, and in severe cases, the entire well may be deemed uneconomical to repair and be abandoned.