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The Use Of Prosper In Studying The Production Optimization Of An Oil Well
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Book Synopsis The use of Prosper in studying the Production Optimization of an Oil Well by : Anireju Emmanuel Dudun
Download or read book The use of Prosper in studying the Production Optimization of an Oil Well written by Anireju Emmanuel Dudun and published by GRIN Verlag. This book was released on 2018-02-26 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2014 in the subject Engineering - Power Engineering, grade: A, University of Benin, course: Petroleum Engineering, language: English, abstract: Crude oil production is a major requirement to sustaining the well begins of any petroleum company. This will entail the effective placement of all facilities and equipment; surface or subsurface in order to achieve optimum volume of crude oil production, this is usually called production optimization. In this study, the software prosper was utilized to case study well J-12T Well J-12T, a natural producer was producing at its peak oil rate at 6137 STB/d at 0% water-cut by mid-1973 but since then production has been on the decline due to increasing water-cut and decreasing reservoir pressure. But to date, the well is producing at an oil rate of 1431 STB/d at a water-cut of 50%.The VLP/IPR data were matched to well test flow rate measurement with a deviation of about 0,0534%, thereafter a short and long term optimization plan scenarios such as sensitivity runs on the well head pressure, tubing sizes, and gas lift technique respectively etc for the well, were simulated in PROSPER and then evaluated. The results of this work suggests that; by lowering the Christmas tree pressure from 180 to 120psi the well’s life can be extended to 70% water-cut, also increasing the tubing size from 2,992" to 3,958" ID is also recommended. The gas lift method was found to be more economical as it can produce up to a maximum economic water cut of 90% with optimum gas injection rate of 3.3MMscf/d and oil production rates will increased from 1431 STB/d to about 3000 STB/d at 50% water-cut.
Book Synopsis Production Optimization by : Howard Dale Beggs
Download or read book Production Optimization written by Howard Dale Beggs and published by . This book was released on 1991 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Technical Guidance for Petroleum Exploration and Production Plans by : Tarek Al-Arbi Omar Ganat
Download or read book Technical Guidance for Petroleum Exploration and Production Plans written by Tarek Al-Arbi Omar Ganat and published by Springer Nature. This book was released on 2020-03-31 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents detailed explanations of how to formulate field development plans for oil and gas discovery. The data and case studies provided here, obtained from the authors’ field experience in the oil and gas industry around the globe, offer a real-world context for the theories and procedures discussed. The book covers all aspects of field development plan processes, from reserve estimations to economic analyses. It shows readers in both the oil and gas industry and in academia how to prepare field development plans in a straightforward way, and with substantially less uncertainty.
Book Synopsis Introduction to Petroleum Engineering by : John R. Fanchi
Download or read book Introduction to Petroleum Engineering written by John R. Fanchi and published by John Wiley & Sons. This book was released on 2016-09-13 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents key concepts and terminology for a multidisciplinary range of topics in petroleum engineering Places oil and gas production in the global energy context Introduces all of the key concepts that are needed to understand oil and gas production from exploration through abandonment Reviews fundamental terminology and concepts from geology, geophysics, petrophysics, drilling, production and reservoir engineering Includes many worked practical examples within each chapter and exercises at the end of each chapter highlight and reinforce material in the chapter Includes a solutions manual for academic adopters
Book Synopsis Well Completion Design by : Jonathan Bellarby
Download or read book Well Completion Design written by Jonathan Bellarby and published by Elsevier. This book was released on 2009-04-13 with total page 726 pages. Available in PDF, EPUB and Kindle. Book excerpt: Completions are the conduit between hydrocarbon reservoirs and surface facilities. They are a fundamental part of any hydrocarbon field development project. The have to be designed for safely maximising the hydrocarbon recovery from the well and may have to last for many years under ever changing conditions. Issues include: connection with the reservoir rock, avoiding sand production, selecting the correct interval, pumps and other forms of artificial lift, safety and integrity, equipment selection and installation and future well interventions. - Course book based on course well completion design by TRACS International - Unique in its field: Coverage of offshore, subsea, and landbased completions in all of the major hydrocarbon basins of the world - Full colour
Book Synopsis Offshore Operation Facilities by : Huacan Fang
Download or read book Offshore Operation Facilities written by Huacan Fang and published by Gulf Professional Publishing. This book was released on 2014-09-05 with total page 1177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshore Operation Facilities: Equipment and Procedures provides new engineers with the knowledge and methods that will assist them in maximizing efficiency while minimizing cost and helps them prepare for the many operational variables involved in offshore operations. This book clearly presents the working knowledge of subsea operations and demonstrates how to optimize operations offshore. The first half of the book covers the fundamental principles governing offshore engineering structural design, as well as drilling operations, procedures, and equipment. The second part includes common challenges of deep water oil and gas engineering as well as beach (shallow) oil engineering, submarine pipeline engineering, cable engineering, and safety system engineering. Many examples are included from various offshore locations, with special focus on offshore China operations. In the offshore petroleum engineering industry, the ability to maintain a profitable business depends on the efficiency and reliability of the structure, the equipment, and the engineer. Offshore Operation Facilities: Equipment and Procedures assists engineers in meeting consumer demand while maintaining a profitable operation. Comprehensive guide to the latest technology, strategies, and best practices for offshore operations Step-by-step approach for dealing with common challenges such as deepwater and shallow waters Includes submarine pipeline, cable engineering, and safety system engineering Unique examples from various offshore locations around the world, with special focus on offshore China
Book Synopsis Nodal Analysis of Oil and Gas Production Systems by : Jan Dirk Jansen
Download or read book Nodal Analysis of Oil and Gas Production Systems written by Jan Dirk Jansen and published by . This book was released on 2017 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nodal Analysis of Oil and Gas Production Systems provides a modern view on the use of nodal analysis techniques to optimize the production from oil and gas wells. It covers multiphase flow through flow lines, wells, chokes and the near-well reservoir. It teaches the development of mathematical models for those system elements, and how to implement these in computer code. It explains the underlying physics, starting from first principles whenever possible, and reverting to empirical correlations whenever necessary. It covers the essential concepts in nodal analysis of a well system and aims at.
Book Synopsis Blowout and Well Control Handbook by : Robert D. Grace
Download or read book Blowout and Well Control Handbook written by Robert D. Grace and published by Gulf Professional Publishing. This book was released on 2017-05-26 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blowout and Well Control Handbook, Second Edition, brings the engineer and rig personnel up to date on all the useful methods, equipment, and project details needed to solve daily well control challenges. Blowouts are the most expensive and one of the most preventable accidents in the oil and gas industry. While some rig crews experience frequent well control incidents, some go years before seeing the real thing. Either way, the crew must always be prepared with quick understanding of the operations and calculations necessary to maintain well control. Updated to cover the lessons learned and new technology following the Macondo incident, this fully detailed reference will cover detection of influxes and losses in equipment and methods, a greater emphasis on kick tolerance considerations, an expanded section on floating drilling and deepwater floating drilling procedures, and a new blowout case history from Bangladesh. With updated photos, case studies, and practice examples, Blowout and Well Control Handbook, Second Edition will continue to deliver critical and modern well control information to ensure engineers and personnel stay safe, environmentally-responsible, and effective on the rig. - Features updated and new case studies including a chapter devoted to the lessons learned and new procedures following Macondo - Teaches new technology such as liquid packer techniques and a new chapter devoted to relief well design and operations - Improves on both offshore and onshore operations with expanded material and photos on special conditions, challenges, and control procedures throughout the entire cycle of the well
Book Synopsis Advanced Reservoir Engineering by : Tarek Ahmed
Download or read book Advanced Reservoir Engineering written by Tarek Ahmed and published by Elsevier. This book was released on 2011-03-15 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Reservoir Engineering offers the practicing engineer and engineering student a full description, with worked examples, of all of the kinds of reservoir engineering topics that the engineer will use in day-to-day activities. In an industry where there is often a lack of information, this timely volume gives a comprehensive account of the physics of reservoir engineering, a thorough knowledge of which is essential in the petroleum industry for the efficient recovery of hydrocarbons.Chapter one deals exclusively with the theory and practice of transient flow analysis and offers a brief but thorough hands-on guide to gas and oil well testing. Chapter two documents water influx models and their practical applications in conducting comprehensive field studies, widely used throughout the industry. Later chapters include unconventional gas reservoirs and the classical adaptations of the material balance equation.* An essential tool for the petroleum and reservoir engineer, offering information not available anywhere else* Introduces the reader to cutting-edge new developments in Type-Curve Analysis, unconventional gas reservoirs, and gas hydrates * Written by two of the industry's best-known and respected reservoir engineers
Book Synopsis Gas Well Testing Handbook by : Amanat Chaudhry
Download or read book Gas Well Testing Handbook written by Amanat Chaudhry and published by Gulf Professional Publishing. This book was released on 2003-08-07 with total page 863 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Gas Well Testing Handbook deals execusively with the theory and practice of gas well testing, including pressure transient analysis technique, analytical methods required to interpret well behavior, evaluating reservoir quality, reservoir simulation, and production forecasts. A highly practical volume, this book is written for drilling engineers, well logging engineers, reservoir engineers, engineering students, geologists, and geophysicists."--BOOK JACKET
Book Synopsis An Evolutionary Theory of Economic Change by : Richard R. Nelson
Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson and published by Harvard University Press. This book was released on 1985-10-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Book Synopsis Petroleum Production Engineering by : Boyun Guo
Download or read book Petroleum Production Engineering written by Boyun Guo and published by Gulf Professional Publishing. This book was released on 2017-02-10 with total page 782 pages. Available in PDF, EPUB and Kindle. Book excerpt: Petroleum Production Engineering, Second Edition, updates both the new and veteran engineer on how to employ day-to-day production fundamentals to solve real-world challenges with modern technology. Enhanced to include equations and references with today's more complex systems, such as working with horizontal wells, workovers, and an entire new section of chapters dedicated to flow assurance, this go-to reference remains the most all-inclusive source for answering all upstream and midstream production issues. Completely updated with five sections covering the entire production spectrum, including well productivity, equipment and facilities, well stimulation and workover, artificial lift methods, and flow assurance, this updated edition continues to deliver the most practical applied production techniques, answers, and methods for today's production engineer and manager. In addition, updated Excel spreadsheets that cover the most critical production equations from the book are included for download. - Updated to cover today's critical production challenges, such as flow assurance, horizontal and multi-lateral wells, and workovers - Guides users from theory to practical application with the help of over 50 online Excel spreadsheets that contain basic production equations, such as gas lift potential, multilateral gas well deliverability, and production forecasting - Delivers an all-inclusive product with real-world answers for training or quick look up solutions for the entire petroleum production spectrum
Book Synopsis Management Information Systems by : Kenneth C. Laudon
Download or read book Management Information Systems written by Kenneth C. Laudon and published by Pearson Educación. This book was released on 2004 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management Information Systems provides comprehensive and integrative coverage of essential new technologies, information system applications, and their impact on business models and managerial decision-making in an exciting and interactive manner. The twelfth edition focuses on the major changes that have been made in information technology over the past two years, and includes new opening, closing, and Interactive Session cases.
Book Synopsis Gas Allocation Optimization Methods in Artificial Gas Lift by : Ehsan Khamehchi
Download or read book Gas Allocation Optimization Methods in Artificial Gas Lift written by Ehsan Khamehchi and published by Springer. This book was released on 2016-12-31 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Brief offers a comprehensive study covering the different aspects of gas allocation optimization in petroleum engineering. It contains different methods of defining the fitness function, dealing with constraints and selecting the optimizer; in each chapter a detailed literature review is included which covers older and important studies as well as recent publications. This book will be of use for production engineers and students interested in gas lift optimization.
Book Synopsis The Evaluation and Optimization of Trading Strategies by : Robert Pardo
Download or read book The Evaluation and Optimization of Trading Strategies written by Robert Pardo and published by John Wiley & Sons. This book was released on 2011-01-11 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: A newly expanded and updated edition of the trading classic, Design, Testing, and Optimization of Trading Systems Trading systems expert Robert Pardo is back, and in The Evaluation and Optimization of Trading Strategies, a thoroughly revised and updated edition of his classic text Design, Testing, and Optimization of Trading Systems, he reveals how he has perfected the programming and testing of trading systems using a successful battery of his own time-proven techniques. With this book, Pardo delivers important information to readers, from the design of workable trading strategies to measuring issues like profit and risk. Written in a straightforward and accessible style, this detailed guide presents traders with a way to develop and verify their trading strategy no matter what form they are currently using–stochastics, moving averages, chart patterns, RSI, or breakout methods. Whether a trader is seeking to enhance their profit or just getting started in testing, The Evaluation and Optimization of Trading Strategies offers practical instruction and expert advice on the development, evaluation, and application of winning mechanical trading systems.
Book Synopsis The Global Oil and Gas Industry by : Andrew C. Inkpen
Download or read book The Global Oil and Gas Industry written by Andrew C. Inkpen and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Hydraulic Fracturing in Unconventional Reservoirs by : Hoss Belyadi
Download or read book Hydraulic Fracturing in Unconventional Reservoirs written by Hoss Belyadi and published by Gulf Professional Publishing. This book was released on 2019-06-18 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hydraulic Fracturing in Unconventional Reservoirs: Theories, Operations, and Economic Analysis, Second Edition, presents the latest operations and applications in all facets of fracturing. Enhanced to include today's newest technologies, such as machine learning and the monitoring of field performance using pressure and rate transient analysis, this reference gives engineers the full spectrum of information needed to run unconventional field developments. Covering key aspects, including fracture clean-up, expanded material on refracturing, and a discussion on economic analysis in unconventional reservoirs, this book keeps today's petroleum engineers updated on the critical aspects of unconventional activity. - Helps readers understand drilling and production technology and operations in shale gas through real-field examples - Covers various topics on fractured wells and the exploitation of unconventional hydrocarbons in one complete reference - Presents the latest operations and applications in all facets of fracturing
