Application of digital oilfield solutions and widespread of Internet of Things (IoT) is getting more often in various oil and gas processes, especially for Production Optimization purposes. Rapidly developing technologies consistently taking a more significant role in forming an effective Production System. Oil and Gas Producers are going through different stages of the technology deployment: from well automation systems (SCADA) to the introduction of intelligent well control algorithms. Demonetization of technologies, in conjunction with a competitive technology environment, creates the best pre-requisites for widespread Digital Oilfield solutions (DOF). Years back, due to high investment costs, the payback period for the DOF was on a long-term scope, then nowadays it's possible to set KPIs with a short payback period. This article discusses the latest production optimization platform and real results of recent implementations in Kazakhstan.

You can access this article if you purchase or spend a download.