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Keywords: production strategy
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Proceedings Papers

Paper presented at the SPE Latin America and Caribbean Petroleum Engineering Conference, May 17–19, 2017
Paper Number: SPE-185502-MS
... the best production strategies for each problem. Abstract This paper presents an extension of the RMFinder technique, previously proposed to identify representative models (RMs) within the decision-making process in oil fields. As there are several uncertainties associated with this decision-making...
Proceedings Papers

Paper presented at the SPE Latin American and Caribbean Petroleum Engineering Conference, November 18–20, 2015
Paper Number: SPE-177182-MS
... asset and portfolio management distinct hydraulic unit subunit Oriente Basin pressure profile society of petroleum engineers sand fraction map production strategy deposit Eden Yuturi field is located in the northeast of the Oriente Basin, Ecuador ( Fig. 1 ). Out of the 150 km 2...
Proceedings Papers

Paper presented at the SPE Latin America and Caribbean Petroleum Engineering Conference, April 16–18, 2012
Paper Number: SPE-153487-MS
...) of royalty/tax and production-sharing systems (5) sensitivity analysis of parameters of major interest. Results indicate that the optimal production strategy to maximize NPV is different for each fiscal system. The uncertainties in the economic scenario considered in this work influence the EMV significantly...
Proceedings Papers

Paper presented at the SPE Latin America and Caribbean Petroleum Engineering Conference, April 16–18, 2012
Paper Number: SPE-153431-MS
... in the production strategies or in the facilities when these are already in operation. The value of information (VOI) and value of flexibility (VOF) are resources capable of quantifying the relevance of information and flexibilities in reducing project risk, as demonstrated by the methodology proposed by Xavier...
Proceedings Papers

Paper presented at the SPE Latin America and Caribbean Petroleum Engineering Conference, April 16–18, 2012
Paper Number: SPE-153653-MS
... impact and the reduction of concentration of some substances has been discussed. Considering environmental aspects since the conception of a production strategy process may help the implementation of good practices. Nevertheless, it is necessary to have methodologies to include environmental aspects...
Proceedings Papers

Paper presented at the SPE Latin American and Caribbean Petroleum Engineering Conference, December 1–3, 2010
Paper Number: SPE-138259-MS
... Abstract The success of an oil field drainage project depends on the production strategy, defined by an optimization process that maximizes the project Net Present Value (NPV). Considering the complexity of the process, the industry tends to simplify the numerical simulations used, mainly...
Proceedings Papers

Paper presented at the SPE Latin American and Caribbean Petroleum Engineering Conference, December 1–3, 2010
Paper Number: SPE-139336-MS
... of an integrated solution in order to get a bigger performance of the processes that involve the use of water in oil field operations. determination production strategy injection water management investment optimization fracture propagation pressure water injection upstream oil & gas...
Proceedings Papers

Paper presented at the Latin American and Caribbean Petroleum Engineering Conference, May 31–June 30, 2009
Paper Number: SPE-122031-MS
... Abstract In this work a methodology of production strategy optimization, based on genetic algorithms (GA) is presented. The process aims to maximize the net present value (NPV) of the field and it is performed in terms of number and placement of wells. Independents optimization stages...
Proceedings Papers

Paper presented at the Latin American & Caribbean Petroleum Engineering Conference, April 15–18, 2007
Paper Number: SPE-107279-MS
... a different production strategy was adopted. The MA7 well was fully opened to production to produce the water and thus delay its breakthrough to the updip producer MB07. To date this reservoir is producing as predicted and the continuous surveillance conducted has proven invaluable. Another form of reservoir...
Proceedings Papers

Paper presented at the Latin American & Caribbean Petroleum Engineering Conference, April 15–18, 2007
Paper Number: SPE-107737-MS
...) are selected to represent geological uncertainties. The methodology includes the criteria used for selection of GRM, optimization of production strategies of each GRM considering the gathering of additional information and statistical treatment of the results. The methodology has been applied in a decision...
Proceedings Papers

Paper presented at the SPE Latin American and Caribbean Petroleum Engineering Conference, June 20–23, 2005
Paper Number: SPE-94746-MS
... optimization process accurate map intermediate map production strategy enhanced recovery injector well schiozer upstream oil & gas application optimization problem artificial intelligence waterflooding quality map spe 94746 reservoir simulation oil field unit quality...

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