In today's low price environment, oil and gas field production optimisation is of paramount importance to all operating companies. Each field must maximize production while keeping CAPEX and OPEX to a minimum. The interplay of decisions on routing, well on/off and artificial lift is too complex for any person to find the optimum or even a point close to the optimum. Advanced software dedicated to field optimisation can use global optimisation techniques to identify significantly better daily production values than existing solutions.
This webinar will explain the technical basis of production optimisation and its practical application. The presentation will then continue with an overview of PSE's new gPROMS Oilfield optimisation environment and case studies highlighting the value of full-field optimisation.
Key areas that will be examined are:
- Overview of production optimisation
- Instrumentation, data and control requirements of the asset
- Unique benefits of gPROMS Oilfield technology
- Demonstration of gPROMS Oilfield
- Extension of production optimisation to the full asset
|Dr. Malcolm Woodman is a production optimisation specialist. Malcolm spent 25+years at BP. His final role was BP Technical Lead for production optimisation strategies and solutions. He has in-depth knowledge and experience of modelling and optimisation and is the author of many papers.|