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.
Topics covered
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
Presenter(s)
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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. |
More Information
Previously recorded webinars are available in our webinar archive. Topics include:
Chemicals & Petrochemicals Life Sciences Formulated Products Oil & Gas Power & CCS Fuel Cells & Batteries Wastewater Treatment Model Development & Deployment
Duration
45 minutes plus Q&A
Who should attend?
The webinar will be of use to management and production/facilities engineers in Oil & Gas operating companies who have an interest in maximizing production with no additional CAPEX.
