Determining the optimal operational strategy for an oil & gas asset requires addressing several complex questions simultaneously: which wells to operate, which to choke back, which to apply gas lift to, how to manage the production–facilities interaction and how to meet processing constraints. Malcolm Woodman, ex BP, will describe how next generation model-based optimization technology is increasingly used to address these challenges and is assisting operators in maximizing production while simultaneously reducing operating costs.
Key areas that will be examined are:
- Overview of production systems
- Overview of production optimisation
- Overview of facilities system
- Integrated asset modelling and optimisation
- Introduction to and unique benefits of the gPROMS Oilfield technology
- Case study showing integrated asset optimisation using gPROMS Oilfield
Dr. Malcolm Woodman started consulting for PSE in 2016, after more than 25 years with BP. For the last 10 years at BP, Malcolm was Project Manager, Program Manager and Technical Lead for the use of model-based optimization in BP Upstream. His key responsibility was the development of systems to allow the use of commercial production modeling packages for production optimization on the operating assets, not just by central modeling specialists. Malcolm is the author of many peer-reviewed journal papers and conference presentations, covering topics including three phase distillation, use of thermodynamics packages in industry, and production optimization.
60 minutes including Q&AWATCH NOW
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.