Difference between revisions of "Enhancement Tracking"
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==Brief== | ==Brief== | ||
[[Enhancement Tracking]] is a workflow to track and evaluate the benefits of the [[Enhancement |Enhancements]]. | [[Enhancement Tracking]] is a workflow to track and evaluate the benefits of the [[Enhancement |Enhancements]]. | ||
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| + | As a result [[Enhancement Tracking]] provides a '''$/bbl''' metrics for [[Enhancement |Enhancements]] benchmarking. | ||
==Math and Physics== | ==Math and Physics== | ||
Revision as of 12:30, 17 July 2018
Brief
Enhancement Tracking is a workflow to track and evaluate the benefits of the Enhancements.
As a result Enhancement Tracking provides a $/bbl metrics for Enhancements benchmarking.
Math and Physics
The incremental oil recovery (IOR) for the given Enhancement is:
where:
- V2 - production increase due to Enhancement,
- V1 - production loss due to downtime,
- V3 - production loss due to decline rate.
IOR is calculated to selected Enhancement lifetime or to the economic limit.
References
- ↑ Nguyen, Dzu (September–October 2006). "Improving Performance Management in TNK-BP". Innovator, TNK-BP Technology Magazine (12).
