Difference between revisions of "Enhancement Tracking"
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[[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]]. | ||
| − | As a result [[Enhancement Tracking]] provides a '''$/bbl''' metrics | + | As a result [[Enhancement Tracking]] provides a Scorpion Chart which is '''$/bbl''' metrics of the [[Enhancement |Enhancements]]. |
==Math and Physics== | ==Math and Physics== | ||
Revision as of 12:32, 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 Scorpion Chart which is $/bbl metrics of the Enhancements.
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).
