Difference between revisions of "Enhancement Tracking"

From wiki.pengtools.com
Jump to: navigation, search
(Brief)
Line 1: Line 1:
 
==Brief==
 
==Brief==
[[Enhancement Tracking]] is a workflow to assess the benefits achieved by a given [[Enhancement | Enhancements]] <ref name = 123/>.
+
[[Enhancement Tracking]] is a workflow to assess the benefits achieved by a given [[Enhancement | Enhancements]] <ref name = Prudhoe Bay/>.
  
 
As a result [[Enhancement Tracking]] provides a '''Scorpion Plot''' which answers those questions:
 
As a result [[Enhancement Tracking]] provides a '''Scorpion Plot''' which answers those questions:
Line 55: Line 55:
 
  |last1=Nguyen|first1=Dzu
 
  |last1=Nguyen|first1=Dzu
 
  |title=Improving Performance Management in TNK-BP
 
  |title=Improving Performance Management in TNK-BP
 +
|journal=Innovator, TNK-BP Technology Magazine
 +
|issue=12
 +
|date=September-October 2006
 +
}}</ref>
 +
 +
<ref name= Prudhoe Bay>{{cite paper
 +
|last1= Martins |first1=J. P.
 +
|last2= MacDonald |first2=J. M.
 +
|last3= Stewart |first3=C. G.
 +
|last4= Phillips |first4=C. J.
 +
|title=The Management and Optimization of a Major Wellwork Program at Prudhoe Bay
 
  |journal=Innovator, TNK-BP Technology Magazine
 
  |journal=Innovator, TNK-BP Technology Magazine
 
  |issue=12
 
  |issue=12
Line 61: Line 72:
  
 
</references>
 
</references>
 +
 +
Martins, J. P., MacDonald, J. M., Stewart, C. G., & Phillips, C. J. (1995, January 1). The Management and Optimization of a Major Wellwork Program at Prudhoe Bay. Society of Petroleum Engineers. doi:10.2118/30649-MS
 +
 
[[Category:Enhancement List]]
 
[[Category:Enhancement List]]
 
[[Category:E&P Portal]]
 
[[Category:E&P Portal]]

Revision as of 13:17, 28 July 2018

Brief

Enhancement Tracking is a workflow to assess the benefits achieved by a given Enhancements Cite error: Invalid <ref> tag; invalid names, e.g. too many.

As a result Enhancement Tracking provides a Scorpion Plot which answers those questions:

  • How much was spend on each campaign?
  • What is the incremental oil recovery for each well and campaign total vs plan?
  • Which campaign has better $/bbl performance?
  • Which enhancement has better $/bbl performance?

Scorpion plot

Scorpion plot for different Enhancements at the E&P Portal

Math and Physics

The incremental oil recovery (IOR) for the given Enhancement is:

IOR=V2\  - V1\ - V3

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 economic limit.

Decline Curves are used to model base (before) and enhanced (after) well rates.

Enhancement Tracking[1]

Scorpion Plot

The Scorpion plot graphically illustrates total program split by individual events and ranked by success. The curve initiates from the origin at a low scope (low $/bbl) and increasing until running to a vertical asymptote (money spent with no gain in production) and possibly even a negative portion (money spent and production lost as a result of the intervention). This effectively displays program performance ($/bbl), total volume, total cost, and success rate [1].

Scorpion plot[1]

Workflow

  1. Open the well enhancement page
  2. Create the decline model before the enhancement - Base Type Curve
  3. Create the decline model after the enhancement - Enhanced Type Curve
  4. Inspect the actual IOR vs plan
  5. Save the model data
  6. Move to the next well enhancement

Data required

References

  1. 1.0 1.1 1.2 Nguyen, Dzu (September–October 2006). "Improving Performance Management in TNK-BP". Innovator, TNK-BP Technology Magazine (12). 

Cite error: <ref> tag defined in <references> has group attribute "" which does not appear in prior text.

Martins, J. P., MacDonald, J. M., Stewart, C. G., & Phillips, C. J. (1995, January 1). The Management and Optimization of a Major Wellwork Program at Prudhoe Bay. Society of Petroleum Engineers. doi:10.2118/30649-MS