Enhancement Tracking

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Brief

Enhancement Tracking is a workflow to track and evaluate the benefits of the Enhancements [1].

Math and Physics

The Enhancement incremental oil recovery (IOR) 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.

References

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