Content Tagged: "optimization"

In this SPE Tech Talk episode, SLB discuss how digital technologies can enable greater consistency in screening and ranking sites and evaluate selected candidates.

Using modern portfolio management theory and practice the learner will use your methanol company's current enterprise wide operating assets and new exploration opportunities to optimize the performance of it's integrated portfolio. In the process you will learn to build and manage the portfolio as you review the current assets and new opportunities using portfolio management techniques and within the existing investment environment. The learner will be able to: learn to apply Portfolio Management to exploration opportunities, learn what an efficient frontier is and its role in portfolio performance optimization, learn the various ways you can go about rebalancing your enterprise portfolio, know how to apply passive and active portfolio rebalancing.

Establish Inflow Performance Relationship (IPR) and determine flowing well potential. Use systems analysis approach to predict and optimize production. Upon completion of this module, the participant should be able to: use production data to define a well's IPR and flow potential under current operating conditions, predict changes in well potential resulting from declining reservoir pressures, evaluate the effects of various operating parameters on flowing well performance, design a single-well production system based on analysis of individual system components, select the appropriate tubing and flowline diameters for optimizing well performance, and predict future production rates based on changing operating conditions.

Upon completion of this course, the participant should be able to: review surface flowing well conditions with the goal of optimizing production, describe the basic layout of an upstream producing facility and the functions of its major components, outline the general requirements for separating and treating produced oil as a basis for a detailed facility design, and plan and oversee routine field maintenance work, and maintain a safe operation through proper application of good work practices and the careful control of site activities.

Describes occurrences, preventive measures and remedial actions for common downhole drilling problems. Addresses considerations involved in drilling abnormal pressures, working in sour gas environments and planning fishing operations. Discusses procedures for optimizing bit hydraulics, bit weight and rotary speed to attain minimum cost drilling. Emphasizes importance of the mud system in meeting well objectives.

Friday, March 1, 2024 | 09:00AM – 10:30AM CT Multiphase flow metering has revolutionized the well-te

The webinar will provide a comprehensive overview of both traditional methodologies and forward-thinking approaches in the field of rod lift technologies.

In this episode of Get To Know, we sit down with Justin Kilb, an engineer in Ovintiv's Chief Division, a data scientist, and a PhD student in mathemat

Optimization of producing oil and gas wells has always been important for managing operating expenses and continues to be an important part of product

In this SPE Tech Talk, experts from S&P Global discuss strategies for reducing time to value and maximizing value by addressing the data management and interoperability challenges that hold back many operators today. 

In this SPE Tech Talk with SLB, we discuss how a new world of digitalization and hybrid AI opens opportunities to enhance the speed, rigor, and scope of process optimization. 

The webinar will present the operational experiences with TEG dehydrators.

In this webinar series, we categorize multiphase flow ‘sensing domains’. In part 2 of this series, we progressively discuss measurement physics within the mechanical phenomena sensing domain, advancing in frequency from steady-state processes to high frequency propagating acoustic waves.

In this talk, we discuss the application of hybrid models in addressing major challenges in unconventional reservoirs, including well performance evaluation, artificial lift life cycle management, performance insights, production optimization, well interference, and forecasting.

Join Computer Modelling Group with co-presenter Shell as we discuss the value of Integrated Production System Modelling (IPSM) to produce reliable and robust forecasts resulting in the optimization of facility operations to generate maximum value.