integrated asset modeling

This paper describes the development of a comprehensive digital solution for well surveillance and field-production optimization for an offshore field consisting of four stacked reservoirs, each containing near-critical fluids.

The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.

The awards will be presented on 23 March at the Kuala Lumpur Convention Centre.

With declining trends in production and dwindling reserves for a 35-year-old offshore field, the Samarang Redevelopment Project was initiated with a vision toward implementing integrated operations as an asset-management decision-support tool.

There has been increasing interest in integrated simulation of reservoirs, wells, and surface facilities, which is particularly important for companies with major assets in deep offshore fields.

This paper describes a case study in which four reservoir models were coupled with a production-network model, with the objectives of maximizing recovery factors, identifying operational problems, and evaluating water-production effects.