Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
The complete paper describes a work flow in which wells and production networks in the Cheleken Block offshore Turkmenistan are automatically modeled daily with steady-state and transient tools and ultimately analyzed by the Cheleken Block Central Data Gathering System.
The Caspian Sea region is once again becoming one of the globe’s important frontiers in oil and gas production. Azerbaijan, Kazakhstan, and Turkmenistan are in the midst of intensive efforts to underpin their developing economies by increased exploitation of massive reserves.