| Efficient and effective production of existing field
assets are often one of the most cost effective ways to
add to a company’s bottom line. Good production
practices can maximize recovery and thus directly affect
PDP reserves. Unfortunately many companies still operate
in a reactionary mode…isolating and resolving problems
AFTER they occur. The ensuing time delay can result in
lost production, lost profit, and potential damage to the
reservoir. |
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petroWEB’s Production Surveillance &
Optimization (PS&O) application is designed to monitor
operational measures such as production volumes,
temperatures, and testing cycles, and then compare them
against expected performance parameters.
Measurements can be made at a wellbore, well, field,
business unit or any other logical measuring point. End
users can monitor |
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| parameters specific to their job function as well as
asset team and business unit level monitoring. |
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Monitoring parameters can be logically
combined to create a composite measure. For example –
“Don’t alert me unless gas production goes down and
water production goes up”. Customized alerts are
generated for each end user providing timely insight
into potential problems and initiating workflows to
determine solutions. |
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| As with all petroWEB solutions, the PS&O application
can be scaled to address the largest of clients with
tens of thousands of wells. Additionally, PS&O can be
further customized by the end client to address business
unit or field specific measurement requirements. |
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