Oil and Gas

Well Type and Event Improvements
Application Well Type or Event Improvement Value Added to Operator
Optimizing producing BHP Producer • Lower Fluid Level
• Increased Production Rates
• Reduced energy costs per barrel lifted
• Increased daily revenue due to higher production rates
Evaluation of Artificial Lift Performance Producer • Extended Run-Life
• Decreased Lifting Costs
• Decreased lifetime costs for assets due to reduced well interventions
• Decreased lifting costs
Optimized Reservoir Drawdown Producer • Increased Production Rates Without Effect on Ultimate Recovery • Increased short-term revenue without decreasing long term value
Leak Detection Producer or Injector • Optimized Well Intervention Success
• Verified Regulatory Compliance
• Decreased workover costs due earlier found events and known causes
• Reduced environmental damage and legal costs
Monitoring Stimulation Placement Producer or Injector • Improved Workover Results
• Reduced Risk of Pumping Out of Zone
• Reducing Volumes Used
• Improved workover payout
• Reduced risk of wasted expensive fluids
• Decreasing cost of treatments
Monitoring Fluid Entry or exit points Producer or Injector • Knowledge of Zonal Contribution
• Cross-Flow Knowledge
• Decreased Water or Gas Production
• Improved workover success rates decreasing cost of assets
• Reduced lifting costs due removal of unwanted fluids
• Increase revenue do to removal of flow restrictions
Near Wellbore Skin Damage, Gravel Pack Evaluation Producer or Injector • Increased Production Rates
• Improved Intervention Results.
• Increased daily revenue due to higher production rates
• Improved workover success rates decreasing cost of assets
Flow Assurance Producer or Injector • Limit effects of scaling or hydrate formation that would reduce production /injection rates and recovery • Decreased lifting costs and lifetime costs of assets due to better understanding of conditions

Reservoir Recovery Process Improvements
Application Reservoir Recovery Process Improvement Value Added to Operator
Manage Reservoir Pressure Primary Recovery • Understand Reservoir Depletion
• Understand Reservoir Extents
• Better Understand Primary Recovery Mechanisms
• Optimize Reservoir Withdrawal Rates
• Limit Unwanted Fluid Production
• Understand the Need for Smart Wells
• Optimize Well Placements
• Improve asset revenue through improved ultimate recovery by understanding primary recovery drive mechanisms and eliminating unnecessary reservoir voidage
• Maximize short term revenue by optimizing production rates without effecting ultimate recovery
• Reduce requirements for additional capital investments required for additional wells and replacing with Smart wells
Manage Areal and Vertical Sweep Efficiency Secondary or Enhanced Recovery Projects • Optimize Injection Rates
• Improve Injection Profiles
• Control Reservoir Pressure
• Reduce By-Passed Oil
• Improved Sweep Efficiency
• Improved Success Rate for Workover Programs
• Reduced asset ongoing capital investment costs through more successful workover programs, improved injection strategies, and optimum control of reservoir pressures
• Optimize ultimate recovery resulting in maximum Asset Revenue through improved sweep efficiency and elimination of by-passed oil
Manage Comingled Reservoirs Primary Recovery • Change Commingled Zone Strategies
• Understand the Need for Smart Wells
• Revise Artificial Lift Plans
• Understand Cross-Flow Effects
• Increase value of asset by use of Smart Wells to decrease capital investments and improve short term production rates
• Reduce capital investments in artificial lift systems thereby increasing lifetime value of assets
• Increase lifetime value of assets by improved workover success
Optimize Secondary or Enhanced Recovery Projects Secondary or Enhanced Recovery Projects • Optimized Pattern Recovery Strategies
• Reduce Equipment and Wells Required
• Reduce the Need for Workovers
• Improve Reservoir Depletion Strategies
• Reduced asset lifetime Capital Investment through better understanding of pattern flood designs and need to revise well positions, plus reduced workover program requirements
• Increased asset lifetime Revenue through improved flood performance