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Completed
Feasibility study for Advanced Real-time Production Optimisation (ARPO) of Integrated Oil & Gas Production Facilities
FunderUK Research and Innovation
Funder Contribution £104,916.00
Duration01 Nov 2015 - 31 Oct 2016
Funded underInnovate UK
Project code132122
Identifiers
Project timeline100%
Description
Maximising the exploitation of the UK Continental Shelf’s (UKCS’s) remaining oil & gas reserves is critical to UK tax revenues, security of energy supply, balance of payments and competiveness of manufacturing industries. This feasibility study proposal is for pre-commercial development of an Advanced Real-time Production Optimisation (ARPO) tool to enable UKCS Oil & Gas operating companies to optimise production in integrated oil & gas production assets in real time in order to maximise revenue and increase extraction efficiency. It uses well-to-facilities mathematical models of the production system combined with operational data within a rigorous mathematical optimisation framework to determine, for example, which wells to deploy, optimal gas lift flowrates for each operating well and other operational settings. The unique technology addresses well- known deficiencies of currently-deployed tools, draws on extensive existing PSE technology and experience, transfers and adapts well-established existing technology and expertise from other sectors, and involves engagement of key stakeholders to develop requirements and validate the pre-commercial development.
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Maximising the exploitation of the UK Continental Shelf’s (UKCS’s) remaining oil & gas reserves is critical to UK tax revenues, security of energy supply, balance of payments and competiveness of manufacturing industries. This feasibility study proposal is for pre-commercial development of an Advanced Real-time Production Optimisation (ARPO) tool to enable UKCS Oil & Gas operating companies to optimise production in integrated oil & gas production assets in real time in order to maximise revenue and increase extraction efficiency. It uses well-to-facilities mathematical models of the production system combined with operational data within a rigorous mathematical optimisation framework to determine, for example, which wells to deploy, optimal gas lift flowrates for each operating well and other operational settings. The unique technology addresses well- known deficiencies of currently-deployed tools, draws on extensive existing PSE technology and experience, transfers and adapts well-established existing technology and expertise from other sectors, and involves engagement of key stakeholders to develop requirements and validate the pre-commercial development.
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Provider Academic Bibliometrics & Assessment Computational Utility Service Expiration Session Name greekSession Description Stores the user session ID for Academic Bibliometrics & Assessment Computational Utility Service. Provider Academic Bibliometrics & Assessment Computational Utility Service Expiration Session Name greekSession Description Stores the user session ID for Academic Bibliometrics & Assessment Computational Utility Service. Provider Academic Bibliometrics & Assessment Computational Utility Service Expiration Session Name greekSession Description Stores the user session ID for Academic Bibliometrics & Assessment Computational Utility Service. Provider Academic Bibliometrics & Assessment Computational Utility Service Expiration Session Name greekSession Description Stores the user session ID for Academic Bibliometrics & Assessment Computational Utility Service. 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