precept - wordpress.com · 1 define your production network and constraints define your production...

3
FIELD DEVELOPMENT PLANNING Precept PRODUCTION FORECAST RESERVES ANALYSIS

Upload: others

Post on 25-Jun-2020

5 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Precept - WordPress.com · 1 Define your production network and constraints Define your production facilities network (platform, pipe, compressor, separator, etc..). Add constraints

F I E L D D E V E L O P M E N T P L A N N I N G

Precept

P R O D U C T I O N F O R E C A S T

R E S E R V E S A N A LY S I S

Page 2: Precept - WordPress.com · 1 Define your production network and constraints Define your production facilities network (platform, pipe, compressor, separator, etc..). Add constraints

- Whatwillbetheproductionifthedrillingrigcomeonemonthlater?- Whatisthevalueofupgradingthecompressor?- ShouldIlaydownanewpipeline?

Whatifyoucouldanswerallthosequestionsinseconds?

PreceptisaForecast,ReservesandAssetdevelopmentsoftwarefortheOilandGasindustry.

Preceptwasdevelopedtohelpthevariousteamstounderstandtheirassetsandmaximizeoilrecovery.ProductionteamcanusePreceptforshorttermproductionforecast.FieldDevelopmentteamwillusePreceptfordebottleneckingstudies,whileReservoirManagementTeamwillgetbetterunderstandingoftheReserves.

1 Defineyourproductionnetworkandconstraints

Defineyourproductionfacilitiesnetwork(platform,pipe,compressor,separator,etc..).

Addconstraintstoanynodesofthenetwork.

Buildyoursequenceandruntheforecast

Drag-and-dropthenewwellsandopportunitiesinthesequencesbuilder.Seetheeffectofschedulechangesonproductionandplannedshutdown.

WithPreceptpowerfulengine,a100wells/40yearsforecasttakeslessthanaminutetorun.

Afterforecastisrun,thecolor-codedtimelinehelpsengineerstoQCtheresultsandvisualizebottlenecksateachnodesofthenetwork.

Drawthedeclinecurves

Preceptallowsyoutoeasilydefinedeclinecurvesforeachwellsusingdrag-and-dropoptions.

Low,MidandHighcasescanbedefinedandusedforprobabilisticforecast.

2

3

Visualizeresults4

Auser-friendlyinterfaceallowsyoutovisualizetheresultsoftheforecasts.

Line,Bar,WaterfallorTornardochartsarecreatedinfewclicks.

What-ifscenariocaneasilybecomparedandbottlenecksidentified.

Page 3: Precept - WordPress.com · 1 Define your production network and constraints Define your production facilities network (platform, pipe, compressor, separator, etc..). Add constraints

Mainbenefits:

ü GenerateforecastsinlessthanaminuteusingPreceptpowerfulengine.

ü UnderstandyourAsset.Understandthebottlenecksanddefinethebeststrategytomaximizeoilrecovery.

ü Avoidmanualinputs,createwhat-ifscenarioinno-time.

ü Databasefunctionalityforstoring,retrievingandauditingbothinputandoutputdata

ü Probabilisticforecast

ü PreceptcanbelinkedtothirdpartysoftwarelikeEclipse,OFM,Excel,Primavera,etc…

Underdevelopmentandavailableshortly:

Ø Auto-Schedule:Preceptproprietaryalgorithmswillprovideyouwiththebestsequenceofdevelopmentamongthousandsofcalculateddevelopmentstrategies.

Formoreinformation,visitourwebsite:www.cleverfield.fr

orcontact:[email protected]