precept - wordpress.com · 1 define your production network and constraints define your production...
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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
- 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.
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3
Visualizeresults4
Auser-friendlyinterfaceallowsyoutovisualizetheresultsoftheforecasts.
Line,Bar,WaterfallorTornardochartsarecreatedinfewclicks.
What-ifscenariocaneasilybecomparedandbottlenecksidentified.
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]