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Case study #1

Production increases

Change tracker capability identified 56,763 bopd additional production in 3 months

*bopd = Barrels of oil per day

Location = Texas

Value = $3.4 million ($60/bbl)

ROI = 12.4

Problem

The Company has many ESP and gaslift wells. PumpChecker provides recommendations on a well by well basis, when changes were made it was hard to calculate the total benefit of implementing PumpChecker recommendations across multiple wells. Production rates on these wells is always on a decline curve, so how could the true production gain be evaluated?

What we did

ALP developed a methodology to generate decline curves for the wells and then track production gains on the wells relative to the decline curve. A report was then generated that captured the total gains achieved across multiple wells.

Results

Increased production by 56,763 bopd  

Customer spend

All the improvements were included in the companies existing licensing cost. To calculate the ROI, the licencing cost is prorated over 3 months.

Case study #2

Field optimization

Performed a pilot of Pump Checker software on 135 wells
*Numbers at oil price of $32.08 / barrel

Location = Colombia

Value = $3.1 million

ROI = 134

Problem

The operator used vendor provided monitoring, as well as their own internally developed SCADA (Supervisory Control and Data Acquisition). However, none of the existing systems could perform analysis of well and ESP performance.

What we did

Pump Checker was deployed for 3 months on 135 wells. Recommendations from Pump Checker were followed for ESP speed changes and proactive interventions on wells.

Results

From speed changes the client obtained 35,560 additional barrels oil = $1.2 million

Proactive pump changes on 4 wells resulted in production gains of 54,789 additional barrels oil = $1.9 million

Customer spend

Against a customer spend of $23,000 the return on investment was 134 times.

Case study #3

GL optimization

Performed a network analysis and made recommendations on gas allocation to wells

*Numbers at oil price of $32.08 / barrel

Location = Texas

Value = $34,560 per day

ROI = 25

Problem

The operator had a central gas compressor supplying gas to multiple wells. What was the optimum allocation of gas available from the compressor to optimize well production?

What we did

Pump Checker generates gaslift optimization curves of oil production rate vs gas injection rate. The optimization curves for a tank battery were generated based on compressor output. Recommendations were generated for optimal injection rates for all the wells on the battery.

Results

Gas was reduced on some wells and increased on 4 wells. 576 bopd of additional production was obtained as a result of the changes. No additional cost, to get the gain other than following Pump Checker recommendations.

This work was based on 37 wells. This type of analysis is scalable based on well count and compressor network.

Customer spend

Included in annual licensing fee

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