Oil Production Optimization Via Optimum Artificial Lift Design

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OIL PRODUCTION OPTIMIZATION VIA OPTIMUM ARTIFICIAL LIFT DESIGN
Abstract
During the production of hydrocarbon under natural depletion, reservoir energy is recognized as the cause of fluid flowing into the well and producing in the surface. By producing from reservoir and decreasing pressure, natural production declines and eventually stops. Artificial Lift methods are needed when bottomhole pressure is not enough as to bring up the oil to the surface. This study presents optimization of the production conditions of a well by using artificial lift method. For this purpose, single well model is created to predict future production conditions in the well drainage area and the recommended optimum production conditions. In the next steps, we will try to present an optimal scenario for continuous production of intended well with evaluation of the parameters affecting artificial lift methods. Application of ESPs (Electric Submersible Pump) is also studied and compared with gas lift method. Finally, considering the technical and economic aspects of each method, different approaches are compared to determine the optimum production scenario via artificial lift designs. The results of this study show that both gas lift and ESP are able to achieve the desired well flow rate in the studied field. However, in terms of initial cost and net present value of the project, gas lift is more economical.

 

TABLE OF CONTENTS

Title Page———i

Certification——–ii

Dedication———iii

Acknowledgement——-iv

Abstract ———vi

Table of Content——–vii

 

Chapter One

1.0 Introduction ——-1

1.1 Statement of Problem——4

1.2 Purpose of the Study——5

1.3 Significance of Study——8

1.4 Limitation——–9

1.5 Scope of Study——-11

 

Chapter Two

2.0 Review of Related Literature —-12

2.6 Summary of Literature Review—- 19

 

Chapter Three

3.0 Research Methodology and Procedure—22

3.1 Population ——–22

3.2 Sample and Sampling Technique—-22

3.3 Validation of the Instrument —-23

3.4 Reliability of the Instrument —–23

3.5 Data Analysis——-23

 

Chapter Four

4.0 Presentation and Discussion of Result—24

4.1 Analysis and interpretaion of Data—25

4.2 Discussion of Results——38

 

Chapter Five

5.0. Summary, Conclusion, and Recommendation  –40

5.1 Summary——–40

5.2 Conclusion——–41

5.3 Recommendation——42

References ———45

Appendix 1——–47

Appendix ———50

 

GET MORE: OIL AND GAS, PETROLEUM ENGINEERING PROJECT TOPICS AND MATERIALS OIL PRODUCTION OPTIMIZATION VIA OPTIMUM ARTIFICIAL LIFT DESIGN

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