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Field allocation or platform allocation denotes allocation cases where contribution sources are more than one production field or more than one offshore platform, making a commingled flow into a pipeline. [13] Well allocation is a term used in the case where the contribution sources are production petroleum wells, or any type of injection well.
OCTG – oil country tubular goods (oil well casing, tubing, and drill pipe) [23] OD – outer diameter (of a tubular component such as casing [citation needed]) ODT – oil down to; OFE – oil field equipment; OFST – offset vertical seismic profile; OEM – original equipment manufacturer; OFIC – offshore interim completion certificate
Outcomes of a well test, for instance flow rate data and gas oil ratio data, may support the well allocation process for an ongoing production phase, while other data about the reservoir capabilities will support reservoir management. Example Well Testing Package. Shown: Choke Manifold, Well Testing Separator, flare stack, surge tank and Wellhead.
Intelligent well: An oil or gas well equipped with monitoring equipment and completion components that allow for automatic or remote optimization of production. Joint: A length of pipe. Kelly: A square or hexagon pipe ( Approximately 40 ft. long ) used to turn the drill string while drilling.
Flow assurance [1] [2] is a relatively new term in oil and gas industry. It refers to ensuring successful and economical flow of hydrocarbon stream from reservoir to the point of sale. The term was coined by Petrobras in the early 1990s ahead of a DeepStar Program meeting, in Portuguese as Garantia do Escoamento [ 3 ] ( pt::Garantia do ...
Daily production can be matched against production forecasts to establish the accuracy of simulation models based on actual volumes of recovered oil or gas. Unlike analogs or volumetric methods above, the degree of confidence in the estimates (or the range of outcomes) increases as the amount and quality of geological, engineering and ...
Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.
Well completion is the process of making a well ready for production (or injection) after drilling operations. This principally involves preparing the bottom of the hole to the required specifications, running in the production tubing and its associated down hole tools as well as perforating and stimulating as required.