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PETROLEUM PRODUCTION OPTIMIZATION IN OIL & GAS

Houston, TX

Start Date:  

Apr-29, 2024

End Date:  

May-03, 2024

Price:  

$6,500

Building physics based and data driven reduced order models (data driven proxy models) for dynamic simulation and value quantification of reservoir processes

Validation of simulation models using past records for constraining reservoir description, reservoir characterization and improving prediction accuracy

Assessment of uncertainty in the estimation of reservoir connectivity through integration of measurement and model uncertainty to generate multiple plausible geologic scenarios

Using simulation based optimization tools to optimally operate petroleum production systems and support real time decision making (what if scenario analysis)

Performing lifecycle production assessment and management of petroleum reservoirs

Field wide multi objective optimization strategies to determine optimal operating set points and meet business goals

Assessing impact of optimization strategies on system performance plan operational response