Production Optimization refers to the various activities of measuring, analyzing, modeling, prioritizing and implementing actions to enhance the productivity of a field: reservoir/well/surface. Production Optimization is a fundamental practice to ensure the recovery of developed reserves while maximizing returns. Production Optimization activities include:
- Near-wellbore profile management
gas–water coning and fingering
near-wellbore conformance management
- Removal of near-wellbore damage
matrix stimulation or acidizing
- Maximize the productivity index
hydraulic fracturing
maximum-reservoir-contact well with multilateral completion
- Prevention of organic and inorganic solid deposition in the near-wellbore/completion/pipeline
- Well integrity
prevention and remediation of casing and cement failure
- Design of Well completion
optimization of artificial lift performance at field and well level
sand control management
- The efficiency of oil and gas transport
- Design of surface facilities and fluid handling capacity
- Production system debottlenecking
Production Optimization, along with Reservoir Management, is a central part of a company’s field development and deliverability strategy. The key factor in production optimization is the capability to mitigate formation damage during well construction and production routine operations. Formation damage mitigation can be accomplished assuring that operational details are achieved before reaching the pay zone to the last production parameters recorded.
Credits: Oil and gas portal
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