Schlumberger Technology Corporation

Vijaya Halabe

Tarek M Habashy

Benoit Couet

William John Bailey

Michael David Prange

Andrew John Carnegie

Raj Banerjee

Peter Gerhard Tilke

Jeffrey Spath

Richard Ian Torrens

Michael Thambynayagam

A system for automatically optimizing a Field Development Plan (FDP) for an oil or gas field uses a fast analytic reservoir simulator to dynamically model oil or gas production from the entire reservoir over time in an accurate and rapid manner. An objective function defining a Figure of Merit (FoM) for candidate FDPs is maximized, using an optimization algorithm, to determine an optimized FDP in light of physical, engineering, operational, legal and engineering constraints. The objective function for the Figure of Merit, e.g., net present value (NPV) or total production for a given period of time, relies on a production forecast from the fast analytic reservoir simulator for the entire FDP.

Automated field development planning

The invention relates to a method of performing production operations. The method includes identifying a plurality of simulators from a group consisting of a wellsite simulator for modeling at least a portion of the wellsite of the oilfield and a non-wellsite simulator for modeling at least a portion of a non-wellsite portion of the oilfield, defining a first strategy template comprising a first condition defined based on a first variable of the plurality of simulators and a first action defined based on a control parameter of the plurality of simulators, wherein execution of the first action during simulation is determined based on the first condition in view of a logical relationship, developing a first strategy for managing the plurality of simulators during simulation, wherein the first strategy is developed using the first strategy template, and selectively simulating the operations of the oilfield using the plurality of simulators based on the first strategy.

System and method for oilfield production operations

Growing community of inventors

Abingdon, United Kingdom

Vijaya Halabe