Real-time well optimization stabilizes, adds production

Several field cases show how Shell Group’s use of software for monitoring and optimizing production has reduced decline rates.Software data-driven well models allow prediction of changes to overall and individual well production because of changes to individual well set points such as production choke settings and lift-gas rates. The software then computes well set points for optimizing oil and gas production subject to various well and production constraints, thereby: Decreasing field decline, sustained during several years. Increasing production by reducing platform start-up time. Providing more stable well production.Production measurementsIn conventional practice, operators meas...

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