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ASSET OPTIMIZATION— Conclusion: Scenarios validate, optimize process

05/11/2009
In implementing its field production optimization tool, BP Trinidad & Tobago (BPTT) ran scenarios for tuning, validating, and calibrating the models, as well as multiple optimization scenarios.This concluding part of a two-part series of articles discusses the scenarios and their results.Part 1 (OGJ, May 4, 2009, p. 58) covered the software components of the optimization process that includes a library of well models (PROSPER), steady-state field model and optimizer (HYSYS), Excel applications (TFO interface), a data historian (PI), and a BPTT proprietary database (MIRS).BPTT currently has 11 offshore production platforms feeding into three offshore gas and condensate processing hubs ...
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