MEERA CENTRUM

Drilling Sequence Optimization
in the Middle East

Challenges

  • The client planned to drill more than 2000 wells in the next 5 years.

  • Optimizing the drilling sequence in the conventional approach is a multidisciplinary task and manpower intensive.

  • The well drilling sequence should be optimized to accelerate the oil production, maximize the oil recovery and minimize the rig movement.

  • Huge amount of information, possible human error, and ineffective communications may yield an inefficient drilling sequence.

Solutions

  • Import all available data including the well lists from different clusters, expected oil gains, clusters locations, and rig movement cost in DSO.

  • Introduce all constraints and specific priorities.

  • Run Drilling sequence optimizer and Economic Analysis to achieve the most efficient well drilling list by maximizing the oil gain and minimizing the rig move and idle time.

OUTCOME

Accurate production forecast and excellent alignment with the observed data in the history and the blind test period

A multi-cluster drilling sequence model is constructed and connected to the client databases to fetch the updated information

Hierarchical access granted to different users to import required data and observed/update the optimization parameters

Optimized well drilling sequence generated which could be updated in minutes based on newly available data/constraint

Live rig location and schedule tracking

Pre-drill, while-drilling, and post-drill activity tracking

Using MEERA CENTRUM unique feature, the operator can estimate the expected profit from resolving each constraint and thus, can make informed decisions about extra investments such as increasing/decreasing the number of drilling rigs.

A multi-cluster drilling sequence model is constructed and connected to the client databases to fetch the updated information

Hierarchical access granted to different users to import required data and observed/update the optimization parameters

Optimized well drilling sequence generated which could be updated in minutes based on newly available data/constraint

Live rig location and schedule tracking

Pre-drill, while-drilling, and post-drill activity tracking

Using MEERA CENTRUM unique feature, the operator can estimate the expected profit from resolving each constraint and thus, can make informed decisions about extra investments such as increasing/decreasing the number of drilling rigs.

Client Return on Investment:
Significant improvement in oil production acceleration and recovery

Significant improvement
in oil production acceleration
and recovery

18% Cost Saving

by minimizing the rig move
and idle time

24% Improvement

in the annual production for the entire
division in 2023

18% Improvement

in the annual production for
the entire division in 2024

7% Improvement

in the annual production for the
entire division in 2025-2027

All these provided by MEERA CENTRUM make your organization ready for any changes in your asset behaviors.