MEERA CENTRUM
Optimizing Water Flooding Plan in an Oilfield in the Middle East
Challenges
Solutions
OUTCOME
Optimized Field Plan and Confident Field Performance Prediction
A full field Evergreen model is constructed and history trained in less than three weeks. The model shows excellent alignment with the observed data in the history and the blind test period which confirms the model’s predictability
More than 100 development scenarios have been tried on MEERA CENTRUM super-fast model
The location of 6 producers and 5 injectors has been optimized and proposed to the New Oil team
Perforation interval optimized in 5 existing producers and proposed to WRM team
The injection rate in 12 existing injectors has been optimized and proposed to the production team
Economic Analysis was performed to evaluate the investment profitability
A full field evergreen model is constructed and history trained in less than three weeks. The model shows excellent alignment with the observed data in the history and the blind test period which confirms the model’s predictability
More than 100 development scenarios have been tried on MEERA CENTRUM super-fast model
The location of 6 producers and 5 injectors has been optimized and proposed to the New Oil team
Perforation interval optimized in 5 existing producers and proposed to WRM team
The injection rate in 12 existing injectors has been optimized and proposed to the production team
Economic Analysis was performed to evaluate the investment profitability
WHAT WE DELIVER
History training & forecasting time comparison
MEERA CENTRUM
CONVENTIONAL
0.9hours
5.7hours
MEERA Single run
CMG Single run
4-5runs
100-200runs
MEERA
History matching runs
Conventional
History matching runs
Client Return on Investment:
4.6% Improved Oil Production
4.6% Improved
Oil Production
2.9%
1.5%
0.2 %
Improved oil Production in 3 years, by relocating 8 production wells
Improved oil Production in 3 years, by relocating 5 injectors and adjusting injection rates for 12 existing wells
improved oil Production in 3 years, by optimizing the perforation interval in 5 wells
Estimated Cost Effectiveness
MEERA CENTRUM
CONVENTIONAL
IMPROVEMENT(%)
MEERA CENTRUM
CONVENTIONAL
IMPROVEMENT(%)
-
-
5.7%
MEERA | Total Expected Oil Production
Conventional | Total Expected Oil Production
Total Expected Oil Production
10man-months
15man-months
33%
MEERA | Normal FDP Study from Scratch
Conventional | Normal FDP Study from Scratch
Normal FDP Study from Scratch
Automatic
11man-months
100%
MEERA | Frequent Model Updates (every 2-5 years)
Conventional | Frequent Model Updates (every 2-5 years)
Frequent Model Updates (every 2-5 years)
7man-months
10man-months
30%
MEERA | Project Duration
Conventional | Project Duration
Project Duration
Young Engineers
Senior REs
70%
MEERA | Resources Requirements
Resources Requirements | Industry Estimated
Resources Requirements
Not Required
Required
30%
MEERA | Compositional model
Conventional | Compositional model
Compositional model
Normal System
Workstation or cluster
30%
MEERA | Hardware & Maintenance
Conventional | Hardware & Maintenance
Hardware & Maintenance