System and method for well lifecycle planning visualization

US10423915B2 · US · B2

Patent metadata
FieldValue
Publication numberUS-10423915-B2
Application numberUS-201715613071-A
CountryUS
Kind codeB2
Filing dateJun 2, 2017
Priority dateJun 2, 2016
Publication dateSep 24, 2019
Grant dateSep 24, 2019

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  1. Title

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  2. Abstract

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  3. Assignees and inventors

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  4. Key dates

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  5. First independent claim

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  6. CPC / IPC classifications

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  7. Citations and related patents

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Abstract

Official abstract text for this publication.

According to one embodiment, there is provided herein a system and method for producing a well lifecycle lift plan that includes considerations of multiple types of lift, multiple lift configurations associated with each lift type, and can be used to provide a prediction of when or if it would be desirable to change the lift plan at some time in the future. Another embodiment utilizes a heuristic database with rules that might be used to limit the solution space in some instances by restricting the solution to feasible configurations. A further embodiment teaches how multiple individual well optimization results might be combined with a reservoir model to obtain an optimized lift schedule for an entire field.

First claim

Opening claim text (preview).

What is claimed is: 1. A computerized method of managing production in a hydrocarbon producing well, comprising the steps of: a. accessing a decline curve for the well, said decline curve predicting hydrocarbon production from the well over a predetermined period of time; b. accessing a lifecycle plan for the well, said lifecycle plan specifying a use of at least two different lift methods and containing at least one changeover point, each of said at least one changeover points occurring a time within said predetermined period of time; c. forming a graphical representation on a display device of said decline curve and said lifecycle plan, wherein each of said at least one change over points is represented by a graphical indicium on said display device; d. displaying at least one of financial information associated with lifecycle plan and production information associated with said lifecycle plan; e. allowing a user to select on said display device one of said graphical indicium associated with one of said at least one changeover points; f. allowing a user to adjust on said display device a time location of said selected changeover point, thereby producing a modified lifecycle plan for the well; g. using at least a portion of said lifecycle plan to calculate and display on said display device in real time a modified financial information associated with said lifecycle plan if said financial information was displayed or a modified production information if said production information was displayed; and, h. making at least one lift decision in the well using said modified lifecycle plan. 2. The computerized method of managing production in a hydrocarbon producing well according to claim 1 , wherein said financial information includes at least one of a predicted net present value of an income stream for said lifecycle lift plan, a total equipment cost for said lifecycle lift plan, and an income statement for said lifecycle lift plan. 3. The computerized method of managing production in a hydrocarbon producing well according to claim 1 , wherein said production information includes at least one of a total fluid production, an oil production, a gas production, a down time, a quantitative risk, or a technical feasibility score. 4. A multilevel computerized method of managing production in a hydrocarbon producing well, wherein is provided a computer display, comprising the steps of: a. accessing a decline curve for the well, said decline curve predicting hydrocarbon production from the well over a predetermined period of time; b. accessing a plurality of lifecycle plans for the well, wherein each of said plurality of lifecycle plans has an objective function value associated therewith, wherein each of said plurality of lifecycle plans specifies a use of at least two different lift methods during said predetermined period of time, and, wherein each of said plurality of lifecycle plans specifies a changeover point between each of said at least two different lift methods; c. selecting a number of said plurality of lifecycle plans to display; d. presenting on said computer display an ordered list of said selected number of lifecycle plans with said selected number of lifecycle plans being ordered based on each lifecycle plan's objective function value; e. allowing a user to select one of said number of ordered lifecycle plans; f. for said selected lifecycle plan, forming a graphical representation on a display device of said decline curve and said lifecycle plan, wherein each of said at least one change over points is represented by a graphical indicium on said display device; h. displaying at least one of a financial information associated with lifecycle plan and a production information associated with said lifecycle plan; i. allowing a user to select on said display device one of said graphical indicium associated with one of said at least one changeover points; j. allowing a user to adjust on said display device a time location of said selected changeover point, thereby producing a modified lifecycle plan for the well; k. using at least a portion of said lifecycle plan to calculate and display on said display device in real time a modified financial information associated with said lifecycle plan if said financial information was displayed or a modified production information if said production information was displayed; and, l. making at least one lift decision in the well using said modified lifecycle plan. 5. The method of claim 4 , wherein step (h) comprises the steps of: (h1) displaying at least one of a financial information associated with lifecycle plan and a production information associated with said lifecycle plan, and, (h2) displaying on said display device configuration details for each of said at list two different lift methods associated with said selected lifecycle plan. 6. The method of claim 4 , wherein said objective function value is selected from the group consisting of a net present value, a cash flow total, and an operating cost.

Assignees

Inventors

Classifications

  • Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" (market predictions or forecasting for commercial activities G06Q30/0202) · CPC title

  • Energy or water supply · CPC title

  • Strategic management or analysis, e.g. setting a goal or target of an organisation; Planning actions based on goals; Analysis or evaluation of effectiveness of goals · CPC title

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What does patent US10423915B2 cover?
According to one embodiment, there is provided herein a system and method for producing a well lifecycle lift plan that includes considerations of multiple types of lift, multiple lift configurations associated with each lift type, and can be used to provide a prediction of when or if it would be desirable to change the lift plan at some time in the future. Another embodiment utilizes a heurist…
Who is the assignee on this patent?
Ge Oil & Gas Esp Inc
What technology area does this patent fall under?
Primary CPC classification G06Q10/0637. Mapped technology areas include Physics.
When was this patent published?
Publication date Tue Sep 24 2019 00:00:00 GMT+0000 (Coordinated Universal Time) (B2). Legal status and post-grant events are not shown on this page.
What related patents are in patentsdb?
We list 3 related publications on this page (citations in our corpus or others sharing the same primary CPC).