Systems and methods for optimization of real time production operations

Systems and methods for optimization of real time production operations. In one embodiment, a moving time horizon based parametric model provides fast predictions for production optimization in a short-term framework. In another embodiment, multiple technologies are selected in connection with asset...

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Bibliographic Details
Main Authors RODRIGUEZ JOSE, AWASTHI ANKUR, SANKARAN SATHISH, SAPUTELLI LUIGI, MIJARES GERARDO, GARCIA ALEJANDRO, NIKOLAOU MICHAEL
Format Patent
LanguageEnglish
Published 12.03.2013
Subjects
CALCULATING
COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
EARTH DRILLING
EARTH DRILLING, e.g. DEEP DRILLING
ELECTRIC DIGITAL DATA PROCESSING
FIXED CONSTRUCTIONS
MINING
OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Summary:Systems and methods for optimization of real time production operations. In one embodiment, a moving time horizon based parametric model provides fast predictions for production optimization in a short-term framework. In another embodiment, multiple technologies are selected in connection with asset performance workflows that are uniquely implemented in a multi-phase approach.
Bibliography:Application Number: US20080337437