Oct. 29, 2024


Description

Oil and gas production optimization is at the heart of any successful reservoir management strategy, yet it remains one of the most difficult engineering challenges to tackle. In this presentation, we demonstrate how MATLAB is used for production optimization of multi-well systems while accounting for several key operational constraints. Using inflow performance relationship (IPR) and vertical lift performance (VLP) curves from external simulators, we developed an efficient nonlinear solver to convert production rates from downhole to surface conditions along with a custom optimization cost function to find the set of well head pressures that optimizes production under predefined constraints.

 

· Processing IPR and VLP curves following an object-oriented approach.

· Developing fast n-dimensional interpolation functions to estimate a well operating point.

· Creating a nonlinear constrained optimization model to find optimal operating wellhead pressure.

 

This event is in collaboration with MathWorks Energy Symposium 2024. For more details and registration for this event, please visit: 2024 MES

 

 

Note: Lunch will be provided during the event. 


Featured Speakers

Speaker: Oscar Molina
Speaker Oscar Molina

Oscar Molina is a senior application engineer with MathWorks focusing on industrial software development workflows in MATLAB. He has extensive experience with software architecture and design, object-oriented programming, and high-performance computing for engineering applications. He holds PhD and master’s degrees in petroleum engineering from Louisiana State University, and a bachelor’s …

Oscar Molina is a senior application engineer with MathWorks focusing on industrial software development workflows in MATLAB. He has extensive experience with software architecture and design, object-oriented programming, and high-performance computing for engineering applications. He holds PhD and master’s degrees in petroleum engineering from Louisiana State University, and a bachelor’s degree in mechanical engineering from the Universidad Pontificia in Colombia. He is also a candidate for a master’s degree in computer science from the Georgia Institute of Technology. 

Full Description



Organizer

Prithvi Singh Chauhan


Date and Time

Tue, Oct. 29, 2024

11:30 a.m. - 12:30 p.m.
(GMT-0500) US/Central

View Our Refund and Cancellation Policy

Location

Norris Center

9990 Richmond Avenue, Suite 102
Houston, TX 77042
United States of America



Group(s): Data Analytics