Published September 2014

Technical approach to advanced oil production planning

A.Sh. Garalov

I.Y. Silvestrova

Keywords:  
oil production planning
economic performance
operating well stock
current declining well stock
estimated annual oil production.

The options of technical approaches toward advanced oil production planning, as well as evaluated their advantages and disadvantages have been considered. Well stock status is primarily estimated when oil production planning. Current declining well stock is first estimated with regard to utilization of all disclosed stocks, followed by potential return of the well to production from drilling or non-operation. Based on well state estimation and commissioning period operating well stock ranks on: old wells (proceeding and restoring) and wells drilled and completed. Oil production schedule is separately estimated in accordance with each well rank. An example of oil production planning estimated for a year is shown. The presented estimation enables long-term crude oil production planning; herewith one may estimate base-case scenario, as well as options with regard to risk per cent.

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