Day 1 Mon, October 26, 2020 2020
DOI: 10.2118/201958-ms
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Assisted Creation and Usage of Material Balance Models for Production Forecasting as a Part of Integrated Field Management

Abstract: For decades, computer simulation has been an inevitable part of hydrocarbon reservoir development. 3D reservoir models of productive reservoirs and gathering system pipeline models exist for almost all operated fields. The recent concept of digital oilfield relies much upon performing computer simulation in order to automate the development process. Operational field development management is one of the processes that can be automated within this concept. However, conventional computer simulatio… Show more

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“…Hence, the management of production materials is crucial to the smooth completion of production tasks [10][11][12][13][14][15][16]. As various intelligent manufacturing technologies and intelligent production equipment enter the production workshop, there is a growth in the types and consumption of different production materials, in the pursuit of a short time interval between production processes [17][18][19][20][21]. The fluctuations in the demand for production materials by production equipment arise from the uncertainty of the demand by consumer orders.…”
Section: Introductionmentioning
confidence: 99%
“…Hence, the management of production materials is crucial to the smooth completion of production tasks [10][11][12][13][14][15][16]. As various intelligent manufacturing technologies and intelligent production equipment enter the production workshop, there is a growth in the types and consumption of different production materials, in the pursuit of a short time interval between production processes [17][18][19][20][21]. The fluctuations in the demand for production materials by production equipment arise from the uncertainty of the demand by consumer orders.…”
Section: Introductionmentioning
confidence: 99%