Day 2 Thu, November 02, 2017 2017
DOI: 10.2118/188994-ms
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Best Practices in Calibration of Integrated Production Modeling for Tengiz Field

Abstract: Petroleum Experts Integrated Production Modeling (IPM) toolkit is widely used in Tengizchevroil (TCO) for short and long term production forecasting in the Tengiz field. The short and long term models each have their own strategic focus. The short term IPM model is used for day-to-day management of field activities to ensure business plan production volumes are delivered. The long term IPM model is used to manage base business and optimize scenarios for various future development projects. The short term IPM m… Show more

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