2016
DOI: 10.5937/podrad1628019d
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Small oilfield integrated production management model

Abstract: Abstract:In this paper is presented the concept of integrated oil production management model. The model's main objective is to provide more efficient tool for oil production process management in terms of the technological and economical aspects. Integrated oil production management model implies multidisciplinary approach which connects oil reservoir development and production with application of risk analysis. Model's task is to simulate behavior of the whole production system, enabling overcoming the weakn… Show more

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Cited by 2 publications
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“…The main objective of the oil production process is to obtain the optimum oil production while operating costs are minimized (Danilović et al, 2016a;Danilović et al, 2016b). During oil production by gas-lift wells, the gas processing and gas compression represent a significant cost.…”
Section: Introductionmentioning
confidence: 99%
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“…The main objective of the oil production process is to obtain the optimum oil production while operating costs are minimized (Danilović et al, 2016a;Danilović et al, 2016b). During oil production by gas-lift wells, the gas processing and gas compression represent a significant cost.…”
Section: Introductionmentioning
confidence: 99%
“…In order to reduce costs and enable the maximum oil production rate, it is crucial that the compression pressure and the quantity of injected gas be minimized. Defining the optimum parameters of the gas-lift wells, it can be determined the adequate volume of gas injection (Danilović et al, 2016b).…”
Section: Introductionmentioning
confidence: 99%