Oil and Gas Production Optimization Software

| |

Visualizing disparate data types can greatly assist production optimization.

From interpreting seismic surveys that identify the most promising hydrocarbon resources to monitoring daily fluid and pressure metrics, there are dozens of factors and activities that impact oil and gas production. Yet, the biggest challenge for asset teams is finding the means to holistically evaluate these factors, explore their interdependencies, and make modifications to optimize production.
Visualization software plays a critical role in helping oil and gas professionals understand the data generated or acquired during each activity associated with the exploration, drilling, and production cycles, and identify opportunities for production optimization. From that perspective, the best oil and gas production optimization software integrates disparate data sources and incorporates it into time variable geospatial volumes where changes in production volume can be tied to other geologic, petrophysical, and reservoir simulation data.

Production Optimization Requires Data Sharing Among Disciplines

Production optimization is a continual process that begins with well design guided by detailed and accurate geologic and petrophysical data. Reservoir simulation models provide additional insight regarding the estimated production potential of hydrocarbon assets, presenting useful information for engineers.
  • Drilling engineers use information from reservoir simulation models to efficiently recover the well‘s estimated resources.
  • Completion engineers rely on known reservoir characteristics, open-hole logs, and petrophysical data to determine the appropriate perforation locations, as well as pump types and sizes.
  • Production engineers monitor flow rates, pressures, and temperatures in oilfield infrastructure such as valves, pumps, pipelines, and storage tanks.
Sharing of data, collaboration among disciplines, and continual review of changing geospatial and reservoir characteristics is vital to production optimization. However, one of the biggest challenges for geophysicists and engineers is integrating and collaboratively sharing data in support of optimal production strategies.

Software Best Suited to Enhance Production Optimization

All phases of well completion and production design rely on software products developed specifically for the needs of each discipline—wellpath design, reservoir modeling, completion, production monitoring. Each software product is powerful in the hands of professional engineers, yet no single software product provides a full understanding of the data and production processes.
Discipline-specific software produces necessary numerical data but fails to incorporate the geospatial context that includes the geologic, petrophysical, or reservoir models for the well or field. Full understanding of the engineering process of well planning, completion, and production design requires the integration of data from individual engineering software packages into an inclusive geospatial/temporal model. When engineers across multiple disciplines can evaluate production data in the context of evolving geospatial data and changing reservoir conditions, they gain a clearer picture of all factors that affect production.

Integrate Data to Quickly Correlate Events with Conditions

By visually integrating production data with geologic, petrophysical, and temporal reservoir simulation models and 4D (time sequence) seismic data, production engineers can quickly correlate events with changing conditions. For example, a sudden, unexplained loss of oil production in a well can be the result of water encroachment clearly visible in the seismic data and the reservoir simulation model. With this insight, engineers can determine the water source—perhaps a water injector well in close proximity. This enables them to quickly focus on the problem and make time-critical decisions on how best to remedy the situation.

CoViz 4D Integrates and Visualizes Data to Optimize Production

Engineers across the various disciplines responsible for production optimization understand that the data they rely on and the software they use provides a vital, but only a partial portion of the information needed to optimize production. The best oil and gas production optimization software integrates the disparate datasets from these disciplines—geologic, petrophysical, reservoir, and production, and visualizes them in a collaborative data environment.
CoViz 4D is an integrated software solution that delivers all these capabilities. When data from individual (phase) production optimization software products are integrated into CoViz 4D’s collaborative data environment, the combined information can be viewed and analyzed in a geospatial/temporal context allowing all involved disciplines to reach well-informed decisions to optimize oil and gas production.

CoViz 4D, a data visualization analytics software from Dynamic Graphics, Inc., gives geologists, geophysicists, and reservoir engineers the ability to easily access and combine all relevant data associated with subsurface environments. Powerful analytic capabilities enable users to explore data relationships, analyze the accuracy of depth conversion of 3D seismic, and visualize seismic well ties and velocity models to facilitate decisions that positively impact profit and reduce operational risk. To learn more about CoViz 4D, contact our team.

FURTHER READING

Reservoir Surveillance: Understanding the Role of Data Integration in a PRM Environment

Using seismic differencing analysis in CoViz 4D can highlight changes in water saturation over time to compare with water encroachment at a producing well location in the reservoir simulation model.Permanent Reservoir Monitoring (PRM) produces large amounts of...

Monitoring Induced Seismicity in Geologic Carbon Storage

The interest in geologic carbon storage is on the rise. It’s proving to be an effective method to reduce CO2 emissions in an effort to mitigate climate change. Geologic carbon storage can serve several purposes—straightforward CO2 storage, injection into wells for...

Enhancing Reservoir Characterization With 3D Geocellular Modelling

Cellular grids are created so gridlines align to the major structural components of the model such as the faults and horizons.Greater accuracy in reservoir modeling supports better field development and operational decisions. With the wealth of geologic,...

The Value of Multidisciplinary Data in Resolving Oil Well Production Problems

There are two main classes of oil well production problems—mechanical and reservoir. In both classes, much of the same unstructured data can be used to diagnose and resolve the problem but it is the resolution processes that differ once the source of the problem is...

Predictive Analytics in the Oil and Gas Industry Aids in Refining Estimated Ultimate Recovery Analysis

Seismic history matching with simulation models in a temporal setting can greatly enhance predictive performance analysis. CoViz 4D is a vital tool designed to assist analysts in economic and technical decision-making.Predictive analytics in the oil and gas industry...

4D Seismic Data Visualization: Why the 4th Dimension Is Just As Important As the Other Three

One seismic cube out of a time-lapse series shown with the velocity cube, different geologic models, reservoir simulation grid, production data, and well paths, completions and logs. Putting all this 3D and 4D data into a single environment provides a coherent history...

Seismic Reservoir Monitoring Through Visualization

An ideal design, development, and management plan for hydrocarbon asset development comes from having a better understanding of  all known geological and petrophysical aspects of the subsurface. But given the dynamic nature of the reservoir and its attributes, petroleum professionals can encounter some complexities in the process of in-depth analysis.

Share on Social Media