Minimum Economic Production rate estimation for a field

Well Test Analysis, Pressure and Production Monitoring........ etc.

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Bilal Amjad
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Minimum Economic Production rate estimation for a field

Post by Bilal Amjad »

How Minimum Economic Production rate estimation for a field is estimated? Is there any criteria or formula? I also need real field examples of such estimation.
Actually I am doing a simulation study in which we have to limit the production rate at some economic limit.
Bilal Amjad
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FANARCO
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Post by FANARCO »

The Economic limit is considered as a policy for each company/region/location ...etc

For example in Egypt the economic limit for offshore wells about 100 BOPD and 50 BOPD for onshore

This is subjected to change if there is an artificial lift or natural flow.....
Any way, for simulation modeling you can consider it 50 BOPD comfortable ...
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