Minimum Economic Production rate estimation for a field
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- Bilal Amjad
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Minimum Economic Production rate estimation for a field
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.
Actually I am doing a simulation study in which we have to limit the production rate at some economic limit.
Bilal Amjad
Reservoir Engineering Consultant
Reservoir Engineering Consultant
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 ...
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 ...