Integrated asset modelling

In order to go through this lengthy process more quickly, the industry has slowly [1] been adopting a more integrated approach which captures the constraints imposed by the infrastructure on the network immediately.

Most companies are too compartmentalised for this to be easy, as a result of this an integrated approach has the following drawbacks; The biggest barrier to adoption of IAM is frequently the resistance of reservoir engineers to any simplification of the subsurface.

As with any other software because of the inherent limitations in any virtual model use of an IAM is only appropriate during various stages of a project life.

There are relatively few software packages on the market which are truly integrated, however these can offer the benefit of shorter runtimes and lower expertise thresholds.

In practice this means that existing models will be either converted or linked by specialists to form an integrated solution.

Integrated Production Model With Stochastic Simulation to Define Teotleco Exploitation Plan.

Paper SPE 157556 presented at the International Production and Operations Conference and Exhibition held in Doha Qatar, 14–16 May 2012