Recently, the industry has seen an enormous increase in the amount of upstream data delivered with fine resolution and accuracy as provided by downhole monitoring equipment. Downhole measurements include distributed temperatures along the wellbore, wellbore pressure and temperature at discrete points, zonal flow rates, equipment performance data such as ESP operating efficiency, and downhole and surface chemical injection data. Even though the potential benefits of these measurements are recognized, practical models and processes that take full advantage of the actual data have not been well established.
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