New production profile predictor method determines well performance

摘要

Current technologies that measure downhole fluid rates all suffer from a fluids fall-back problem in addition to inherent inaccuracies. A new approach eliminates these problems and the measurement costs. The best well results are achieved through optimum well placement and flow monitoring. Although the industry has invested heavily in developing ways to improve recovery, the fact is that in most operations more than 60% of the hydrocarbons are left in the ground. A better sense of well performance allows for improved production management.